On the Sensex chart, IndusInd Bank, Tata Steel, ONGC, ICICI Bank and Kotak Bank were among the top losers.
The NSE Nifty went past the 8,600-mark for the first time since November 1.
India's industrial sector grew by 9.1 per cent in September against 6 per cent in the same period last year.
Loans, cash credits, and overdrafts at the end of December 22, 2017, stood at Rs 81,287.32 billion, against Rs 73,340 billion in the year-ago period.
After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.
Check what is happening in the stock markets today. Genus Power, Jayant Agro, Karuturi Net look good.
Check what is happening at the stock markets today. Goldstone Tech, Media Video and Alphageo Ind look good.
Check what is happening at the stock markets today. Swan Mills, Cravatex Ltd, Hindoostan Spg look good.
Check what is happening at the stock markets today. Hindoostan Spg, Cravatex Ltd, Kamla Dial, Swan Mills look good.
Check what is happening at the stock markets on Wednesday. A few stocks that look good are Networth Stk, Aarvee Denim, Flat Products and Modern Steel.
IT shares show continued weakness, Mid-cap index outperforms with 1.5% gains.
Consumer durables firm, Philips, will up investments in emerging growth markets like India and China by 27 per cent this fiscal over the previous year.
In these times of high losses, airlines are looking at multiple options to earn cash.
At the moment, it has only personal computer monitors in its portfolio.
Consumer durables major Videocon Industries' subsidiary Datacom Solutions, which has received telecom licences to begin pan-India operations, is planning to commence network rollout starting August 15 and services by year-end, becoming one of the first newcomers to launch operations.
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
Plans to cover long distance gas pipelines would mean increase in demand for steel pipes and tubes.
The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore ($2.1 billion) in the sector in November amid strong credit growth and manageable non-performing loan portfolio. The investment comes following a net withdrawal of Rs 4,686 crore from financial services stocks in October on account of profit booking. Overall, foreign portfolio investors (FPIs) have made a net investment of Rs 36,238 crore in the country's equity markets in November.
Delhi is the largest market for high-end consumer durables and cars in India, despite Greater Mumbai having the highest prosperity among all markets.\n\n\n\n
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