Ahead of the credit policy markets were down by 400 points and after RBI announced the credit policy, it went into a downward spiral falling by another 337 points to below 9,000-points mark, a level last seen in July 2006. RBI on Friday kept its key rates unchanged in the mid-term review of annual monetary policy and lowered economic growth projections to 7.5-8 per cent for 2008-09.
India Inc on Monday expressed optimism that the Congress-led government at the Centre would carry forward the reforms, and the stock market crash was a result of "complete nervousness" among investors, which would recede after the Common Minimum Prog
This amount does not include losses suffered indirectly through investment in mutual funds (MFs) and insurance companies.
For a country that is competing globally on the strength of its human talent, bringing ESOPs under the FBT umbrella could increase the costs of hiring and retaining talent.
Besides addressing the inflation problem, the Budget is likely to focus on infrastructure and agriculture.
Undeterred by the volatility on the Dalal street, realty major Emaar MGF on Wednesday said it would go ahead with its plan to enter the capital market for raising up to Rs 7,077 crore (Rs 70.77 bilion) through initial public offer.
While the investors have lost a whopping Rs 6,63,975 crore (Rs 6,639.75 billion) in just one trading session from market cap of Rs 66,17,501.33 crore (Rs 66,175.01 billion) on Friday last week. The investors had lost over 5,21,310 crore (Rs 5,213.1 billion) in the five trading sessions last week.
Smaller stocks have emerged as Dalal Street's favourites in 2023 that has turned out to be a "great year" for equities, rewarding investors with big gains, driven by optimism over the country's macroeconomic fundamentals and heavy retail investors participation. Experts said equity markets are experiencing a prolonged bull run and it is during this time that the midcap and smallcap segments tend to outshine their larger counterparts. Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20 per cent while the midcap index has surged 10,568.18 points or 41.74 per cent.
Market analysts are bullish about the dream run at the bourses.
This trend shows that global cues had a very influential effect on our markets. "We should be growing on our own strength," Kejriwal cautioned, adding the "subprime issue was not resolved, not sorted out, it has just been postponed".
Reliance closed at Rs 2,195, higher by 3.3% on the BSE, after having placed a bid for a controlling interest in LyondellBasell Industries.
Markets can no longer go kaput these days; nor can brokers.
Drama, drama and more drama. This is how one would sum up the action on the stock markets during the last one-month.
Family members came out in support of Varun Dhawan and Shraddha Kapoor's new film together, Street Dancer 3D, at its special screening in Mumbai. It has been directed by Remo D'Souza.
HCL Tech was the top gainer in the Sensex pack, rallying over 5 per cent, followed by L&T, Tech Mahindra, HDFC Bank, UltraTech Cement, ITC and Tata Steel. NSE Nifty rose 70.25 points to its all-time high of 15,924.20.
price earnings ratio is a tool that loosely reflects the value of a company or the Sensex. Here's how you can calculate it.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
The years when investors had reaped positive gains included 2007 (3.88 per cent), 2005 (9.11 per cent), 2003 (7.46 per cent), 2001 (3.2 per cent). The Sensex's over 28 per cent jump in May this year, makes the biggest gains in a month over the past 10 years.
It is not only Mumbai's Dalal Street that is witnessing firecrackers on its skies in the run-up to Diwali, markets across the world tend to soar higher during the festival days -- be it Christmas in the United States or the Rio festival in Brazil.\n
Samvat 2062 is set to end with a bang. What can investors expect?
Bulls of the Dalal Street once again managed to breach the 12,000-mark on Thursday, but the latest drive to this once-beaten milestone had less of foreign support that the Indian equity market has been getting through FII inflows.
The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. During the day, the benchmark jumped 621.17 points or 0.99 per cent to 63,303.01, its lifetime intra-day peak. Extending its winning momentum to seventh day, the Sensex has rallied 1,954.81 points or 3.19 per cent during this time.
Should one buy individual stocks or are mutual funds the best investment choice available to small investors?
Sensex is now as expensive as in early 2008
The government on Monday said that the capital market regulator, the Securities and Exchange Board of India, is enquiring the sharp fall in share prices a week ago that had wiped off more than Rs 100,000 crore (Rs 1 trillion) of shareholders' wealth.
The Securities and Exchange Board of India on Tuesday asserted that the Indian financial markets were safe for investing and there was no payment crisis on the bourses.
Gold prices rose on the bullion market in New Delhi on Monday on emergence of buying by investors amid purchasing by stockists, as funds got diverted from falling equity markets.
The stock markets on Monday crashed, witnessing a historic fall of 16 per cent in a day triggered by uncertainty over economic reforms and policies of the new government at the Centre.
After the Friday's blood-bath at Dalal Street, the Sensex today opened 27 points lower over its last close at 6,221.
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