L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
Indian stock market indices have climbed close to their all-time highs, even as key overseas indices such as the Dow Jones, FTSE 100 and Nikkei 225 are reeling under the sub-prime meltdown in the US.
The Dogs of the Sensex stock picking strategy is based on the Dogs of the Dow theory. The latter has outperformed its benchmark index, the Dow Jones Industrial Average, for the last 46 years.
There's more to the US markets than a mere weak-dollar story.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
Infosys slipped nearly 9% after the company cut full year revenue outlook for FY17.
The benchmark Sensex companies' underlying earnings per share are down 3 per cent (on a cumulative basis) since January 2015, against 25 per cent rise in the index value during the period
Technical fault was the reason behind it.
All Sensex components ended in the red. SBI was the top loser, followed by ONGC, Axis Bank, ITC, Titan, Bajaj Auto, TCS and IndusInd Bank.
Michel Mulder 'lost' then won the men's 500 metres Olympic speed skating title by one hundredth of a second in a dramatic finale at the Adler Arena on Monday, with his twin brother Ronald taking bronze in another Dutch clean sweep of the medals.
But on account of uncertainty over the presidential elections and also the fact that the valuations are looking a bit stretched, volatility is likely to remain the order of the day.
Interview with Asia-Pacific economist, Morgan Stanley
New app propels civic engagement, using known tools and similar experience abroad, in another effort to use social media's power.
'This fall is nothing. We could see worse if everybody hits the panic button.'
He doesn't expect banks to raise interest rates, as they'd not reduced these after the policy rate cuts in May and March.
The actor, presently serving a three and half year-old sentence in a Pune jail, turns 54 today.
Spokesperson said the hackers wanted to monitor the daily's coverage of China.
Two women survivors of the 1984 Bhopal gas tragedy will go on an indefinite hunger strike here from May 1 to press Dow Chemicals, the present owner of Union Carbide, to own up responsibility for the tragedy and assume the liabilities.
The broader NSE Nifty closed below the 10,200-mark by slumping 99.85 points, or 0.98 per cent at 10,124.905.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
Low volatility, in general, means low risk, which highlights another anomaly -- when any asset gets into uncharted territory, risk, almost by definition, should be high.
Investors might soon get to bet on various versions of the Bombay Stock Exchange's (BSE) benchmark index, the Sensex, and its other key gauges soon.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
Kumar Sangakkara scored his 31st Test century to equal the Sri Lanka record held by Mahela Jayawardene, as the hosts put up 361 for three on the first day of the first Test against Bangladesh on Friday.
Inflation is expected to remain low in the near term, in part because of the further declines in energy prices.
A livid Michael Clarke has lashed out at his team-mates for the manner in which they lost the first two Tests against India, saying 'we have let each other down'.
A dangerous flashpoint in United States-India relations faces visiting US Secretary of Defence, Leon Panetta, who faces tough questions from Indian officials on Tuesday, writes Ajai Shukla
Sensex's 3 per cent average performance over the last 5 years can be considered as sleeping.
Futures for the S&P 500 were down 1.4 per cent, Dow Jones futures were 1.3 per cent lower and Nasdaq 100 futures were down 1.4 per cent at 0939 GMT.
BHEL was the top Sensex loser, down over 4%.
Virat Kohli and Jonathan Trott were involved in a verbal duel during the fourth day of the final Test between India and England in Nagpur on Sunday.
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
Losses and lack of bank funds no reason to shut company, says minister