Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
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All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
Gold is currently trading at Rs 25,200 for 10 grams.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
If you are not happy with the price offered at buybacks, you could be in for a long haul.
India Inc did not perform well during December quarter.
Large-cap scrips are still trading at a discount to mid-caps.
And why markets could give up 25 per cent of all these gains made since March 2020
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.