First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Pharma shares extended losses after the government's ban on combination drugs.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
Experts say the BSE Sensex could rise to around 32,000 in a year.
Earnings spread for foreign investors down to 10-year low of 1.1 per cent, from 2 per cent at the beginning of the year and record high of nearly 5 per cent in 2013
23 Nifty companies reported an annual decline in net profit.
World trade has been growing slower than world GDP since 2012.
Many analysts find market expensive, even at current levels.
Higher crude oil prices also translate into better corporate earnings for India's top companies
In good times, analysts justify valuations giving interesting investment rationale.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
The Indian indices also offer one of the lowest dividend yields.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
IT companies account for a third of the entire dividend pot this year
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
India on track to be third largest consumer economy by 2025.
The analysis is based on the free-float market capitalisation.
There are a few factors that can spoil the party
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
In India, bond yields have fallen nearly 70 basis points in the last one year.
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Stock prices is due to valuation expansion
The calculation excludes cross-holding of listed group cos in each other.
Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
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