The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
Market sentiment around the stock has continued to be positive on the back of improving outlook for the US economy and anticipated weakness in the rupee.
While an uptick in economic activity will help banks come out of some of their problems, some issues currently facing the Indian banking industry are of its own doing says Pramit Jhaveri.
On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
After being cornered by Patanjali and macro-headwinds, ayurveda major Dabur is pulling up its socks. With better sales and improved margins, the firm is now looking to leverage the renewed popularity of ayurveda, mostly ignited by rival Patanjali. Sunil Duggal, bottom, left, chief executive officer, Dabur India, shares his plans and insights with Arnab Dutta.
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
RBI's steps will prevent rupee from slipping, even if OMCs meet entire $ demand from market
The bad loans of public sector banks were at 4.4 per cent in March 2014 compared with 2.09 per cent in 2008-09, it said, adding, the gross NPA increased by almost four times from March 2010 (Rs 59,972 crore or Rs 599.72 billion) to March 2014 (Rs 2,04,249 crore or Rs 2,042.49 billion).
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
Liquor sales will obviously be hit. So, will real estate prices at what used to be prime locations, close to major thoroughfares. Food and snack sales close to highways will also, in all probability, be affected.
Be willing to learn from mistakes.
While larger companies like Nestle India, Britannia and the like are often mentioned, some mid-cap companies are also expected to grow at a rapid clip.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
There is a lot of optimism across all markets and a large part of it is justified, says Samir Arora of Helios Capital Management.
Markets ended in red, index heavyweights drag.
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
Large-cap scrips are still trading at a discount to mid-caps.
One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.
Investors remain cautious ahead of F&O expiry.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
The 55-year-old executive takes over on August 1.
Raghuram Rajan called for purposeful and effective action to counter the atmosphere of cynicism, which has slowed down the decision making process.
Over the past week, the Sensex and the Nifty continued the bull-run
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Jain, who, landed the top spot at Deutsche in 2012, had to resign following criticism from investors
Ashish Chauhan is generous in his praise for his former bosses and doesn't flinch in pointing out the reasons why the BSE lost out in the initial years of the NSE.
Finance firms in these SEZs likely to get tax breaks.
A source said Sebi planned to tag brokers based on their performance on areas such as compliance, investor protection and arbitration.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
The market believes there will soon be another offer to buy the bonds.
There are some advantages of a falling rupee.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Event-based volatility could rise in the near future, increasing arbitrage opportunities.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
Most investors find it very hard to understand when markets have over-extended themselves and look for data points to understand when a correction is due.