These are companies with a strong track record and good prospects on earnings.
But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Budget was a mild disappointment. Yet, the bull run continues.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
'Even if such a thing happens, it will not prolong for many days like Doklam did.' 'That is because both the leaders do not want it.'
IT and pharma companies again save the day; mask pain in domestic consumption.
Beijing did not announce expected policy support over the weekend
Almost every country in the world just signed on to the #ParisAgreement on climate change
Chinese leaders may well respond to challenges with heightened rhetoric.
Markets gained for the second straight session to kick-off the September F&O series on a robust note.
The Sensex ended lower on unfavourable cues.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
After reaching a deal with ANZ in a six-year tussle, Pankaj and Radhika Oswal have left Australia and plan to start a new venture in New York
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
For the seven months since February 2014, the benchmark index surged nearly 27%.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
India may be at the fag end of a downcycle that has lasted over 7 years
Clearly, rich Indians have little confidence in India. Perhaps we are also chronically dishonest.
Virgin promoter to protest Adani's mining project in Australia, saying it will damage the Great Barrier Reef
'High denomination cash notes which was 1.4 lakh crores of Rs 500 and Rs 1,000 notes in 2004 became Rs 15.5 lakh crores in 2016.' 'If it had been allowed, by 2022, it would have been Rs 34 lakh crores, and that would have been the end of the Indian economy.' 'Demonetisation was a huge hit on the head of the economy, but without the hit, you could not U-turn the economy.'
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
FM should avoid proposals such as to tax financial transactions and fringe benefits
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
It's difficult to understand if GDP growth has actually improved.
The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
Weakness in Infosys, L&T and Hindalco cap index gains.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
Budget is widely seen as a test of Prime Minister Narendra Modi.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
The world seems to have caught severe pneumonia, or worse, as China had flu.
Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
