Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
The corporate sector does not care from where the money is coming.
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Rupee rebounds 26 paise against dollar; snaps 2-day losses
The weakness in the rupee and broader markets has led to evaporation in the market cap.
Pakistan-based terror outfit Jaish-e-Mohammad chief Maulana Masood Azhar and his brother Abdul Rauf Asghar, mastermind of IC-814 hijack case, are among four persons identified by Indian intelligence agencies as 'handlers' behind the recent Pathankot attack.
Govt sees little Fed hike impact on 'fortressed' Indian markets.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
'The Pakistani move to ban militant outfits and placate international opinion and Islamabad's openness to a UN security council resolution on Azhar -- instead of beseeching China to cast yet another veto -- enables Islamabad to occupy the high ground,' notes Ambassador M K Bhadrakumar.
What matters is the culture and the atmosphere of the workplace, and whether employees get treated fairly. 'It is also important for the employee to feel s/he is part of a winning team,' Credit Suisse's Mickey Doshi tells Niraj Bhatt.
The Indian rupee is down nearly 2 per cent against the US dollar since the beginning of January 2019. Experts attribute the Indian rupee's relatively poor performance to a sharper-than-expected fall in economic growth in India.
'Imran Khan would only have spoken with the full awareness of Modi's complex political personality.' 'He has the great advantage of being privy to the confidential exchanges between then Pakistan prime minister Nawaz Sharif and Modi during the latter's celebrated surprise visit to Lahore in December 2015 as well as the 'back channel' conversations between the national security advisors of the two countries,' says Ambassador M K Bhadrakumar.
Exports are slowing and economic growth in major markets for Indian goods has taken a hit.
The Street is never short of hope and events to look forward to
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Surging value of dollar may be posing the biggest threat to US corporate earnings.
The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
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Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.
India maintains that the Kashmir issue is a bilateral one and no third party has any role in it.
'India has ramped up infrastructure on its side, so the Chinese military is finding Indian soldiers in locations where they are not used to seeing an Indian footprint,' points out Harsh V Pant.
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
Continued outflows amid moderation of domestic investments are a concern
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
Rahul feels collective decisions taken with his mother and sister helped the party in the December assembly elections. Hence, he wants to follow the same strategy for the Lok Sabha election, too.
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
The breadth was neutral with 1,329 advances and 1,320 declines.
Chinese alumina refining and metal smelting technologies have emerged as a match for the best anywhere in the world. In fact, Vedanta and Hindalco have bought technologies from China. Our aluminium makers will be haunted by twin fears of rising imports and low metal prices squeezing margins over a long time.
Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
'Trump's anti-trade, anti-immigrant rhetoric reminds me of Chinese history,' says A V Rajawade.
The question is whether the Indian economy has the advantage of other vibrant sectors that can step up their performance on the exports front, says A K Bhattacharya.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
The pre-dawn signals are on the balance negative.
The slain militants are believed to be members of Jamatul Mujahideen Bangladesh.
Many emerging economies have witnessed a flight of foreign portfolio capital and their currencies have slumped against the dollar.
The fact that the US dollar has become the world's preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy.
