From smart cities to gold, the fallout of the Chinese meltdown will have far-reaching consequences
The Street was hoping that investors will lap up shares of high-dividend companies on optimism that their payouts will increase further, thanks to the 20 per cent tax saving. However, the trade failed to materialise as wealthy investors stayed away fearing high tax outgo, and experts raised doubts on whether companies would actually increase cash dole outs.
ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
Participants are eyeing the Bihar elections.
DoT plans to initiate move that might lower the revenues telcos share with government.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
The output has seen a decline due to the ban in Karnataka and Goa.
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
The first six months of the financial year (Siemens follows an Oct-Sept calender) has not been encouraging.
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
Valuations are much higher than the consensus earnings expectations warrant and also much too high in historical terms, says Devangshu Datta.
The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.
In 2015, foreign investors slowed net buying of Indian equities.
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
Just three years ago, at the end of March 2011, NRI deposits were only $52 billion, half of what they are today.
Index heavyweights ITC was the top gainer along with RIL and HDFC
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Inflows cross $10-billion mark for 3rd consecutive year.
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
Sensex has shed over 150 points in afternoon trade.
The S&P BSE Sensex has gained 149 points to open at 25,802.
'Instead of wailing about the absence of tax benefits, the private sector should press for an early implementation of the package of measures,' advises A K Bhattacharya.
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
Mark Mobius, co-founder, Mobius Capital Partners, tells Puneet Wadhwa that investors should concentrate more on "value" rather than momentum, and on good small- and medium-sized companies rather than large-caps.
In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.
Financial shares were among the top gainers with HDFC leading the gains.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
It was a year of big gains for equity investors.
On the sectoral map, consumer durables stayed in the lead by surging 2.39 per cent, followed by realty index, oil and gas and infra.
A look at few gurus who have attracted controversy in recent times.
Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.
The new foreign trade policy is considered to be less effective.
The government is keeping its options open.
"Peace and harmony is the only way forward to ensure a prosperous future," Dr Singh said.
US Fed rate rise raises risk of further drying up of FII flows.
The Street is never short of hope and events to look forward to
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
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