After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.
Stock to watch: Shipping Corporation and Great Eastern Shipping
Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.
HCL Tech and ONGC were the top gainers in the Sensex, rising up to 3.40 per cent.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
The broader NSE Nifty too dived by 131.70 points, or 1.24 per cent, to close at 10,453.05.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
Higher crude oil prices also translate into better corporate earnings for India's top companies
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
With 202,014 students, India sends the second largest number of foreign students to the United States, a report said.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Markets extended losses after the first hour of trade with HDFC Group shares leading the decline.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Bubbles can inflate indefinitely and also burst, with deep corrections, warns Devangshu Datta.
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
All sectors are expected to deliver positive growth, with huge positive growth swings in pharma, telecom, infrastructure, real estate, metals and auto.
Losers include ONGC, Bajaj Finance, Reliance, SBI, Hero MotoCorp, ICICI Bank, L&T, Vedanta, Yes Bank and Axis Bank, falling up to 2.54 per cent. On the other hand, Tata Steel, PowerGrid, HCL Tech, Kotak Bank and Maruti were the top gainers on Sensex, rising up to 2.31 per cent.
Top losers in the Sensex pack included Yes Bank, Vedanta, IndusInd Bank, Tata Steel, L&T, SBI, NTPC, Kotak Bank, HDFC, HDFC Bank, PowerGrid, Infosys and ITC, falling up to 4.18 per cent.
'There is lack of demand because people have no jobs, and no income.' 'Lakhs of people have lost their jobs and they have no income which has led to no demand in the market.'
Indian indices fell more than those of most other emerging markets.
Easygoing and affable, he was the quintessential relationships man.
At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
The 30-share BSE index reclaimed the 30,000-mark to trade at a new record high of 30,071.61 by surging 128.37 points, or 0.42 per cent. This surpassed the previous record high of 30,024.74 (intra-day) that the Sensex touched on March 4, 2015.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
Investors booked profits in recent gainers
RBI governor Raghuram Rajan, on Monday, said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits"
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Half of the sharp rise in stocks in 2014 was driven by re-ratings - rise in price-to-earning ratios on hopes the new government would turn around the economy which will reflect in corporate earnings.
Sensex zooms 200 points in Muhurat trading, Nifty regains 7,800.
RBI might not cut rate on June 2 but will surely cut soon.
Lower crude prices mean less government outlay for India,
ICICI Bank was the top loser along with index heavyweights RIL, ITC and HDFC.
A look at few gurus who have attracted controversy in recent times.
For two decades after his release in exchange for passengers of a hijacked Indian Airlines plane in 1999, Azhar has since been the darling of Pakistan's external snooping agency Inter-Services Intelligence.
CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.
Nandigram today is a conglomeration of model villages fenced by its greenery.
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