The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
But trading through the route still a minuscule portion of total turnover
While Geojit Financial Services and Kotak Securities are already managing large NRI portfolios in West Asian countries, Sharekhan, yet another local brokerage outfit, recently launched a broking platform called India First in Bangkok for NRI clients.
Lenders can now initiate recovery proceedings since the SC has lifted the standstill on asset classification, which protected stressed accounts from slipping into NPAs.
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
Technical analyst will not be able to give contrary recommendations regarding a company
Linking all accounts is a difficult and costly task for brokers
Forex traders said a stronger dollar also dragged the rupee down.
Can the poll outcome be a trigger for a meaningful correction?
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
After a sharp sell-off in the past two months, overseas investors were once again seen turning bullish on Indian equities. FIIs bought shares worth Rs 63.5 billion in the past five sessions, their highest weekly investment tally in many months.
TCS is the country's most valued firm with a market capitalisation of Rs 687,123.96 crore
The Street was following the Karnataka election closely as a test for the Modi-led BJP's prospects in the 2019 Lok Sabha poll. Investors, however, are likely to wait for the next round of state elections to judge whether the momentum is still with it.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Life insurers are launching these again. Invest if you are conservative.
Progress of monsoon, investment trend by foreign investors and the movement of rupee against the dollar will also influence sentiment
While capital appreciation is better, paying regular dividend indicates that the company is making profits and is rewarding investors.
While Reliance put up a good show, NTPC nosedived on the BSE on Monday.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
Volatility is part and parcel of stock market.
'Gold could return 10% to 12% in the next two-three years.'
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
The winter session of Parliament will commence on November 26.
Gold prices are already moving fast to the key level of Rs 30,000 per 10 gms
Raghuram Rajan's decision to go back to academics might spell short term negativity for the stock, currency and bond markets.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Analysts mostly prefer domestic plays beside select films with foreign exposure.
