Profits of domestic brokerages fell substantially in the quarter ended March 31, thanks to subdued participation of retail investors and continued increase in the share of the low-margin options segment in the overall market volume.
Stock markets, which are facing the heat of political uncertainty over the 2G spectrum scam, have come under pressure as investors are pulling out their money to invest in the primary market.
Sentiments in global markets, movement of rupee against the dollar and crude oil prices will dictate near-term trend
On Friday, shares of Tata Motors rose by 2.68 per cent and Tata Steel went up by 1.85 per cent on the Bombay Stock Exchange.
Following the sharp rally in stocks, investor wealth rose by Rs 1,39,948 crore to Rs 1,10,70,610 crore.
The 30-share index surged 499.79 points or 1.84 per cent to settle at 27,626.69.
From the 30-Sensex pack, 26 stocks ended with gains led by Tata Steel and ICICI Bank
The market capitalisation of BSE-listed companies surged to Rs 98,11,322 crore.
Technical analyst will not be able to give contrary recommendations regarding a company
Shares of power, IT, tech, utilities and capital goods firmed up
The upcoming corporate results season and the approaching Union Budget kept investors on their toes
Investors remained cautious in the face of the expiry of November series contracts in the derivatives segment, which also dampened sentiment.
Progress of monsoon, investment trend by foreign investors and the movement of rupee against the dollar will also influence sentiment
Bank stocks rose sharply by up to 12 per cent after the government's move to withdraw 500 and 1,000 rupee notes from circulation as part of black money crack down
While Reliance put up a good show, NTPC nosedived on the BSE on Monday.
Experts said a future rate cut would depend on the inflation.
But trading through the route still a minuscule portion of total turnover
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
Out of 30 Sensex shares, 19 ended lower while 11 gained
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
The surge in the stock market has failed to stem the trend of small-sized brokers shutting operations.
Rise in investor sentiment, return of risk appetite aid shares across the board
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
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