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The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
Modest growth projections hits IT sector.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
Tatas' brand value grows 12% in the past year, far ahead of Reliance and Airtel.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
IT sector replaces auto sector after a 6-month gap.
There, however, has been an improvement in operating margins.
The recovery was led by information technology exporters.
Large and small businesses alike have delivered low-key performances.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
The Nifty is up 6.5% in the last 12 months. The NSE IT Index is down 10% in the same period. But will the sentiment improve going ahead?
Four of the founders of Infosys are seeking to raise about $1.1 billion by selling stakes in the company.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
managers said the weaker rupee, which has driven up shares of technology companies, has helped the fund fetch better returns.
HDFC and HUL are the latest entrants in the club
Banking and telecom will see the highest impact of this transition.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
A 150 basis points fall in realisations too weighed on the top-line.
Good investors learn how to think beyond the obvious and to make deeper, less obvious judgments.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
Shares in Infosys Ltd rose as much 6.7 percent on Friday, after the company raised the lower-end of its fiscal 2014 dollar revenue growth guidance.
Axis Bank, HCL Technologies, Maruti Suzuki, NBCC and Union Bank are their top five stock picks.
The rise in India Inc's market value was led by asset-light firms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With the advent of new banks, IT firms will get boostto their businesses.
Monsoon is expected to be normal in June.
Sensex closed over 118 points down on Thursday.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
It is not that platforms and products are something that Infosys has not tried earlier.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
Most Asian markets ended with gains.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
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