Investment experts said the key to generating superior returns was "asset allocation" and taking money out of the table from themes that have performed well and into themes that are available at a discount.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
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Bankers remained ambivalent on the impact of Tuesday's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
New borrowers should go for banks over housing finance companies as the new benchmark -- MCLR -- is more transparent.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
India has 20,000 tonnes of idle gold; gold is an important aspect of women empowerment: PM.
Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.
Starting April 1, a non-executive director of 75 years or more can be appointed or re-appointed only by way of a special resolution, which requires 75 per cent 'for' votes.
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
The 3 arrested were in continuous touch through WhatsApp with Maulana Mufti Ashghar, based in Muzaffarabad, whose nephew Waqas (JeM commander in South Kashmir) was killed in an encounter near Pulwama recently.
Polling for the 288-seat Assembly is being held in a single-phase on Wednesday.
Under the scheme, which seeks to open 75 million accounts by January 26, 2015, an accident insurance cover of Rs 100,000 is provided with every RuPay debit card offered by the National Payments Corporation of India.
Bupa and Axa have already declared their intention to raise stakes.
'Children should include their parents in the group health insurance cover provided by the employer at the earliest.' 'However, the elderly should not depend on it alone and should also buy a personal health cover,' suggests Sanjay Kumar Singh.
A glance back at some of the important ups and down Indian Inc faced in 2018.
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai
The derivatives expiry on Thursday is also expected to add to the volatility.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
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