Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Investor wealth slumped by Rs 1.55 lakh crore on Thursday today, dragged down by massive selling in the stock markets where nearly seven out of ten shares closed lower.
Pharma shares extended losses after the government's ban on combination drugs.
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
A large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
ITC, Sun Pharma, HDFC and Coal India were among the top gainers.
The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
Government has forecast annual economic growth to rise to 7.4%.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
In 10 sessions Sensex rose over 8%
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
The winter session of Parliament will commence on November 26.
The estimated cost breakdown is one of the most important forms in the construction loan package.
Markets end in red; bluechips struggle to keep pace.
The Prime Minister's Office has suggested that EPFO should deploy 15 per cent of its funds as loan for low cost housing saying it would generate a credit flow of Rs 70,000 crore (Rs 700 billion).
Among other stocks, IT firm Mphasis today reported a 15.30% increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
Begin with ITC. Larsen & Toubro, yes. ICICI and HDFC, yes again.
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Nifty snaps 10-day winning streak
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
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