'We have seen a host of businesses across sectors generate economic value and wealth for investors.'
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
Markets ended at record closing highs for the second day in a row on institutional buying.
Analysts attribute this outperformance to the government's proactive economic reform measures
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
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Relations with the government, the bank's majority owner, are a tricky issue for all SBI chiefs, and, like all his predecessors, Khara will be closely watched for his equations with the finance ministry representative on the SBI board.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav on Thursday declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of bank deposits and Provident Funds.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
According to Rahul Rege, business head (retail) at Emkay Global Financial Services, it is difficult to track more than 10 stocks.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on a weekly basis.
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
The majority in the markets believe that a September lift-off is likely.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Rates on tax-free bonds are linked to government securities.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
There are few strategies to invest safely in a volatile market.
If you are one of those who is now staring at your credit card bill and wondering how to go about it, here is the way out.
Retail investors may burn their fingers investing in them, especially if the markets correct, experts tell Sanjay Kumar Singh
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Banking is first about trust and integrity and then about technology and the rest.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Additional levy to eat into Rs 6,000-crore income of top promoters
The one common theme across companies that have rewarded shareholders is consumption.
