Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
As much as 9 crore shares will be sold over two days, with institutional investors getting to bid on the first day and retail ones getting a chance on Friday.
MakeMyTrip, RBL Bank, Inox wind and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies.
One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With a robust outlook for mineral-led growth in India, Anil Agarwal-led Vedanta Limited is looking to invest up to $20 billion across its businesses, which includes doubling of silver production and steel capacities. In a virtual press conference had last month, Agarwal said the company planned a capex of $5 billion over a period of three years. The company has not given a timeline for $20-billion investment.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
To script India's biggest overseas copper mine buy.
To script India's biggest overseas copper mine buy.
The group also has plans to spend Rs 50,000 crore (Rs 500 billion) on power generation. The London-listed giant will spend Rs 43,000 crore (Rs 430 billion) to enhance its capacity, in addition to its Rs 50,000-crore (Rs 500-billion) plan in power generation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Base metals have recorded a sharp rise in prices as global demand picks up. Rising alongside are the share prices of the leading metal companies in the country like Sterlite, National Aluminium Company and Hindustan Zinc.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure.
According to the Geological Survey of India (GSI) and UP geology and mining directorate reports, gold reserves totalling 2,944 tonnes have been found in the Sona Pahadi and Hardi blocks of the backward Sonbhadra district.
PM's Massive Mission to achieve 'Swachh Bharat' by 2019 is a tribute to Mahatma Gandhi on his 150th birth anniversary.
The broader markets also ended lower in line with the benchmark indices
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
The Rs 3-trillion West Coast or Nanar refinery has all the potential to become India's flagship petrochemicals project, with the planet's largest oil producer Saudi Aramco as its biggest shareholder. Yet the locals don't see the plant as a harbinger of better times.
Sensex seems to be under pressure on weak cues.
'In UP, the CM actually announced that his administration would 'take revenge' against rioters.' 'That must have been music to his police force's ears for it substantiated what the police always do: Take revenge on an entire community for the violence of a few,' points out Jyoti Punwani.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
'It is my duty to give the govt the right price of crude oil.'
Rediff.com reproduces the 1997 feature about Laxman, his passion for crows, and of course, his genius.
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