Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
After the hit of the pandemic, India Inc is now worried about the adverse impact of inflation and higher commodity prices on their revenues and margins. The inflation scare is the strongest among manufacturers of consumer goods such as automobiles, consumer durables, and fast-moving capital goods (FMCG). Companies across sectors fear they will not be able to pass on the hike in input costs to their consumers due to weak demand, which, in turn, would lead to a hit on margins and profitability in the forthcoming quarters.
Premiumisation, improving demand aid realisation growth at most large firms
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The breadth, indicating the overall health of the market, was slightly positive
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
While green shoots are beginning to emerge, with June sales rebounding to pre-Covid levels thanks to a rural revival, most FMCG chief executives have voiced concerns about localised lockdowns that began in July and have extended into August in some states.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Metals bucked the trend and shone across the board.
HLL insiders say Baillie is lucky as HLL, after four years of lacklustre growth, has started showing momentum and energy in its sales performance.
The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
'The media today is completely free from the government-induced fear factor.' 'It is only scared of the public backlash and its TRP ratings,' say Sudhir Bisht.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
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Positive cues from Asian peers also uplifted the sentiment.
Bajaj Auto, said the company might re-enter the scooter market and if and when it does, the iconic Chetak might be revived.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.
Nirma has jumped into the ongoing cricket spectacle - IPL - as the principal sponsor for the Virat Kohli-led Royal Challengers Bangalore to raise awareness and recognition for the cement brands it acquired after its purchase of the erstwhile Lafarge India's assets in 2016
Sensex dull at close, Infosys rules, ITC drags.
The rise in India Inc's market value was led by asset-light firms.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
To stay in the race for the long term, the company has to innovate continuously - something that MNCs and some of the home-grown Indian firms have been doing successfully, says Sangeeta Tanwar.
Sensex rises, Nifty ends at record high; RIL shares rally.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
IT and pharma companies again save the day; mask pain in domestic consumption.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.