Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'The problem is that the bubble may not only be in valuations, but also in investors' minds.'
ONGC was the top performer while private banking major ICICI Bank extended gains
Market sentiment suffered a jolt after other Asian markets closed with widespread losses and European markets dropped in early trade
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Markets gained for the fifth straight session to end the customary 'Muhurat' trading session held to usher in the new year Samvat 2071 on a firm note post the slew of reforms announced by the government over the past few days.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-per cent stake divestment in state-owned Coal India.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
After a volatile session, Sensex closed the day 563 points lower
Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
The payouts were 22 per cent lower than the previous year's tally of Rs 7,938 crore.
In a soon to be published book, 'Of Counsel: The Challenges of the Modi-Jaitley Economy,' former chief economic advisor Arvind Subramanian says though RBI has a good reputation, it does not mean it's always right, as for years, the RBI was unable to grasp the seriousness of the loan repayment problems or identify the prolonged frauds of Nirav Modi and the likes.
Through the past 12 months, the Bank Nifty has risen 55%
Financials and auto stocks were the top losers while energy and IT shares recovered
Nearly 150 companies visited the campus this year.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Even as new records were set, investor sentiment remains strong going into 2024, given the lower inflation, expectations of steady to lower interest rates, higher economic growth, and strong inflows. However, the overriding concern for most brokerages is valuations.
The bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach
Markets crashed due to domestic worries; bluechip stocks tanked too.
However, RIL has exceeded the mandatory 2% prescribed limit, spending the maximum amount of Rs 761 crore
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The housing finance major issued non-convertible debentures and warrants to raise another Rs 4,000.03 crore.
Most Asian markets ended with gains.
In 7 days, the index has gained 1,359.23 points.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.