More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
NSE Nifty, after shuttling between 10,809.60 and 10,725.90, finished 30.95 points, or 0.29 per cent lower at 10,741.10.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
HDFC Bank was the top loser in the Sensex pack, falling 2.99 per cent, followed by Adani Ports at 2.87 per cent.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
The benchmark Sensex gained 4,642.84 points, or 16.%, while the broader NSE Nifty surged 1,572.85 points, or 18.20% during this period.
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
The FAQ also clarified that companies, including Titan, which supplies watches and jewels through their own websites will not be considered as e-commerce operators
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
Infosys, Wipro and HUL among the top losers for the day.
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
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.
Financial shares were among the top gainers with HDFC leading the gains.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
The S&P BSE Midcap and the S&P BSE Smallcap indices added 0.5% and 0.7%, respectively
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Creating history, leading exchange BSE on Wednesday peaked above Rs 100-trillion mark to scale a new record in terms of market wealth of all listed firms.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
Buying activity was so strong that all the sectoral indices except IT and technology ended in the green, rising by up to 3 per cent
Coal India was the biggest gainer on both Sensex and Nifty
Stock specific action is seen with some of the prominent companies posting their quarterly numbers.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
Of the 30-share Sensex pack, 15 today closed in the red
Investors booked profits in recent gainers
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