TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
Benchmark indices gain 30% this year, buoyed by global liquidity, new government
S.Kumars chief Nitin Kasliwal is charged with non-performance by company shareholders in the recently help AGM of the company.
High-end brand experiments with EMIs via credit cards to push market share.
HDFC charges 9.85 per cent for women and 9.9 per cent for others.
Importantly, is there hope going forward?
The analyst said since servicing of principal and interest on loans will beome challenging for mall operatos in the next couple of months.
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
Mutual funds have ratcheted up Rs 53,700 crore (Rs 537 billion) through new fund offers (NFOs) in 2022 until November, against Rs 1 trillion in Calendar 2021, notwithstanding the number of launches this year eclipsing the 2021 tally. Industry insiders cite the absence of launches in popular categories as the reason behind lower collections this year. Typically, only NFOs in popular categories from major fund houses rake in the moolah.
Markets shrugged off RBI's neutral stance on key policy rates.
It has registered 2,000-plus money laundering cases and about 12,000 forex violation ones in the 14 years since it was established. Yet, its probes have resulted in no more than 13 convictions from nine cases of money laundering since 2005.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
The total value of India's top 100 brands has increased by 2 per cent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of national lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group.
Unified Payments Interface launched to simplify mobile banking.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
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.
When it comes to key hands-on management positions, India Inc is still largely run by men.
They are worried at more than one forecast of a possibly weak monsoon, reports Dilip Kumar Jha.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
Financial shares were the top losers.
According to a source, banks have decided to infuse funds after Purnendu Chatterjee, chairman of The Chatterjee Group, agreed to invest Rs 100 crore (Rs 1 billion) as margin amount into the ailing plant.
Gains were led by index heavyweights Reliance Industries and Infosys.
Focus on large-caps and ensure that the portfolio is balanced.
Make sure you read the policy wording. Some policies cover pre-existing diseases while others don't. Many need a minimum 24-hour hospitalisation, advises Bindisha Sarang.
At least five companies looking to raise a cumulative Rs 6,595 crore could launch their initial public offerings (IPOs) next month after a busy August that saw eight IPOs. On Thursday, south-based diagnostic chain Vijaya Diagnostics announced its plans for a Rs 1,895-crore IPO. Ami Organics will announce its plans for a Rs 600-crore issue on Friday.
Pharma shares extended losses after the government's ban on combination drugs.
Market cap of government companies has remained unchanged in the past 8 years.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
Fund transfer through Facebook is meant for tech-savvy customers.
Investors must be cautious and follow a prudent diversification strategy to mitigate against any risks in case of any unforeseen events.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
During her tenure, Facebook's users in the country have grown from 8 million to 138 million, making India its second largest market after the US