The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
A total of 25 companies raised Rs 28,220 crore during the financial year.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
Wondering if you did the right thing with your mutual fund investments?
Indian market has been plagued by negative sentiment and triggers
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Nokia launches Nokia 7 Plus, 8 Sirocco series in India; relaunches Nokia 6 with new features.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Begin with ITC. Larsen & Toubro, yes. ICICI and HDFC, yes again.
PFRDA will invite bids to appoint pension fund managers.
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Move could be aimed at integrating operations with Indian subsidiary.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
Experts hail Budget 2015 as a progressive, growth oriented one.
Not only does yoga help beat stress, it also helps them stay agile physically and mentally, say CEOs.
During the current financial year, 25 companies have raised Rs 28,220 crore through IPOs
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Cairn, which is sitting on a cash pile of about $3 billion, in a statement said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.
The rally in index heavyweight ITC has boosted the sentiment across the board.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Sensex lacklustre, bluechips in focus.
'The IPO window has been more or less open since the new government in 2014.'
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.
Women have been leaving the investment decision to husbands.
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