SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI Bank, Maruti and HCL Tech were among the laggards.
Annual premiums do not exceed what you readily shell out for an OTT subscription.
Earlier this month, market regulator Sebi had given go- ahead to the disinvestment department's proposal to give preference in share allotment to those PSUs located in states in which Neyveli's generating units were located.
India's foreign exchange reserves surged $5.04 billion in the week ending March 28, its biggest weekly rise in four months, as the central bank started to buy dollars regularly in an effort to build up its defences against any potential global turmoil.
Analysts cut upstream firms' FY15 earnings estimates, while raising those for GAIL and Gujarat Gas.
A Reuters poll had forecast retail inflation would slow to 8.35 percent from an annual 8.79 percent in January.
With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers, reports Romita Majumdar.
Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.
April policy could be all about RBI communication.
Experts say the stock market correction in recent times increases the risk-reward in favour of large-cap stocks.
Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.
IndiGo's share sale will raise the company's retained earnings to Rs 2,680 crore.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by HDFC Bank, Infosys, NTPC, Nestle India, TCS and HUL. NSE Nifty surged 337.80 points to 14,845.10.
Sources said many individual investors were interested in applying for the NFO, due to additional benefits being offered such as upfront discounts and loyalty bonuses.
India's economic growth accelerates to 7.4% in Sept quarter
Domestic mutual funds (MFs) and foreign portfolio investors (FPIs) have been net buyers of stocks in August. Domestic fund houses have continued to invest in stocks, propelled by the success of various new fund offers (NFOs) and strong flows into equity funds. MFs had purchased stocks worth more than Rs 8,300 crore until August 23, according to the data provided on the Securities and Exchange Board of India (Sebi) website. Jimmy Patel, MD and CEO at Quantum AMC, says: "The surge in equity investments by MFs is because of two key reasons. One, equity NFOs are getting a strong response from investors, and fund houses need to deploy that money in the markets.
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
Jet fuel prices are about 33% lower than the same period a year ago.
Three stockmarket experts give their best picks for the New Year.
One of the reasons why conviction rates in India are poor is that "adventurism and megalomania overtakes our investigators and professionalism takes a back seat," Jaitley said on Twitter.
'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.'
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
The first phase will end in 2018 and have the world's largest terminal under one roofThe first phase will end in 2018 and have the world's largest terminal under one roof
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Of the total scrips traded, 1,998 advanced, 631 declined and 184 remained unchanged.
IIM Lucknow has concluded its 2020-21 final placements.
LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.
While capital appreciation is better, paying regular dividend indicates that the company is making profits and is rewarding investors.
Reliance Industries Ltd (RIL) was the star performer in Friday's session, spurting over 6 per cent to its all-time high, Other Sensex gainers included Bajaj Finance, PowerGrid, ICICI Bank, Maruti, Axis Bank and SBI. On the other hand, IndusInd Bank, HCL Tech, ITC, M&M HDFC and Infosys shed up to 2.94 per cent.
India showed revival signs in the March quarter.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
The new bond was changing hands at 7.72 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Budget this year has allowed PSBs to bring down govt stake to 51%
Bank of Baroda has relatively better position on impaired assets.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
Indian companies are now more confident about the execution skills of local banks.
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