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.
India showed revival signs in the March quarter.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The new bond was changing hands at 7.72 per cent.
While capital appreciation is better, paying regular dividend indicates that the company is making profits and is rewarding investors.
Ajit Mishra answers reader queries on the stock market.
Budget this year has allowed PSBs to bring down govt stake to 51%
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.
Bank of Baroda has relatively better position on impaired assets.
Indian companies are now more confident about the execution skills of local banks.
This will trigger an open offer under SEBI norms and TCIL will seek to buy up to 26 per cent in Sterling for Rs 230 crore.
Government has forecast annual economic growth to rise to 7.4%.
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
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.
Continued outflows amid moderation of domestic investments are a concern
Of the total scrips traded, 1,998 advanced, 631 declined and 184 remained unchanged.
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
Three stockmarket experts give their best picks for the New Year.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
There will be tripartite pact with member, bank/housing agency and EPFO.
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.
RIL might see its September quarter's profit between Rs 5,600 crore and Rs 5,670 crore.
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.
Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.
Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The RBI has targeted 6 per cent inflation by January and 4 per cent by March 2018.
Rates on tax-free bonds are linked to government securities.
IIM Lucknow has concluded its 2020-21 final placements.
January inflation may undershoot RBI's 6% target.
ITC was the top laggard in the Sensex pack, tanking 6.97 per cent, followed by L&T, HDFC, SBI, ONGC, ICICI Bank and IndusInd Bank.
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
It was a case of 'buy on hopes and sell on news' as the Indian market posted only modest gains despite a landslide victory to Narendra Modi-led Bharatiya Janata Party (BJP).
It's good for diversifying portfolio and saving for long-term goals
'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.'
WhatsApp on Wednesday said it expects to facilitate the purchase of "affordable sachet-sized" health insurance through its platform by the end of the year as part of its efforts to provide users in India with greater access to financial solutions. The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.
In the past one week alone, Rajasthan, Madhya Pradesh, Chhattisgarh, and Andhra Pradesh have issued orders to take over private hospitals in some districts. Sohini Das, Vinay Umarji and Gireesh Babu report.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.