IndusInd Bank was the top gainer in the Sensex pack, rallying over 7 per cent, followed by SBI, ICICI Bank, HDFC twins, Axis Bank, Bajaj Finserv and UltraTech Cement. NSE Nifty soared 245.35 points to 14,923.15.
They were speaking at a function to mark the release of 'Defying the Paradigm,' a coffee table book on Srinivasan's 50-year journey with India Cements.
'The markets have corrected almost 8-9 per cent from their highs, so one can accumulate quality stocks at reasonable prices.'
Holcim, the world's second-biggest cement producer, on Tuesday said it would spend almost $600m to expand in India, underlining the determination of leading manufacturers to tap into key growth markets.
A lot of mid and small-caps are in the bubble zone and command high valuation and have corrected sharply.
Top laggards in the Sensex pack included IndusInd Bank, Bajaj Finance, ITC, UltraTech Cement and HDFC Bank, while Sun Pharma, Tech Mahindra, M&M and Asian Paints ended with gains.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
These core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production.
The India growth story is still intact, and fall in the Indian stock markets is an imported one and if the government succeeds in legislating the GST and Land Bill, India could yet emerge as a winner believe stock market experts
Tilak was picked up by Mumbai Indians on the second day of the IPL 2022 mega auction.
A strong investment recovery is essential for India to sustain high GDP growth rates in the medium term
'Kindly advise about the following stocks. Can I hold or exit?'
Spin legend Shane Warne expressed 'surprise' that wicketkeeper-batsman Sanju Samson is not playing all forms of cricket for India.
'Short term volatility is likely due to various factors, global and domestic; investors may use this as an opportunity to increase the allocation to equities.'
"Chennai Super Kings regrets his tweet which was without the knowledge of the Management and in bad taste," it added.
The former India captain was speaking at a felicitation function organised for CSK for winning the 2021 edition of IPL.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
What is driving the digital-first approach of traditional, legacy brands? Apart from the growing adoption of the internet in the country, brands are drawn to the agility of the medium.
Indian-origin technology executives Jayshree Ullal and Neerja Sethi have made it to the Forbes list of America's 60 richest self-made women, with 21-year-old reality TV star and entrepreneur Kylie Jenner the youngest to be featured in the power list.
An influential group of Indian American doctors has campaigned at the Capitol Hill for Dr Vivek Murthy, who has been nominated by President Barack Obama for the post of surgeon general of the United States.
A shocking fact revealed by a pan-India survey that was flagged at a seminar of Dalit intellectuals
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'When Ajitsaab pronounced the word lion in his own, unique way, I retained it.' 'And so, 'lion' became 'loin' and my dialogue attained cult status after the film's release.'
Axis Bank was the top loser in the Sensex pack, shedding over 4 per cent, followed by Asian Paints, SBI, IndusInd Bank, ICICI Bank, Bajaj Finance, HDFC and Reliance. On the other hand, Bajaj Auto, Hindustan Unilever, UltraTech Cement, TCS, Bajaj Finserv and Infosys were the gainers.
'Rohit had so much talent that he would have made it anyhow, under any coach, but I am happy I was able to guide him.'
The number of Indian passengers has jumped more than 20 per cent in the past year
HUL, UltraTech, Asian Paints, L&T, HDFC Bank top global valuation charts
On the Sensex chart, L&T, ONGC, HCL Tech, NTPC, Axis Bank and Infosys were major gainers. NSE Nifty ended with a gain of 18.10 points at 14,956.20.
Mayank made his longest format debut against Australia at Melbourne Cricket Ground on December 26, 2018.
Uncertainty over the possibility of Board of Control for Cricket in India's president-in-exile Narayanaswami Srinivasan making a comeback and the survival of the Chennai Super Kings in the Indian Premier League deepened on Thursday as Supreme Court threw suggestions whether those named in the Mudgal Committee could be kept out of the BCCI elections and whether the CSK franchise could be scrapped.
Radhakishan S Damani, investor and promoter of the D-Mart supermarket chain, has broken into the elite club of the top 100 global billionaires. Damani, who grew up in a single-room apartment in Mumbai, is now ranked 98th on the Bloomberg Billionaires Index with $19.2 billion as his net worth. The index is a daily ranking of the world's richest people. The other Indians on the top 100 rich list ahead of Damani are Mukesh Ambani, Gautam Adani, Azim Premji, Shiv Nadar, and Lakshmi Mittal.
The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.
Former Liverpool striker Robbie Fowler has left his job as manager of East Bengal by mutual consent, the Indian Super League (ISL) club said on Wednesday, with Real Madrid Castilla coach Manuel Diaz set to be his replacement.
A new documentary titled 'Death of a Gentleman' raises fresh doubts about the future of Test cricket and asks if the game is losing its identity in the face of stiff competition from commerce-driven Twenty20.
This is one of the largest monthly increases in the labour force, observes Mahesh Vyas.
When Dhirubhai Ambani entered with his big bang public offer the foundation for the Indian stock market was laid.
'Where was cement 100 years ago?' 'Why do we need harmful building materials when we have so much in nature around us?' Geeli Mitti founder Shagun Singh tells Samali Basu Guha.
'The Fire and Fury Corps is the only formation of the Indian Army and also in the world to have actually deployed mechanised forces in such harsh terrain. The maintenance of the tanks, infantry combat vehicles and heavy guns is a challenge in this terrain. To ensure crew and equipment readiness, adequate arrangements are in place for both man and machine'
Bajaj Finance was the top gainer in the Sensex pack, rising around 11 per cent, followed by Titan, Tata Steel, SBI, M&M, HDFC, IndusInd Bank and Reliance Industries. On the other hand, Sun Pharma, Nestle India and UltraTech Cement were among the laggards.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
