Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'
.jpg)
Markets ended lower on profit taking ahead of June F&O expiry.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.
The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
The rupee had edged higher by four paise to end at 61.51 against the American currency in yesterday's trade on fresh selling of dollars by banks and exporters.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
Geo-political concerns over death of a Saudi journalist, Brexit and likely breach in Italy's budget also kept investors cautious.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Markets ended at record closing highs for the second day in a row on institutional buying.
How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Sensex sinks into red at close on growth concerns.
The Survey shows fiscal consolidation despite slowdown in growth.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
BSE Bankex and Telecom indices led the fall.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Despite a strong start to trade today, key benchmark indices retreated sharply from their higher levels following bouts of profit-taking amid fresh weakness in the rupee against the dollar.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
'The market position from here on is expected to go up'.
Summary of sports events and persons who made news on Saturday
'Comparing a men-only pilgrimage with past blots like sati or untouchability is propelled by politics, mischief and malevolence,' argues Sudhir Bisht.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Investors booked profits at higher levels with oil shares leading the decline
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
