Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Index heavyweights continue to be top losers with ICICI bank.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
Airline mum on offer plans, sources say it will be looking to raise around Rs 1,000-1,200 crore
Raamdeo Agrawal, joint managing director at Motilal Oswal Financial Services, tells Sheetal Agarwal key trends in this earnings season and investment themes in Indian markets.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
IndiGo's co-founder and interim CEO Rahul Bhatia said profitability was significantly impacted by costs pressure from the increases in fuel price and the depreciation of rupee as well as competitive fare environment.
Some of Modi's biggest reforms have met with fierce political opposition.
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
About Rs 12,000 crore are stuck in India's first hotel district, Delhi's Aerocity, because of red tape.
Oil & gas, banking and pharma sector stocks stole the show
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The market breadth, indicating the overall health of the market, was positive
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
IndiGo has previously placed orders for 100 A320s and 180 A320neo planes.
'The airline business is very dynamic. If you are unable to keep up and lead, you end up last.' 'This is what has happened to Jet.'
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Analysts have questioned the Aditya Ghosh-led company's negative net worth due to a huge dividend payout ahead of an IPO.
The breadth, indicating the overall health of the market, turned negative from positive
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The airline is gearing up to come out with an initial public offer.
The lower quarterly profit was mainly due to rise in fuel costs, foreign exchange loss and lower yield
IIP for November 2015 and CPI for December 2015 will be announced today.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Financial planners also believe that retail investors should avoid the IPOs or direct stock route because it is too risky for them.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Markets ended weak tracking the expiry of April derivative contracts.
With oil prices in a free fall, the airline is looking at regaining some of its lost share.
The government must not enter into what will be a little more than a large-scale transfer of taxpayers' money to the operators of private hospitals.
Sensex,Nifty to remain under pressure through the week.
Analysts question negative net worth because of dividend payout ahead of IPO.
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