Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
"The shift is gradually happening more on account of favourable risk-reward for stocks in these sectors and the shift would be more pronounced as investors roll over their targets to 2017," the head of research at a foreign brokerage said.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
The government on Friday issued fresh show cause notices to prior allottees of coal blocks like JSPL, JSW and Tata Steel, asking reasons behind delays in mines development and warned of deduction in their bank guarantees if they failed to furnish replies.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Broader market outperformed the frontline indices and also hit their respective all-time highs
The ISL 2017 witnessed a spike of over 103 per cent in domestic players' salary as compared to the inaugural year, as the 10 clubs together spent Rs 48.85 crore on Sunday to secure signatures of 156 players in the player draft in Mumbai.
Rajan has a great track record abroad.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
The confidence motion moved by Kumaraswamy was defeated with 99 members voting for the motion and 105 against it in a House of 225 including speaker P R Ramesh Kumar and a nominated member.
News of all that's transpired on and off the football field
Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
The S&P BSE Sensex plunged 128 points to end at 25,102.
Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.
Govt to issue ownership rights of 15 coal mines on Mar 23.
Out of 30 Sensex shares, 19 ended lower while 11 gained
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
The Board of Control for Cricket in India on Wednesday indicated it will appeal against former Chief Justice of India R C Lahoti's report that went in favour of Kochi Tuskers, the erstwhile Indian Premier League franchise whose contract was terminated by the Board in 2011 because of an alleged breach of contract.
The hike in clean energy cess is likely to impact input cost for thermal power producers
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
By 2020, we should have some 10 listed sports companies, with one or two big enough to be on the Sensex
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Stocks and sectors impacted most by GST.
Promoters of 517 companies have pledged nearly 46.35 per cent of their shares, the highest since the 2008 global financial crisis.
Submits revised proposal to CCI as Birla Corp deal fails
The broader markets are, however, outperforming the larger peer.
Housing sector to benefit from Budget.
The average rating was seven out of 10.
Clean energy cess to hike cost for power sector.
'Justice is done, I stand vindicated...' Yeddyurappa tweeted.
Around 300 promoters serve their company boards for free.
Most Asian stock markets steadied on Wednesday.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.