The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
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.
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
Experts say investors need not tinker with their debt portfolio as shifting won't be tax-efficient.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.
After a sharp sell-off in the past two months, overseas investors were once again seen turning bullish on Indian equities. FIIs bought shares worth Rs 63.5 billion in the past five sessions, their highest weekly investment tally in many months.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
The benchmark indices have rallied 28 per cent this year, while the broader market has outperformed
Markets under pressure; IT financials grab spotlight.
Official GDP data for the second quarter of the current fiscal year ending March are due to for release this Friday.
Previous peak in 2010 crossed in first five-and-a-half months this year.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
It goes without saying that the best performers are in the private sector, says TN Ninan.
There was broad-based rally with participation across sectors creating enormous wealth for investors but starting 2018, the rally got concentrated into select large-cap companies with under performance in broader markets.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
In the past two years, investors in gold have lost money.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
There will be higher charges for bank account-holders.
The short answer, as usual, is I don't know. But this is what could happen in the next one year...
The bigger worry is that its effects could linger well into the next financial year.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Big Mumbai developers' inventory at Rs 53.4 crore.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Banks stocks continued to trade weak along with FMCG major ITC.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
'There is no change in the overall story of economic recovery.'
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