Sensex in green in afternoon trade.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
R-Cap's demands following PwC's audit report add a fresh layer of worries for MCX investors and could hit valuations marginally.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
The Survey shows fiscal consolidation despite slowdown in growth.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Analysts expect RBI to restore 100-bp corridor in Tuesday's policy review.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
However, RBI would continue to nudge banks to cut lending rates
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
Sun Pharma stock has appreciated at 35% a year for 20 years
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Experts hail 2014 as the worst year for banks.
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Adani Ports, BHEL, Tata Motors, ONGC, Mahindra & Mahindra and Tata Steel were the top losers.
Weakness in Infosys, L&T and Hindalco cap index gains.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc, including Ratan Tata, Azim Premji, Gautam Adani, Ajay Piramal, Anand Mahindra and Sunil Bharti Mittal seeking their support in its campaign to boycott Chinese goods. The Confederation of All India Traders (CAIT) also urged Kumar Mangalam Birla, Vikram Kirloskar, Rahul Bajaj, Shiv Nadar, Pallonji Mistry, Uday Kotak, Nusli Wadia, Shashi Ruia, Madhukar Parekh, Harsh Mariwala, Satish Reddy and Pankaj Patel, among other prominent industrialists, to join its 'Bhartiya Samaan-Humaara Abhimaan' campaign.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nifty snaps 10-day winning streak
BSE-200 companies's list shows that 96 companies had woman directors.
RBI is expected to discuss about the impact of GST in its monetary policy.
Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
