The company plans to raise Rs 750 crore; other realtors may follow.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Companies from the capital goods space will under-perform.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
23 Nifty companies reported an annual decline in net profit.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
'Indians are great savers, but they are lousy investors.'
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
Single window clearances for realty must.
If new goals have emerged, this is the time to make fresh investments.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
'There is no change in the overall story of economic recovery.'
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
Revenue from its IT services business rose 9 percent to $1.86 billion.
Budget in the medium term aims to kick-start the investment cycle.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
A glance back at some important events that occurred in 2018.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
The fund industry may have embraced machines and robots, but managing money still needs the human touch
.jpg)
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
The industry's reactions to the Budget have been mixed.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances