Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
Since its launch in April, helpline 155260 has been able to prevent more than Rs 18.5 million of defrauded money from reaching the hands of fraudsters.
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
RIL was among the top gainers in the Sensex pack, jumping over 3 per cent to hit its record closing high. Tech Mahindra, HCL Tech, Bharti Airtel, Infosys, HUL and ITC were also among the prominent gainers.
Banks have not cut rates yet as March is typically a busy season.
The rupee appreciated by 0.27 per cent in June against the dollar.
Thirteen companies have joined the Rs 1-trillion-plus market capitalisation club this year, so far. This even as the benchmark Sensex has gained less than 3 per cent on a year-to-date basis, underscoring the bullish undercurrent in the broader market. The trend shows a harsh second wave of Covid-19, subsequent lockdowns, and hit to the economic activity has made little dent into India Inc or shareholders' wealth. At the start of the year, there were 29 companies with a market value of more than Rs 1 trillion.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
Most Asian markets were trading weak on Monday.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Auto firms are likely to perform better in coming months.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
TCS, Eicher Motors and Kotak Mahindra Bank have turned out be the fastest and most consistent wealth creators.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
When, recently, Bharti Airtel announced a Rs 21,000 crore rights issue, analysts pointed out that its structure was similar to that of Reliance's issue in June 2020. One similarity is that shareholders in both companies have to pay only 25 per cent of the money on application. The rest is to be paid in two tranches. In Bharti Airtel's case, it is within 36 months; in Reliance Jio's, it is within 17 months.
Firms have to adhere to strict compliance requirements mandated by global parents
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
HDFC Bank has ensured that no bank will be able to match them in the near future without bleeding on margins.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Infrastructure stocks are once again gaining traction.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra answers reader queries on the stock market.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The government's projections for 2019-2020 will be disappointing big time.'
Between Kotak, Shapoorji and HDFC, fund managers have raised $700 million from investors
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
RIL estimates output from KG-D6 could reach up to 60 mscmd in the next five years, when all satellite fields are brought into production.
Balgopal Athavale was startled that the day after his new business was registered, he was flooded with offers from various service providers. 'How did they know what only my wife and I knew?' he asks.
T'I am not going to buy small- or mid-cap stocks at very high valuations if it doesn't make sense for the investors.'
May touch 64/$ due to foreign flows slowing down
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