While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
On the Sensex chart, Bajaj Finance, Bajaj Finserv, HCL Tech, Tech Mahindra, Infosys, HDFC Bank and ICICI Bank were among the prominent gainers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Larsen & Toubro has just announced a tie up with Sweden-based Scania to distribute its multi-axle trucks.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Sensex surged 486 points or 1.9%.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India on Wednesday launched a determined bid to diversify its export basket to China by roping in major corporates, including L&T, Ranbaxy, TCS and NIIT, to showcase their technological prowess in the world's most dynamic market.
The Sensex opened with a positive gap of 145 points at 15,840. It finally closed with a gain of 113 points (0.72%) at 15808. BHEL moved up 3.7% to Rs 1,830. L&T added 3.6% at Rs 2,774. Reliance Energy gained 2% at Rs 1,281.Reliance advanced over 3% to Rs 2,550. Satyam, SBI, Hindalco, M&M and RCom also finished with gains. Ambuja Cements, Infosys, ICICI Bank, HUL and ITC declined. Reliance was the most active counter with a turnover of Rs 361 cr followed by Reliance Petroleum.
Sensex firm on favourable GDP numbers for FY16.
The Zee saga will see a long-drawn-out court battle before shareholders get any chance to vote on any proposal by the management or Invesco, says Prosenjit Datta.
After the hit of the pandemic, India Inc is now worried about the adverse impact of inflation and higher commodity prices on their revenues and margins. The inflation scare is the strongest among manufacturers of consumer goods such as automobiles, consumer durables, and fast-moving capital goods (FMCG). Companies across sectors fear they will not be able to pass on the hike in input costs to their consumers due to weak demand, which, in turn, would lead to a hit on margins and profitability in the forthcoming quarters.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
I would advise at least a 7 year investment time frame for Equity Investing
Sebi's move to curb volatility didn't work for the market as rules were applicable for both long and short positions which makes difficult new long positions while short positions caused more price damage due to lack of liquidity.
Broader market outperformed the frontline indices and also hit their respective all-time highs
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Indian Railway Catering and Tourism Corporation (IRCTC), the Indian Railways' wholly-owned listed subsidiary, is eyeing partnerships to offset recurring costs incurred in train operations, which is part of its two-year-old diversification from core catering and ticketing businesses. To this end, it is courting public sector undertakings such as Bharat Heavy Electricals (BHEL) and others to create a special purpose vehicle for the routes for which IRCTC has bid. The Railway ministry opened bids for public private partnerships in passenger train operations in July 2021 and received bids to operate 29 pairs of trains with around 40 modern rakes that would entail an investment of Rs 7,200 crore.
The Sensex ended lower on unfavourable cues.
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
Investors booked profits at higher levels with oil shares leading the decline
The bulk of the erosion in terms of value took place in India's most-valued firms. For instance, Mukesh Ambani-led Reliance Industries alone has lost Rs 3.8 trillion in m-cap, followed by HDFC Bank, which has seen its value erode by Rs 2.45 trillion and Tata Consultancy Services (TCS), which has lost Rs 1.85 trillion to stand at Rs 6.24 trillion, making it India's most-valued.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
The broader NSE Nifty, on the other hand, ended 2.70 points, or 0.02 per cent, lower at 11,555.90 in its third straight day of losses.
The return of private investment now struggles with lack of funds and election-driven uncertainty.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
This would be fourth straight quarter decline in sales.
Private lenders were among the top losers along with RIL.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances