News for 'L&T Finance'

Covid resurgence makes investors jittery; Sensex tanks 397 pts

Covid resurgence makes investors jittery; Sensex tanks 397 pts

Rediff.com15 Mar 2021

Bajaj Finserv was the top loser in the Sensex pack, shedding around 3 per cent, followed by Bajaj Auto, Bajaj Finance, L&T, Asian Paints, Dr Reddy's, ICICI Bank, HDFC Bank and RIL. NSE Nifty finished 101.45 points down at 14,929.50.

Sensex rebounds 377 pts, Nifty closes above 17,850

Sensex rebounds 377 pts, Nifty closes above 17,850

Rediff.com8 Feb 2023

Benchmark equity indices Sensex and Nifty closed higher by more than half a per cent on Wednesday following buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes. Ending its two-day slide, the 30-share BSE Sensex rebounded by 377.75 points or 0.63 per cent to close at 60,663.79 with 24 of its constituents posting gains. The broader Nifty of the NSE spurted by 150.20 points or 0.85 per cent to settle at 17,871.70, riding on a rally in Adani Enterprises, Adani Ports and HDFC Life.

Sensex rose 456 points to close at 60,571

Sensex rose 456 points to close at 60,571

Rediff.com13 Sep 2022

Benchmark Sensex rallied 455 points and Nifty rose more than 133 points to close above the key 18,000-mark for the first time since April on Tuesday as foreign institutional investors continued to be bullish on the domestic market. Continuing its rally for the fourth straight session, the 30-share Sensex rose 455.95 points or 0.76 per cent to close at 60,571.08 points. The broader Nifty climbed 133.70 points or 0.75 per cent to settle at 18,070.05 points. Previously, the Nifty had closed above the 18,000-mark on April 4 this year.

Sensex rises 322 pts to close above 60,000 mark

Sensex rises 322 pts to close above 60,000 mark

Rediff.com12 Sep 2022

Benchmark BSE Sensex rose by about 322 points to close above the 60,000 level on Monday tracking gains in banking, IT and energy stocks amid positive global equities. The 30-share barometer closed higher by 321.99 pts or 0.54 per cent at a three-week high of 60,115.13, as 21 of the index constituents closed in the green. After a strong opening, the index touched a day's high of 60,284.55 and a low of 59,912.29.

Post-Budget market rally continues; Sensex surges 696 points

Post-Budget market rally continues; Sensex surges 696 points

Rediff.com2 Feb 2022

IndusInd Bank was the top gainer in the Sensex pack, spurting over 5 per cent, followed by Bajaj Finserv, HCL Tech, Bajaj Finance, Kotak Bank and Axis Bank. NSE Nifty jumped 203.15 points to 17,780.00.

Anil Ambani's sinking wealth leaves lenders jittery

Anil Ambani's sinking wealth leaves lenders jittery

Rediff.com21 Feb 2019

While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.

Sensex, Nifty end in red; HCL Tech rallies over 4%

Sensex, Nifty end in red; HCL Tech rallies over 4%

Rediff.com12 Aug 2020

Kotak Bank was the top loser in the Sensex pack, dropping over 2 per cent, followed by Sun Pharma, Bajaj Finserv, L&T, Bajaj Finance, HUL and Titan.

Sensex rises 160 points in choppy trade

Sensex rises 160 points in choppy trade

Rediff.com8 Dec 2022

Benchmark BSE Sensex rose by 160 points on Thursday in choppy trade following gains in select banking and auto counters amid mixed global cues. The 30-share index gained 160 points to settle at 62,570.68 as 13 of its components advanced while 17 declined. The barometer opened lower but later gained momentum to touch a high of 62,633.56 in the day's trade.

MFs witness sizeable churn due to corporate defaults

MFs witness sizeable churn due to corporate defaults

Rediff.com30 Jul 2019

Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced.

Sensex rallies 347 pts to end at fresh peak; Nifty tops 13,350 for first time

Sensex rallies 347 pts to end at fresh peak; Nifty tops 13,350 for first time

Rediff.com7 Dec 2020

Bharti Airtel was the top gainer in the Sensex pack, rising around 3 per cent, followed by HUL, HDFC, ITC, IndusInd Bank, SBI, Sun Pharma, ONGC, Tech Mahindra, L&T and Asian Paints. On the other hand, Kotak Bank, Nestle India, Tata Steel, Bajaj Finance and HDFC Bank were among the laggards.

HDFC twins, RIL lift Sensex by 622 points

HDFC twins, RIL lift Sensex by 622 points

Rediff.com20 May 2020

HDFC was the top gainer in the Sensex pack, surging over 5 per cent, followed by M&M, L&T, Tata Steel, Bajaj Finance, HDFC Bank and Sun Pharma. On the other hand, IndusInd Bank, Hero MotoCorp, Bharti Airtel and Asian Paints finished in the red.

Bulls take a breather as Sensex, Nifty end flat

Bulls take a breather as Sensex, Nifty end flat

Rediff.com24 Sep 2019

On the Sensex chart, major laggards were SBI, Axis Bank, L&T, Hero MotoCorp, Asian Paints, ONGC, Tata Steel and Bajaj Finance -- dropping up to 3.56 per cent. Among the top gainers were Infosys, RIL, TechM, Tata Motors, Maruti, PowerGrid, HCL Tech, TCS and Yes Bank - rising up to 3.78 per cent.

Sensex pares gains; energy, IT shares save the day

Sensex pares gains; energy, IT shares save the day

Rediff.com8 Mar 2021

On the Sensex chart, L&T, ONGC, HCL Tech, NTPC, Axis Bank and Infosys were major gainers. NSE Nifty ended with a gain of 18.10 points at 14,956.20.

Sensex rises 164 pts; Nifty reclaims 11,000-level

Sensex rises 164 pts; Nifty reclaims 11,000-level

Rediff.com9 Sep 2019

Top gainers in the Sensex pack included Yes Bank, Maruti, L&T, Kotak Bank, Bharti Airtel, Bajaj Finance, SBI, ONGC, HDFC and Hero MotoCorp, rising up to 4.47 per cent.

Sensex rallies 637 points on govt stimulus boost

Sensex rallies 637 points on govt stimulus boost

Rediff.com13 May 2020

Axis Bank was the top gainer in the Sensex pack, surging around 7 per cent, followed by Ultratech Cement, L&T, ICICI Bank, SBI, M&M and Bajaj Finance. On the other hand, Nestle India, Sun Pharma, Bharti Airtel and HUL ended in the red.

Ask Ajit: Stocks to buy, hold, sell

Ask Ajit: Stocks to buy, hold, sell

Rediff.com13 Jan 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Sensex rallies 308 points to end at lifetime high

Sensex rallies 308 points to end at lifetime high

Rediff.com4 Jan 2021

TCS was the top gainer in the Sensex pack, rising around 2 per cent, followed by ONGC, SBI, L&T, Infosys, HCL Tech, ICICI Bank and Axis Bank. The broader NSE Nifty surged hit a record high of 14,109.40.

Sensex sinks below 58K; settles at new 5-month low

Sensex sinks below 58K; settles at new 5-month low

Rediff.com14 Mar 2023

M&M was the biggest loser in the Sensex pack, declining nearly 3 per cent, followed by TCS, Bajaj Finance, Wipro, Kotak Bank, Tech Mahindra, HCL Tech and Tata Motors. In contrast, Titan, Bharti Airtel, ICICI Bank and L&T were among the gainers, rising up to 0.93 per cent.

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Rediff.com17 Dec 2020

HDFC was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Finance, HDFC Bank, IndusInd Bank, PowerGrid, UltraTech Cement, TCS, Tech Mahindra and L&T. On the other hand, ONGC, Maruti, Tata Steel, HUL, Bajaj Auto and Sun Pharma were among the laggards.

Investors' wealth tumbles Rs 18.74 lakh crore in 5 trading sessions

Investors' wealth tumbles Rs 18.74 lakh crore in 5 trading sessions

Rediff.com12 May 2022

Equity investors have become poorer by more than Rs 18.74 lakh crore as the market continued to remain bearish for the fifth session on the trot on Thursday. The 30-share BSE Sensex tumbled 1,158.08 points or 2.14 per cent to end below the 53,000-level at 52,930.31 points on Thursday. Markets have been falling for five straight sessions and the BSE benchmark has tumbled 2,771.92 points or 4.97 per cent during this period.

How Mindtree plans to thwart L&T's takeover bid

How Mindtree plans to thwart L&T's takeover bid

Rediff.com22 Mar 2019

Mindtree plans to recommend to its investors not to subscribe to the open offer, citing low offer price, among key reasons. The founders were exploring several other options, including coming out with a counter open offer, with the backing of a financial investor.

Sensex ends above 44,000-mark for 1st time; Nifty tops 12,900

Sensex ends above 44,000-mark for 1st time; Nifty tops 12,900

Rediff.com18 Nov 2020

M&M was the top gainer in the Sensex pack, soaring over 10 per cent, followed by L&T, IndusInd Bank, Bajaj Finserv, SBI, Bajaj Finance, ICICI Bank and Kotak Bank. On the other hand, HUL, ITC, Titan TCS and Bharti Airtel were among the losers.

Sensex jumps 362 pts post RBI policy; Nifty tops 11,200

Sensex jumps 362 pts post RBI policy; Nifty tops 11,200

Rediff.com6 Aug 2020

Tata Steel was the top gainer in the Sensex pack, rising around 4 per cent, followed by Infosys, Bajaj Finance, TCS, HCL Tech, ICICI Bank and Tech Mahindra. On the other hand, Bharti Airtel, M&M, L&T and Axis Bank were among the laggards.

Sensex hits 43,000-mark for first time; Nifty tops 12,600

Sensex hits 43,000-mark for first time; Nifty tops 12,600

Rediff.com10 Nov 2020

Bajaj Finance was the top gainer in the Sensex pack, surging around 9 per cent, followed by IndusInd Bank, L&T, Bajaj Finserv, HDFC, SBI, ICICI Bank, HDFC Bank, ONGC and Axis Bank. On the other hand, Tech Mahindra, HCL Tech, Infosys, Nestle India, Sun Pharma and TCS closed in the red.

Those who were left out can apply for new bank licence: Rajan

Those who were left out can apply for new bank licence: Rajan

Rediff.com4 Apr 2014

The RBI has agreed to consider the application of India Post in consultation with the government.

Sensex rallies 377 points; Kotak Bank zooms 12%

Sensex rallies 377 points; Kotak Bank zooms 12%

Rediff.com27 Oct 2020

Other gainers included Nestle India, Asian Paints, Bajaj Finance, NTPC, L&T, Axis Bank and Bajaj Auto. On the other hand, TCS, ONGC, Infosys, HDFC and SBI were among the laggards. NSE Nifty surged 121.65 points or 1.03 per cent to 11,889.40.

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

Rediff.com25 Feb 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Sensex tanks 297 points on F&O expiry

Sensex tanks 297 points on F&O expiry

Rediff.com26 Dec 2019

Bharti Airtel was the top loser in the Sensex pack, dropping 2.23 per cent, followed by Reliance Industries, L&T, Sun Pharma, HDFC Bank, Maruti, Titan and Kotak Bank.

Sensex declines 220 pts on selling in FMCG, steel shares

Sensex declines 220 pts on selling in FMCG, steel shares

Rediff.com7 Feb 2023

ITC, Sun Pharma, Maruti, M&M, Tata Motors, HCL Tech, Wipro, Infosys, HUL, Bharti Airtel and Reliance were among the major losers. Kotak Bank rose the most by 1.59 per cent, followed by IndusInd Bank, Bajaj Finance and Bajaj Finserv. L&T, SBI, TCS and HDFC Bank also closed higher.

Sensex rallies 519 points on easing border tensions

Sensex rallies 519 points on easing border tensions

Rediff.com23 Jun 2020

L&T was the top gainer in the Sensex pack, soaring around 7 per cent, followed by Bajaj Finance, IndusInd Bank, NTPC, PowerGrid, M&M and Axis Bank. On the other hand, Reliance Industries Bharti Airtel and Maruti were the laggards.

No Indian brand among top 100 in the Brand Finance list

No Indian brand among top 100 in the Brand Finance list

Rediff.com5 Feb 2018

Indian names that figure on the list, but lower down the pecking order include Tatat (101). Airtel (rank: 252), Infosys (287), Life Insurance Corporation of India (292), State Bank of India (334), HCL (390), Indian Oil (427), Reliance (445) and Larsen & Toubro (464).

Sensex snaps 3-session slide with 639-point leap

Sensex snaps 3-session slide with 639-point leap

Rediff.com22 Jul 2021

Tech Mahindra was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Finance, Bharti Airtel, Bajaj Finserv, L&T, Tata Steel and Infosys. NSE Nifty surged 191.95 points to 15,824.05.

Indian companies apply for banking licences: The complete list

Indian companies apply for banking licences: The complete list

Rediff.com2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.

Sensex sheds 361 points, Nifty closes below 17K

Sensex sheds 361 points, Nifty closes below 17K

Rediff.com20 Mar 2023

Among Sensex shares, Bajaj Finserv fell the most by 4.08 per cent. Bajaj Finance declined by 3.01 per cent, Tata Steel by 2.2 per cent, Wipro by 2.09 per cent, Tata Motors by 1.96 per cent, IndusInd Bank by 1.9 per cent, SBI by 1.75 per cent, Tech Mahindra by 1.66 per cent and HCL Tech by 1.2 per cent. TCS, Infosys, Power Grid, Maruti, Reliance, HDFC twins, L&T, M&M, NTPC and Ultratech Cement were also among the losers.

Tata Sons withdraws application for bank licence

Tata Sons withdraws application for bank licence

Rediff.com27 Nov 2013

The RBI has accepted the application withdrawal request, according to the statement.

Investor wealth zooms Rs 3.41 lakh cr as markets witness massive buying

Investor wealth zooms Rs 3.41 lakh cr as markets witness massive buying

Rediff.com19 Jan 2021

Investor wealth grew by Rs 3.41 lakh crore on Tuesday as markets made a dashing comeback after two days of losses. The 30-share BSE Sensex soared 834.02 points or 1.72 per cent to close at 49,398.29. Following the upbeat sentiment, the market capitalisation of BSE-listed companies jumped Rs 341,846.01 crore to Rs 1,96,19,149.34 crore.

Markets snap 8-session winning streak; Sensex drops 236 pts

Markets snap 8-session winning streak; Sensex drops 236 pts

Rediff.com12 Nov 2020

SBI was the top loser in the Sensex pack, shedding around 3 per cent, followed by Kotak Bank, IndusInd Bank, NTPC, ICICI Bank, Axis Bank and HDFC Bank. On the other hand, HUL, ITC, L&T, Bajaj Finserv and Tech Mahindra ended with gains.

Flexible inflation targeting: A welcome move

Flexible inflation targeting: A welcome move

Rediff.com4 Mar 2015

A lot depends upon the composition of the monetary policy committee.

Worst day ever for markets; Sensex nosedives 3,935 points

Worst day ever for markets; Sensex nosedives 3,935 points

Rediff.com23 Mar 2020

Axis Bank was the top loser in the Sensex pack, tanking over 28 per cent, followed by Bajaj Finance, IndusInd Bank, ICICI Bank, Maruti and L&T. NSE Nifty nosedived 1,135.20 points or 12.98 per cent to settle at 7,610.25.

Sensex closes at fresh record high as bank stocks rally

Sensex closes at fresh record high as bank stocks rally

Rediff.com6 Nov 2019

Top gainers in the Sensex pack included ICICI Bank, Infosys, HDFC, IndusInd Bank, Tata Motors, Kotak Bank, Axis Bank, L&T, Yes Bank and HUL, spurting up to 2.64 per cent.