Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
As Indian IT service entities mature into multi-billion dollar organisations employing thousands, the pressure has increased on them from clients to identify and solve customer problems than working on predefined parameters.
RIL was the biggest gainer in the Sensex pack, rising 2.63 per cent, followed by NTPC, Axis Bank, Tata Steel, PowerGrid, HDFC twins, Bharti Airtel, M&M, ICICI Bank, SBI and Bajaj Finance -- gaining up to 2.51 per cent.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
Markets end four-day losing streak led by shares of private banks, rebound in L&T and Tata Steel.
Three stockmarket experts give their best picks for the New Year.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Sun Pharma, HDFC Bank, ITC, Infosys, L&T and Reliance Industries among the top gainers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Analysts believe that new companies getting into banking space will look at acquiring old private banks. Following this view, there has been a significant rally in banking stocks.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Gains in ITC, NTPC, L&T and ONGC help the index edge higher in closing hour.
Yes Bank was the biggest gainer in the Sensex pack, rallying 4.06 per cent. Other gainers were Coal India, Infosys, PowerGrid, Vedanta, Reliance, TCS, HUL, ONGC, HCL Tech, IndusInd Bank, HDFC Bank and Asian Paints, gaining up to 2.72 per cent.
Govt expects to award contract to the lowest bidder by February.
Other gainers include ONGC, Bajaj Auto, Kotak Bank, TCS, Tata Steel, Axis Bank, Maruti, HDFC and HUL, surging up to 3.03 per cent.
HP's 60.5 per cent stake is valued at $1 billion.
The decline was due to an increase in interest costs.
Adani Ports has agreed to acquire DhamraPort in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL) for about Rs 5,500 crore.
Nearly 3,400 labourers and 250 engineers are working round-the-clock at the site of the statue at Sadhu Bet island on Narmada river. The 182-metre tall statue will be unveiled by the PM on birth anniversary of Sardar Patel, the first home minister of the country.
Rahul Dravid said India will have to find someone who can amass 500-odd runs in the series like Cheteshwar Pujara did the last time around.
Sep sees 94% jump in infra tendering; capital goods showing signs of stability.
Your daily ride to work is not going to be that easy. An analysis of the progress of top metro projects across India suggests that apart from the Delhi and Jaipur Metro and Chennai Monorail, the remaining projects are still in the planning stages.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
L&T IDPL, Gammon, IL&FS in race for Rs 21,147-cr Mumbai elevated rail corridor
The Sensex was mainly dragged by Tata Motors, ICICI Bank, Bharti Airtel and Reliance Industries -- shedding as much as 4.60 per cent.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
In the Sensex pack, Tata Motors was the biggest loser, shedding 3.29 per cent, followed by ICICI Bank, IndusInd Bank, Infosys, HCL Tech, Axis Bank, TCS, HUL, Asian Paints, Sun Pharma, SBI, Tata Steel and NTPC, which dropped up to 3.23 per cent.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
'Allocate 30% to 35% of your equity portfolio to mid-cap funds and 10% to 15% to small-cap funds.'
It is now official. Nitish Kumar, chief minister of the power-starved state of Bihar, has decided to go green. The chief minister will use solar energy to power his official residence in Patna, an official on Wednesday said.
In the second part of an exclusive interview to rediff.com's Shobha Warrier, S Gurumurthy talks about why he found Bharatiya Janata Party president Nitin Gadkari "morally and legally clean".
The government's decision to impose 21 per cent on imported power gear would increase the cost of electricity generated from future plants by about two per cent, according to rating agency Icra.
Closes 20 points lower on a bout of profit-booking.
Investors booked profits at higher levels with oil shares leading the decline
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.