L&T top gainer among the Sensex stocks.
In the Sensex pack, Vedanta rallied 3.20 per cent, followed by Tata Steel, M&M, Tata Motors, ONGC, Hindustan Unilever, Maruti, Hero MotoCorp, HDFC, Bajaj Finance, SBI, HDFC Bank, HCL Tech, Coal India, Sun Pharma, Infosys, Reliance and Bharti Airtel, rising up to 2.69 per cent.
SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.
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?
In a long-awaited top management succession planning exercise, corporate giant Larsen and Toubro on Friday appointed K Venkataramanan as CEO and managing director, while its current chief A M Naik would remain executive chairman for the next five years.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
Invokes maintenance warranty for having to relay surface within 4 years; work to begin this weekend
An appreciating rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, are likely to apply to the Reserve Bank for licence to open banks.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
L&T has denied the charge and said the delay was entirely due to a dispute between Cidco and the railways.
The Birlas are investing $100 million in the financial services business in fiscal beginning April 1.
'I started reading your MF articles regularly so requesting your guidance as I would like to start investing in MFs'.
The largest financial institution, LIC, led the list of companies that paid up their advance tax this morning, with a spike in the amount to Rs 1,200 crore (Rs 12 billion) from Rs 1,070 crore (Rs 10.70 billion) a year ago, a senior income tax official said in New Delhi on Thursday.
Investor sentiment got a big push after Brent crude, the international benchmark, dropped below the USD 73-mark to quote at a seven-month low of USD 72.65 by falling 3.48 per cent, traders said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Top gainers in the Sensex pack include Yes Bank, TCS, Infosys, IndusInd Bank, HCL Tech, Bharti Airtel, HDFC, Sun Pharma, Bajaj Auto, ICICI Bank, Vedanta, Hero MotoCorp, ITC, Bajaj Finance, M&M and Tata Steel, surging up to 3.24 per cent.
All BSE sectoral indices ended in the red, with oil and gas, bankex, capital goods and finance falling up to 3.04 per cent.
Clarifies over the raging media controversy over its intent to exit
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer 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.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd).
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
Bucking the overall downtrend, shares of RIL rallied nearly 10 per cent, capping the Sensex loss to a large extent.
Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.
Hindalco and BHEL among the top Sensex gainers
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
As Japan makes frantic efforts to deal with the nuclear radiation leaks from the Fukushima Daiichi nuclear power plant in the aftermath of earthquake and tsunami, Indian information technology firms have begun relocating the families of their Indian employees in the country.
Fund managers say the recent fall is not going to sustain.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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