Expectations of continued stimulus withdrawal by the US Federal Reserve added to the market's gloom.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
.jpg)
The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.
Buying stocks during bad times can lead to good returns.
Ratnakar Bank to absorb RBS' employees involved in three businesses
China is keen to rebalance its economy towards higher consumption, services, technology use and value-added exports. The hope is that its currency will strengthen as the world embraces it as a global trade and reserve currency, say Abheek Barua & Bidisha Ganguly.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Its time the RBI, govt pushes reforms to boost global investment
The FMCG index gained more than 1% on the back of stellar gains in ITC.
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
Sensex lacklustre, bluechips in focus.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
The six are English dailies the Hindustan Times, The Hindu and The Telegraph; their sister publications The Hindustan and The Hindu Tamil; and Ananda Bazar Patrika.
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
Sensex is under pressure due to concerns in the global market.
India's banks are propping up too many weak producers.
But, unlike its competitors, it did not have a comprehensive infrastructure back-end and required fresh investments.
Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances