The national budget 2019-20 had an outlay of Rs 10,000 crore for Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme to boost electric mobility and increase the number of EVs in commercial fleets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Aluminium stocks like Hindalco and Nalco have outperformed this benchmark index by a comfortable margin by logging in gains of 39% and 30%, respectively.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Infrastructure and real estate prominently feature as wealth destroyers.
Other companies which are on the block include NMDC, NALCO and IOC.
The doubling of Clean Energy Cess from Rs 200 to 400 per tonne would further increase the input cost for domestic producers.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
Almost all major metal and mining firms would be affected by the Supreme Court ruling canceling 214 coal blocks, but Naveen Jindal's JSPL and Aditya Birla Group's Hindalco would be among the worst hit, analysts said.
The government on Friday issued fresh show cause notices to prior allottees of coal blocks like JSPL, JSW and Tata Steel, asking reasons behind delays in mines development and warned of deduction in their bank guarantees if they failed to furnish replies.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
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Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore (Rs 430 billion) from divestment proceeds, almost the same level that the government expects to realise from stake sale in PSUs this fiscal.
PSU employees will now get an option to subscribe up to 5 per cent of the issue size at a discount after the completion of disinvestment in the concerned state-owned company.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
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Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
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Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Expects to raise Rs 9,300 crore from Indian Oil share sale on Monday
Metal sector is not too happy from Budget announcements for the sector
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
There are 30 listed PSUs in which the public holding is less than 25%.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Union Budget 2014-15 is positive for metals and mining companies.
The amount is around a fifth of the cumulative investment in fixed assets by these companies.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
This Budget signals a shift from a hand-out to a hand-up economy.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.