Higher levy on dividends earned by individuals also on radar.
The stock market regulator's definition of large, mid, and small-cap companies has irked mutual fund managers, reports Samie Modak.
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Punjab National Bank CMD K C Chakrabarty has quit his post after his appointment as RBI Deputy Governor. "K C Chakrabarty has demitted office on June 14, 2009 on his appointment as Deputy Governor, Reserve Bank of India," PNB said in a filing to the Bombay Stock Exchange.
IndiGo has a fleet of 98 aircraft and about 75 of them are on operating lease.
Analysts say lack of strong moves in stocks or sectors contributed to markets moving indecisively.
Air India will very soon get funds from the government for its day to day operations and will even place orders for a couple of aircraft
Markets ended in green on rate cut hope.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Oil India Ltd, the second state-run firm to hit the market with an offering of equity shares this year, may price its IPO that opens on September 7 at Rs 1,000-1,100 a share.
PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.
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.
Steel Authority of India Ltd said on Thursday it plans to merge Neelachal Ispat Nigam Ltd and Maharashtra Elektrosmlet Ltd with itself.
Government needs to rationalise taxation policies to promote investments through stock markets, says BSE chief.
Hitting back at former prime minister Manmohan Singh for his criticism of the Modi government's handling of the economy, Finance Minister Nirmala Sitharaman on Thursday said he is more remembered for having brought India to "fragile five" and rampant inflation during his term.
According to the National Securities Depositories data, the outstanding debt comprising government corporations' bonds and bank bonds, is worth Rs 3.70 lakh crore.
Promoters, institutional investors have started increasing their holdings in domestic private sector companies.
The regulations will only apply to the share purchases that have been done after October 1, 2004
Indian society may be more advanced than we think it is, notes Ajit Balakrishnan.
Micro Technologies India Ltd on Tuesday said it has launched a global disaster reduction IT product, which instantaneously sends alerts about the occurrence of any natural or man made disasters.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
Gail India Ltd said on Thursday its Chairman and Managing Director has been selected as fellow of the World Academy of Productivity Science.
Prime Minister Narendra Modi arrived in the Japanese city of Hiroshima on Friday to attend the annual summit of the G7 grouping and the third in-person Quad leaders' meeting during which he will exchange views with world leaders on global challenges and discuss ways to collectively address them.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
While most brokers have upgraded their backend systems to trade, their front-end systems have not been upgraded. They are not compliant with Sebi's interop circular of November 2018 and no one seems to be either aware of this, nor has anything been done about it so far, explains Debashis Basu.
Forex dealers said besides heavy selling of the American currency by banks and exporters, a higher opening in the domestic stock market, supported the rupee.
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
