What China's market crash means for India
Prime Minister Shinzo Abe and Donald Trump talked by phone for about 50 minutes Friday morning and agreed to 'strengthen cooperation' on fighting the novel coronavirus, but did not discuss postponing the Olympics or holding them without spectators, Japanese officials said.
Don't catch falling knives or chase bear rallies no matter how enticing those eight pc green blips look. They may be mouse traps, warns Sonali Ranade
The dollar's preliminary moves after the low 80.90 are supportive of a like dollar rally back to 85.50. We should see confirmation of that in the early part of next week, says Sonali Ranade
Investors went looking for bargain in banking, oil and gas and auto stocks.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes
Workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations.
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
Profit-booking by participants in view of the domestic markets' recent record-setting run fuelled the downtrend
The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
The 50-share NSE Nifty shed some ground to settle at 8,699.40 points, up 40.30 points, or 0.47 per cent
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
The broader NSE index has fallen about 0.9% as investors wait for corporate results
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
The 30-share Sensex ended in the red.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
Pharma major Lupin and mortgage lender HDFC were the top losers.
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
