The Nifty and Sensex traded close to their respective all-time highs.
Indian Economy poised for growth, say experts.
For the first time since 2008, first quarter of 2014 (Jan-March) saw signing of 10 mega-contracts worth $100 million in ACV.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged at a six-weekly rate review on Tuesday, ending a year-long cutting cycle as it focuses instead on underpinning the plunging currency.
The joint entity will have a market share of nine per cent in India. Analysts tracking the company said one of the key outcomes of the merger would be to create a single brand entity of Sun and the Ranbaxy brand would eventually dissolve.
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
Sun Pharma expects synergy benefits by next fiscal.
Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
HNI equity folios up 46% in the first half of FY15.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
Valuation-wise, the markets look more attractive now
This works only for longer-tenured ones such as income funds, as the element of interest rate risk is reduced.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
Exports to Europe shrank by near 2 per cent in the 11 months.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
"While the risk of a correction goes up in the near term, on a long-term basis the Indian market is on an absolutely strong footing."
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
HDFC Bank has ensured that no bank will be able to match them in the near future without bleeding on margins.
A section of analysts feel now may not be a bad time to buy select PSBs.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Chances of a sudden collapse in the Shanghai Composite are remote.
India's teen golfer Aditi Ashok rounded off yet another week with a card of five-over 76 to end her campaign at the 41st spot in the women's golf event at Rio Olympics. Nine of the world's Top-10 took part in the event making it as strong as any Major and ensuring credibility for the sport, which made a re-appearance at the sporting extravaganza after 112 years. For Aditi to hold her own on first two days when her cards of 68-68 kept her in the Top-8 of the field was indeed a big step for Indian golf at world stage.
The marginal rise in June headline inflation to 4.9 per cent may be a precursor to a pronounced increase in the coming months and RBI is unlikely to cut rates at the forthcoming policy meet on July 30, say analysts.
A day after the Union Cabinet paved the way for the government reducing its stakes in Oil and Natural Gas Corporation (ONGC), Coal India Ltd (CIL) and NHPC, the shares of these companies fell 3.4-5.2 per cent on bourses.
The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point.
The Halol facility is important for the company as it accounts for 10 per cent of Sun Pharma's sales.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
After fighting inflation for more than two years, Reserve Bank of India (RBI) Governor Duvvuri Subbarao finally managed to bring it below the five per cent level - the tolerance level of the central bank - in FY14.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances