Several carmakers, including car market leader Maruti Suzuki India pulled the plug on diesel models citing higher costs for BSVI variants leaving buyers with limited options.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.
Sebi filed a criminal complaint against the brokers with the economic offences wing, which on Friday registered a case under the Forward Contract Regulation Act 1952.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
While TCS cheered investors becoming India's biggest wealth creator, Reliance which was a darling of the markets turned out to be a damp squib.
A joint venture of Synbiotics, a wholly owned subsidiary of Ambalal Sarabhai Enterprises (ASE), and CoDiagnostics, CoSara Diagnostics is the first and only Indian company so far to receive a licence from the Central Drugs Standard Control Organisation (CDSCO) to manufacture coronavirus diagnostic test kits.
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones.
Fall in crude prices has eased interest rate worries and that expectation of good Q2 is already factored in the prices.
'NRI interest has gone up in the past three-four years.'
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Session-wise data indicates small investors have taken money off the table in more sessions than they have pumped in additional capital.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
Exporters say their capacity utilisation has reached almost 70 per cent and that big firms have brought it up to as high as 85 per cent.
MFs have benefited from a shift to financial assets from physical assets like real estate and gold.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route.
Infy's cash utilisation may play role in whether valuation gap too narrows
Global funds have pumped in over Rs 38,000 crore (about $5.5 billion) into domestic equities since February 20, helping the Sensex rebound 2,671 points, or 7.6 per cent, from its 2019 low.
'The market recovery is fragile,' warns Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services.
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Experts say going ahead data price will fall further due to competition
Investor wealth on Thursday soared by Rs 1 lakh crore, triggered by heavy buying in the stock market, with the BSE benchmark Sensex surging about 382 points to close at near six-week high levels.
The firms settled the charges by paying a total of $1.8 million.
Experts say that the lockdown and its aftermath will further quicken the consolidation in the real estate sector, which has been taking place since 2012, with more small players going out of the business and bigger, branded players dominating the market.
Writes to Trai, Mumbai Police to catch unauthorised SMS senders
HDFC Chairman Deepak Parekh on Monday chose to voice the unspoken concerns of the investor community about over-regulation that had created problems for the Indian financial sector.
The work may not have changed but the manner in which it will be done, surely has. And it requires you to build new ways of working and corresponding skills to adapt to it.
With the economy growing at its slowest rate in a decade, India's banking system is facing rising levels of stressed loans, with $100 billion, or about 10 percent of the total, categorised as bad or restructured.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
