It was a case of 'buy on hopes and sell on news' as the Indian market posted only modest gains despite a landslide victory to Narendra Modi-led Bharatiya Janata Party (BJP).
Sensex gains 2.4%, Nifty crosses 7,000; investors feel exit polls have vindicated their stand
Call it a revival of the information technology (IT) industry or increase in demand from non-IT sectors, office lease and sale transactions have picked up by 10 to 15 per cent in the past quarter.
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange
"The (tax) exception given to BPOs has to be withdrawn under section 10 (A) of Income Tax Act. There is no provision in DTC for any such extension of benefits," tax expert and International Fiscal Association of India Branch Chairman T P Oswal told PTI.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
With March 2016 being the final quarter when banks will have to disclose their stressed assets, the markets are assuming the worst is yet to come
Poor rainfall in rain-dependent central and southern India in the next three weeks could affect agricultural GDP growth in the coming season, a report by broking firm Motilal Oswal has said.
Analysts say investors should increase their exposure to gold up to 10% of their portfolio, depending on their comfort with a 2-year horizon. But avoid investing in physical gold or deposit schemes run by jewellers
TCS, Eicher Motors and Kotak Mahindra Bank have turned out be the fastest and most consistent wealth creators.
More may follow as market indices gain 80 per cent
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
Apart from RIL, home-loan lender HDFC, pharma company Sun Pharma, auto major Hero Honda and software exporter Infosys have emerged among the top 100 wealth creators in the past one decade.
The government had reduced the duty drawback rates by 20-35 per cent on various textile products, the move which was proving detrimental to the growth of industry. Punjab's total yarn and textile export stands at Rs 2,223.38 crore (Rs 22.23 billion) as on March 31, 2008. 81420
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Airtel and Vodafone Idea are also trying to expand the penetration of 4G users in their subscriber base as they take this network to the hinterland
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Exponential Investment (Business Associates of Motilal Oswal Financial Services Limited) urgently requires 4-5 graduates (preferebly management / commerce) for Business Development .
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Tata Steel's domestic operations have been its cash cow.
'Indians are great savers, but they are lousy investors.'
Investors remain cautious ahead of F&O expiry.
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.
Price correction over post-election peaks could throw disinvestment calculations awry.
The Indian equity market is likely to see one of its worst phases, with most sectors expected to report a decline in earnings or single-digit earnings growth in Q4 FY'09, a leading broking firm said in its report.
Bankers expect RBI to drop rates though there may not be any increase in aggregate liquidity as banks are parking surplus funds with the central bank. Some sectors like the small and medium enterprises, real estate have not been getting adequate funds and RBI may extend a refinance line or special facility whereby they can borrow at a subsidised rate.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
Benchmark indices gain 30% this year, buoyed by global liquidity, new government
The Union Government's decision to ban futures trading in rubber, soya oil, potato and chana for four months, in a bid to tame spiralling inflation, is unfortunate and may hit market sentiments badly, industry players said.The four commodities have a combined daily turnover of about Rs 1,200 crore (Rs 12 billion) on the Multi Commodity Exchange of India Ltd. and the National Commodities and Derivatives Exchange Ltd., the nation's biggest bourses.
The top 100 companies have created wealth worth Rs 25.4 lakh crore during the period 2003-08, a study has revealed. "The top 100 companies, analysed during the period 2003-08, created wealth worth Rs 25.4 lakh crore," the Motilal Oswal 13th Annual Wealth Creation Study released on Friday said. Reliance Industries, with a significant wealth creation of Rs 3.1 lakh crore became the biggest wealth creator, said the study.
It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.
The BSE sensex now trades at a discount to S&P 500 and has corrected by 35 per cent from its peak of 20,873 points to close the quarter at 13,462 point in FY 08. The Sensex hovered around 13,349 on Tuesday. Over CY 04-07, the Indian markets delivered 40 per cent returns each year, the most consistent and superior retuns amongst all the global markets over this period.
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