Standard and Poor's has launched two new investable Shariah indices for the Indian equities market.
Rajiv Mehta, senior analyst with India Infoline, a large brokerage house said his firm has immediately stopped covering Satyam and many other brokerage houses are also expected to do the same.
A long-standing concern (over the past 3-4 years) with Kotak Mutual Fund has been a string of changes at the CIO level. The fluidity has deprived the fund house of a stable fund management strategy.
Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
In our view, investors should give FIHGCF a miss for now.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
It is too early to say if we have seen the "final" bottom to these stocks in August 2013 or if another attempt to test them will be made before or just after elections, says Sonali Ranade.
'In the next one-and-a-half, two months you'll get decent amount of opportunities in the mid-cap and small-cap sector at lower levels.'
Nifty has a virtual monopoly in the index derivatives segment.
Nifty made a gap up opening and moved higher after oil prices eased, relieving concerns of inflation.
FIIs continue to invest in India, with their net investment since September 2013 standing at about Rs 82,000 crore(Rs 820 billion)
Most Asian markets were trading weak on Monday.
On the contrary, the fall in the US markets was lower with the S&P 500 and Dow Jones both declining by around 9 per cent and 6 per cent respectively, while emerging markets lost around 18 per cent during the month. Pessimism in the financial markets following the filing for bankruptcy by Lehman Brothers, Merrill Lynch's sell-off, the AIG bailout and perceived uncertainty around the US bailout package added to investor fears.
The 30-share BSE Sensitive index or Sensex slipped below 13,000-mark. At 1450 hrs, Sensex was down 526 points at 12,936. a loss of almost 4 per cent compared to Thutsday's close.
The good times continued for fund investors as equity markets closed in positive terrain for the third week in a row.
With all the euphoria in the equity markets, there seems to be a mad rush to invest in diversified equity funds.
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
In Madhya Pradesh, the C-Voter poll projections gave the BJP 107 seats with a vote share of 41.5 per cent, against Congress' vote share of 42.3 per cent and a simple majority of 116 seats.
Oil, banks eneded the day in green while few in auto sector lost heavily.
Asian shares have begun the week on a plaintive note.
Some of Modi's biggest reforms have met with fierce political opposition.
Markets ended in red; index heavyweight under pressure.
Similarly, the wide-based 50-issue CNX Nifty of the NSE jumped 109.30 points, or 1.46 per cent, to end above 7,500-mark for the first time at 7,583.40.
Experts say the BSE Sensex could rise to around 32,000 in a year.
Analysts say that the focus now shifts to global events
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
The sentiment around Indian equities remains positive and unchanged.
When there is panic, you get an opportunity to get your hands on some of the good stocks.
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
Asset managers are betting big on ETFs these days.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
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