Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
Sebi had given an extension last year for PSUs to meet 25% minimum public shareholding rule
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
The NSE Nifty went past the 8,600-mark for the first time since November 1.
Profit booking in realty, oil and gas, capital goods, power and metal stocks pulled the index down to the day's low of 25,347.33 points.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
It is a Budget 'high on promises but low on design,' the agency said.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
At the close, the 50-share NSE Nifty was at 8,611.15, up 19.90 points, or 0.23 per cent, after moving between 8,637.15 and 8,555.20.
Stocks of companies having operations and exports to Europe were the top losers.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Stocks reeled under huge losses on Thursday as the benchmark Sensex plunged sharply by over 465 points, the biggest single-day fall in three months, after India carried out "surgical strikes" on Wednesday night on terror launch pads across the Line of Control.
While the five years of the Modi government have indeed seen a healthy increase in PSUs' outlay and the Budgetary support for them, the next year's numbers reveal the squeeze in the government's own resources even though it is expecting a much higher dividend income from the PSUs. These do not augur well for the PSUs in 2019-20 and the years ahead, unless these numbers are revisited and, hopefully, revised in the full Budget that will be presented later in July this year, says A K Bhattacharya.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Banks and realty among the most hit on account of high borrowing costs.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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Barring one, three are debt-free and sitting on large cash reserves.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Pharma stocks have performed well after Budget
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
Parliament proceedings were washed out for the fifth straight day, as members from parties including the Telugu Desam Party and the All India Anna Dravida Munnetra Kazhagam, continued their protests on various issues.
'Dear Business Partner, Kindly note and inform your all customers that Digital Cashback has been revised from 0.75 per cent to 0.25 per cent with effect from August 1, 2018 across oil industry for all loyalty customers,' said the text message sent by State-owned oil companies to petrol pump operators.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
ITC, Sun Pharma, HDFC and Coal India were among the top gainers.
The STF of Kolkata Police has seized mobile phone SIM card which, it believes, was used by the three arrested suspected ISI agents to pass on information to the ISI of Pakistan.
Investors watch out for cues from the on-going winter session of the Parliament.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
Without the handsome receipts from the sale of government equity in PSUs and sharp increases in excise revenues from oil, Mr Jaitley's fiscal consolidation drive would have become even more arduous, says A K Bhattacharya.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
Those candidates who qualify in preliminary examination will be eligible for the mains exam.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
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