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Most of the railway-related stocks, which had seen smart gains in the past few days ahead of the Rail Budget, saw profit-booking as Railway Minister Sadananda Gowda presented the Budget.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
The breadth, indicating the overall health of the market, turned negative from positive
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
The companies having suffered large erosion in values included Tata Motors, TCS, Tata Steel, Tata Power and Titan Industries
On the sectoral map, consumer durables stayed in the lead by surging 2.39 per cent, followed by realty index, oil and gas and infra.
Helped by the Offer for Sale route, a whopping Rs 45,300 core was mobilised through public equity markets in 2013, a growth of 25 per cent over last year.
ONGC was the top performer while private banking major ICICI Bank extended gains
Within IIP, the capital goods sub-index has contracted for seven continuous months, suggesting investment demand continues to be weak.
The ongoing corporate results and the Union budget are also making participants tread cautiously though the GST agreement provided some relief.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'
Oil tanked to a 7-year low as OPEC decided to maintain production.
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.
Bankruptcy Code will consolidate existing laws related to liquidation and sick industries
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Asian shares ended higher following a relief rally in global equities after centrist candidate Emmanuel Macron won the first round of the French presidential election.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
IOC along with HPCL and BPCL took a hit of about Rs 4,500 crore from absorbing Re 1 a litre hike.
Large pharmaceutical firms feel that if the quality parameters and assurance levels are brought up to the level of branded generics, then Jan Aushadhi medicines would find it difficult to retain their affordability.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
Last year, the government had announced to infuse Rs 70,000 crore in PSU banks.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It, however, was a record-smashing week for both the indices, which scaled their lifetime highs.
There is a large population standing outside the coverage of primary healthcare, says Praveen Gupta of Raheja QBE.
The consortium led by SBI has also initiated the process of recovery.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
The BSE Sensex jumped 70.42 points to end at 34,503.49, while the broader NSE Nifty finished at 10,651.20, up 19 points.
The short answer, as usual, is I don't know. But this is what could happen in the next one year...
Company looking for acquisition of coal properties abroad.
