GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
Non-Performing Assets are a wake-up call for public sector banks.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
If you simply understand that you do not understand the sock market, that will be a favour. A big favour...
The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,581 shares declined and 1,246 shares fell. A total of 165 shares were unchanged.
Lack of clarity on the overhaul of the subsidy-sharing mechanism by upstream companies.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
On the pricing issue, Eric Trappier said that the present aircraft are cheaper by 9 per cent.
The Rafale will surely be flying in Indian skies next year. But the way the BJP government has botched this will cast a shadow on defence acquisitions in the years to come.
PM started 'Make in India' but every product in market is Make in China: Rahul
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Currently, only Coal India, the world's largest coal miner, and its smaller sister PSU Singareni Collieries besides mining agencies of state government are allowed commercial coal mining.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
The fall came on the back of a massive selloff in NBFCs, led by DHFL which skidded over 50 per cent on fears of a liquidity crisis.
The country's wireless subscriber base fell to 87.05 crore at the end of September, registering the first drop in five months, after Reliance Communications deactivated services of over 1 crore "unprofitable" users.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
'Under Modi Ji's 'Jan Dhan Loot Yojana', another scam!' he tweeted.
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
United Bank's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion)
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Banks, real estate and metal scrips among the top losers.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
The Congress has been attacking the Bharatiya Janata Party government on the defence deal, accusing Prime Minister Narendra Modi of causing loss to the state exchequer by buying the fighter jets at inflated rate.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The Congress chief also described Defence Minister Nirmala Sitharaman's 3-day trip to France as part of a 'huge cover-up' by the government.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
The government has taken a number of steps to stem the depreciation of rupee including moderation in demand of non-essential imports and enhancing supply of capital flows, Finance Minister P Chidambaram said.
The government is selling over 41.22 crore shares or 5 per cent stake in NTPC.
SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Investors booked profits in recent gainers
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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Canadian phone maker Datawind which has supplied about 1,00,000 low-cost Aakash tablets to the government till date says that it would be a challenge to supply the device at Rs 2,500 a unit due to rupee volatility and other factors.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
