Eminent banker and Satyam board member Deepak Parekh on Wednesday said that the execution of strategies remains a challenge for Indian companies in the current market condition.
'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.
The Sensex gyrated between the zones and finally ended flat at 16,711, up 34 points.
The NSE Nifty closed 27 points higher at 5,308. The market breadth was negative, out of 2,949 shares traded, 1,852 declined and 1,022 advanced on the BSE.
The 50-share National Stock Exchange index Nifty also shuttled between 4,524.00 and 4,436.60, before winding up at 4,469.10, showing a net loss of 33.15 points. The information technology sector, which led the upsurge in Tuesday's trading, suffered the most, losing 1.74 per cent to 3,694.03, as segment major Infosys and Tata Consultancy dropped on profit booking.
Investors are anxious over the US-China trade tension, a sharp devaluation in yuan and uncertainty over Kashmir issue.
Citicorp has managed to pare net credit losses from its Indian consumer credit business, comprising cards and consumer banking, by over 38 per cent to around Rs 400 crore by June-end compared with Rs 653 crore in the previous quarter.
The NSE Nifty ended at 4231, down 2 points. The market breadth was fairly positive - out of 2,689 shares traded, 1,465 advanced while 1,131 declined.
Private banks may lower deposit rates. The Reserve Bank of India on Friday prodded banks to reduce interest rates after the monetary policy measures announced by it over the last five months have failed to result in lower cost of funds for the economy.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
The Sensex finally ended 241 points lower at 14,061. The Nifty ended down 48 points at 4,270.
Whether it took the corona crisis to bring about the transformation, or otherwise, the change ought to be welcome, notes Virendra Kapoor.
Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
Neither recessions nor world wars have deterred women from indulging in beauty products, writes Valentina Zannoni.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The NSE Nifty ended at 2,939, down 7 points. The market breadth was marginally negative - out of 2,636 stocks traded, 1,395 declined, 1,134 advanced and 107 were unchanged on Tuesday.
Shares of Tata Motors, which surged over eight per cent in morning trade, shed gains to settle up three per cent on the Bombay Stock Exchange and National Stock Exchange as the company launched the world's cheapest car 'Nano'.
Market expert Pranav Sanghavi offers some valuable tips on stocks.
Have you been fired from your job recently? Or do you fear it will happen soon? Here are a few tips on how you can survive a layoff, financially.
Prime Minister Modi made a strategic blunder of Nehruvian proportions -- presuming no war can happen now, and the Chinese won't be a military threat and risk their economic interests, observes Shekhar Gupta.
'It may sound like sacrilege, but does it really matter if the global raters downgrade India for fiscal slippage?' asks Tamal Bandyopadhyay.
Market expert Pranav Sanghavi offers tips on how to trade when the markets are volatile.
Thiruvaiyuru, where composer-saint Tyagaraja lived, is an annual pilgrimage for Carnatic musicians, eminent and unknown, young and old.
With both leisure and business travellers dropping Pune from their itineraries, 30 to 50 per cent of all grades of rooms in the city are vacant. This steep fall comes as double whammy for these hotels, since they were forced to pare tariffs 35 to 40 per cent owing to falling occupancies as a result of the economic slowdown.
The NSE Nifty ended at 4,234, up 122 points. The market breadth was extremely positive - out of 2,679 shares traded, 2,035 advanced while only 558 declined.
If everybody is 'working' from home, then how has TV consumption gone up? Who is making all that gourmet food being posted on social media?
The NSE Nifty ended at 3235, up 112 points. The market breadth was fairly positive - out of 1,613 stocks advanced, 975 declined and the rest were unchanged.
The BSE IT index soared 4% (123 points) to 3,218, and the Bankex rallied over 3% (209 points) to 6,688. The Realty index, however, shed 2.3% (82 points) at 3,427. The market breadth was positive - out of 2,672 stocks traded, 1,476 advanced, 1,120 declined and 76 were unchanged on Wednesday.
The FIIs' stake in Reliance Industries has increased from 20.22 per cent at the end of the March 2007 quarter to 20.85 per cent at the end of the June 2007 quarter, according to the BSE's shareholding pattern data.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
South Korea were left with plenty to ponder ahead of this month's World Cup finals after Edin Visca scored a hat-trick to give Bosnia and Herzegovina a 3-1 victory in a friendly in Jeonju on Friday.
The Sensex opened 42 points lower at 15,032, and soon touched a low of 14,993. The index, thereafter, rebounded into the positive zone and touched a high of 15,280 - up 287 points from the day's low - amid alternate bouts of buying and selling.
Tension is still simmering at Kimin town since rampaging by the Indo-Tibetan Border Police (ITBP) following a molestation charge against a jawan on October 20.
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
The NSE Nifty ended at 2,617, up 44 points. The market breadth turned negative towards the close - out of 2,520 stocks traded, 1,261 declined, 1,163 advanced and the rest were unchanged on Thursday.
The market breadth was negative - out of 2,761 stocks traded, 1,115 advanced, 1,537 declined and 109 were unchanged on Thursday. The NSE Nifty shed 83 points to end at 4,835. Unabated selling in auto, banking and oil & gas stocks forced the index touch a low of 16,196 - down 470 points from previous close.
The index after gyrating between zones drifted to a low of 16,979 - down 293 points from the day's high - as the day progressed. The Sensex finally ended with a loss of 110 points at 17,016. The market breadth was marginally negative - out of 2,740 stocks traded, 1,371 declined, 1,297 advanced and 72 were unchanged on Monday.
'The digital economy will generate 60 to 65 million jobs by 2025, 20 million more than the 40 to 45 million existing jobs that are in danger of disappearing or getting automated,' points out T N Ninan.
According to a study by the brokerage division of global financial services major Citigroup, promoter holding went up to 58 per cent in the BSE-500 companies in the second quarter this fiscal from 54 per cent in the previous three-month period. In contrast, FIIs, mutual funds, banks, insurance companies and retail investors cut down their holdings.
