Mittal said that overall, he expected that by March 2018, the "dust will settle down" for the entire industry.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
Robust same store sales, margin growth mark June quarter.
In its investor presentation, IHH said it wanted to develop Fortis into a market leader.
And why markets could give up 25 per cent of all these gains made since March 2020
Standard Chartered on Friday lowered India's growth forecast for the current financial year to 4.7 per cent from earlier 5.5 per cent, citing "upside risks" to inflation and fiscal deficit.
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Auto stocks are weighing on the indices.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
BSE Auto index fell over 0.5% after reports that automobiles might get costlier post GST
Sensex, Nifty end the day in red ahaead of F&O expiry.
Cement shares have been outperformers on the stock market
Private carrier Jet Airways is re-working a comprehensive profitability plan sought by its foreign partner Etihad Airways, which completed a 24 per cent stake purchase in the Naresh Goyal-led carrier recently.
China's economy grew 6.7 percent in the second quarter from a year earlier.
A market correction is a good time to reassess the quality of your portfolio and purge the poor quality names from it, says Ramesh Bukka
The fallen bellwether of the technology sector has a strategy to reclaim its lost position.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
The FY13 fourth quarter (Q4) earnings, however, fell short of analysts' expectation, as debt was still high at Rs 21,730 crore (Rs 217.3 billion), with much of the targeted non-core sales done.
Toyota, M&M and Honda are making tough adjustments to their growth plans as uncertainty over diesel vehicles and fuel emission norms rises
Strong passenger growth will help domestic airlines improve their top line and margins.
The Nifty Index features 50 of the largest companies in the country and represents close to 50 per cent of total market capitalisation. It is now trading at valuations that could only be justified if India Inc grows earnings at better than thrice the GDP growth rate. This is extremely unlikely, says Devangshu Datta.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
After a robust Q4 FY14, thanks to election spends on advertising across platforms, media entities might see slightly lower ad revenue growth at 12 to 14 per cent.
The local markets are expected to react to global triggers until the government announces the Union Budget.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
If financials and oil sectors were removed, India Inc has done quite well.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
The 30-share Sensex ended down 215 points at 27,011.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
The May Nifty option chain and the three-month Nifty chains offer several signals worth noting.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
