Caution prevailed across the bourses ahead of the Union Budget.
In a major reform push, government on Thursday approved 100 per cent foreign direct investment (FDI) in the telecom sector, meeting a key demand of the fund-starved industry.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
Take a look at how the models battled it out.
The Sensex opened eight 10 higher at 5,308, it slipped a bit touch an intra-day low of 5,301. However, it soon recovered and moved up to a high of 5,320.
Infosys slipped nearly 9% after the company cut full year revenue outlook for FY17.
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.
A bench, headed by Chief Justice T S Thakur, said it was not for the apex court to pass a direction to Parliament to introduce a bill in this regard.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
Govt has allowed transfer of clearances granted to the previous allottees to new owners.
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At the close of trade, telecom stocks ended with as much as 4.3 per cent loss.
The BSE Sensex gained 104.63 points to end at 33,147.13, while the broader Nifty spurted 48.45 points to finish at 10,343.80.
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
'If you allow Walmart to operate in India, our manufacturing will finish completely.' 'What will happen to Narendra D Modi's dream then? There will be no Make in India.'
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
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Reliance, Birla Group, Airtel eye small finance banks.
Here are some of the confrontations between Jung and the Kejriwal-led Delhi government.
The regulator has put a cap on the business a bank can get from a single insurer.
Polling in Rajarajeswari Nagar constituency has been deferred to May 28.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Executives would analyse information and pass it to seniors.
Execs of RIL, Essar, Cairn India, Jubilant Energy, ADAG detained.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Cash-&-carry chains claim of the products they sell 85-90% is local.
Transparency is more than welcome, but govt should not look vindictive.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
Indian equity markets registered their highest single-day percentage gains since early October.
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
The broader NSE Nifty gained 22 points to 10,480.60
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Modi orders coal, insurance sector reforms.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Sensex, Nifty end the day in red on unfavourable cues from global markets.
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