Markets under pressure; IT financials grab spotlight.
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
The Sensex has slid 18.5 per cent from its January 2015 peak.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The airline is gearing up to come out with an initial public offer.
'For how long can investors fund loss-making companies?'
Bank shares were the top gainers led by ICICI Bank.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
In 2012, Akula quit as chairman of Bharat Financial Inclusion (formerly SKS Microfinance), which he'd founded and led to a successful initial public offering
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
He will be the eighth Deputy Governor to be made Governor at RBI
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
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.
India's credit and banking are neither too big nor too small.
The economic slowdown has made it difficult for companies to record financial closure of a few awarded projects.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
A large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore
IDS-2 and raids to uncover black money stash keep receipts flowing
12,000: Number of people Flipkart plans to hire in FY15.
To be sure, this is not some stunning new revelation that our equity markets are beholden to foreign flows.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
Summary of sports events and persons who made news on Thursday
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
The Sensex ended in red on domestic concerns.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
PM app downloaded 2.5 million times, to see 20-fold growth in user base
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Echoing the position articulated by Prime Minister Manmohan Singh, China and Russia on Thursday warned that imminent withdrawal of fiscal stimulus by the US could have an adverse impact on the global economy and cautioned the Obama administration against it.
