All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
From the Sensex firms, HCL Tech, Tata Steel, Tech Mahindra, Reliance Industries, Bharat Electronics and ICICI Bank were among the laggards. Bajaj Finance, Hindustan Unilever, UltraTech Cement and Power Grid were among the gainers.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
'For all of us at Amazon, it is 'Bharat first'.' 'We are keeping the Indian customer at the centre of what we are doing.'
While reforms may translate into new opportunities for firms like ITC, Adani Wilmar and Reliance Retail, farmers are unlikely to use it for fear of upsetting commission agents.
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
'We need to encourage the next generation of farmers to continue in farming'
Sensex ends in green, bluechips in spotlight.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The BSE Mid-Cap index was currently down 1.25%
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
Large and small businesses alike have delivered low-key performances.
The 30-share Sensex ended up 140 points at 28,262 and the 50-share Nifty was up 37 points at 8,551.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
Sensex rises, Nifty ends at record high; RIL shares rally.
Mid- and small-cap companies seem to have done better than top-tier companies
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Analysts mostly prefer domestic plays beside select films with foreign exposure.
FIIs pump in Rs 2,075 crore in past three trading sessions.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.