Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
Modi praised the contribution of nuclear scientists in the successful implementation of India's three-stage nuclear programme.
The op-ed ends with a call to the world to work shoulder to shoulder to end hate, violence and suffering.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Prime Minister Narendra Modi on Saturday said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by five years to 2025 to cut pollution and reduce import dependence.
How Delhi Lieutenant Governor Najeeb Jung handles the fight with Chief Minister Arvind Kejriwal over the issue of appointment of a chief secretary will be an interesting insight into his personality, says Aditi Phadnis
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
UK-based Cairn Energy PLC on Wednesday said it has agreed to drop litigations to seize Indian properties in countries ranging from France to the UK as it has accepted the Indian government's offer to settle tax dispute relating to the levy of taxes retrospectively. Meeting the requirements of new legislation that scraps levy of retrospective taxation, the company has given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government now has to accept this and issue Cairn a so-called Form-II, that will commit it to refund the tax collected to enforce the retrospective tax demand.
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Companies such as Indian Oil Corporation, Tata Steel Ltd and Tata Power Company Ltd will remain highly leveraged over the next 12 months because of weak industry dynamics and resulting constraints on cash flows, it said.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Metro projects usually require additional funding by promoters, which RInfra refuses to in this case.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The broader NSE Nifty, on the other hand, ended 2.70 points, or 0.02 per cent, lower at 11,555.90 in its third straight day of losses.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
Inputs by the Petroleum Ministry were found among stolen documents.
Pakistan Prime Minister Nawaz Sharif on Monday approved in principle the financing plan of the much-delayed 4500 megawatt Diamer-Basha Dam project on the Indus river in Pakistan-occupied Kashmir and asked officials to expediate its construction.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
'Kindly advise about the following stocks. Can I hold or exit?'
Infrastructure and real estate prominently feature as wealth destroyers.
Transparency is more than welcome, but govt should not look vindictive.
The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it.
Govt to issue ownership rights of 15 coal mines on Mar 23.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Shah said India's goal is to become a $ 5 trillion economy in the next five years and without contribution from the energy and petroleum sector, this goal can't be achieved.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Popping the question to Nandita Mahtani, Commando style at an army camp while rappelling down a wall. Surrounded by 300 army men...
Anmol Ambani, the eldest son of industrialist Anil Ambani, has lashed out against a new round of lockdowns being imposed amid the surge in COVID-19 cases, saying such restrictions do not concern health but control and that they destroy the very backbone of the society and economy. The 29-year-old former executive director of Reliance Capital Ltd in a series of tweets lambasted the new semi-lockdown rules hurting small businesses and daily wage earners. "Professional 'actors' can continue shooting their films. Professional 'cricketers' can play their sport late into the night. Professional 'politicians' can continue their rallies with masses of people. But YOUR business or work is not ESSENTIAL. Still don't get it?" he said in a tweet.
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