The focus is on corporate results at one level but global news will also have an impact
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
Nine million subscribers opt for mobile number portability in first three months of its launch.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
According to JP Morgan, it seems that Jio is willing to go for the jugular in chasing market share if this hurts some of its standing rivals like Vodafone and Idea to a point from where they find it difficult to fight back.
Ashish S K, CEO, Reliance Animation tells us why a career in animation is prospective and presents an overview of the trends in the industry in India.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
Investment trend by foreign investors will also be closely watched for stock movement
The Nifty rose by 32.40 points to 6,135.85, after touching the day's high of 6,187.75.
Market breadth was positive; of 2,896 stocks traded on the BSE today, 1,496 advanced, while 1,275 declined.
There will be uncertainty about outcomes,but one must hope for the best, observes T N Ninan.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
'The road ahead for the government's fiscal management will be full of many new challenges,' warns A K Bhattacharya.
Premiumisation, improving demand aid realisation growth at most large firms
Analysts say that Jio's substantial slowing down in net additions is possibly because the company has dramatically reduced its bundled 4G feature phone offering, which contributed an average 30-40 per cent of its net additions.
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
Leading industrialist, Mukesh Ambani,on Friday said the trend of rising energy prices is a matter of great concern and that it could rise further to three-digits going forward.
Imported Ethane will substitute its current propane imports and a portion of naphtha used for ethylene production.
As with TCS, most companies put their money in mutual funds, corporate bonds and bank deposits, which are losing their appeal versus government bonds in terms of both returns and safety.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
Having struck the right chord with the buyers with FM radio-equipped and multimedia phones, the cell phone makers are now concentrating on a new trend -- dual SIM phones.
The rights on offer are Indian Sub-continent Television Rights from 2018 to 2027 (10 IPL seasons), Indian sub-continent Digital Rights from 2018 to 2022 (5 IPL seasons) and Rest of the World Media Rights from 2018 to 2022 (5 IPL seasons).
Reliance Communications Ltd (RCom) on Friday announced the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore.
There will be a huge market for healthcare professionals, data and security experts and digital marketers, says Navneet Singh, founder, Avsar HR Services.
After the easing of lockdown in mid-May, auto companies were able to resume production in a phased manner, but the ramp-up was slow due to a broken supply chain, and lockdown-induced restrictions.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Mumbai has fastest 4G speed, Ahmedabad most consistent, says wireless coverage mapping firm OpenSignal
The country's top 10 companies have witnessed an erosion of about Rs 72,000 crore (Rs 720 billion) from their market capitalisation in a week, with Reliance Industries' valuation again dipping below the Rs 2,00,000-crore (Rs 2,000 billion) mark.
Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.
India has around 355 million Internet users, second only to China, says a report
The fall in the equity markets was to put some pressure on the balance sheets of the top five asset management companies (AMCs) in the country. But, two of them have managed to buck the trend, thanks to the rise in their average assets under management (AAUM).
French telecom infrastructure player Alcatel has bagged an approximately $350 million (roughly Rs 1,400 crore) contract from FLAG Telecom, a subsidiary of Reliance Communications (RCom), to build a fully IP-enabled Trans-Pacific undersea cable.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
'Three decades after liberalisation kicked off, my friend's son and niece -- both born well after that historic shift in economic policy -- find themselves newly off the beaten path for no fault than listening to their heart,' notes Shyam G Menon.
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.
E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year, Experts say e-commerce adoption in the country is accelerating by multiple years or what it would have looked like in 2025.
