McGraw-Hill and S&P India on Monday revised upwards their offer price by about 14 per cent to Rs 775 per share to acquire up to 65.57 per cent stake in credit rating agency Crisil.\n\n
Legendary investor Warren Buffett feels that the US debt is still worth 'AAA' rating and if anything has to change, it may be his opinion about rating agency S&P rather than his view on US Treasury bills.
These include Adani Enterprises, BEML, TVS Motor, KEC International, Sintex Industries, Ceat and Suzlon Energy.
In the male-dominated corporate world, these brilliant women have proved their mettle and made a big difference.
Faster account opening, which allows investors to start trading without ever leaving their homes or visiting a physical branch of their local brokerage has played a role in the surge.
Markets scripted a dramatic 547-point rebound from lows to close in the positive zone.
One in five stocks from the BSE-500 index has underperformed the market and recorded losses.
Analysts attribute this withdrawal trend to the nervousness ahead of US presidential elections and the fact that the markets raced ahead even as the economic recovery remained fragile back home.
HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by HDFC Bank, Infosys, NTPC, Nestle India, TCS and HUL. NSE Nifty surged 337.80 points to 14,845.10.
Let's take a look at 25 most undervalued stocks in the market.
In only two of the past 12 occasions has the BSE S&P Sensex recorded a gain during the month before the Union Budget's presentation.
L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
Infosys slipped nearly 9% after the company cut full year revenue outlook for FY17.
ECB cuts rates to negative, Libor down to its lowest in 30 years
The budget has strong growth impulses and response of the economy is positive.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
If you have a short-term horizon, it might be better to wait for a while, say analysts.
The recent rally has seen investors' preference shift to high-beta and policy reform-driven sectors like capital goods, banking, power, infrastructure and oil and gas.
The government has promised to keep the deficit at 4.1%
December is packed with key economic and political events, both at the domestic and the global level, which will decide how foreign institutional investors (FIIs) fine tune their investment strategies
The liquidity-driven market rally since September, which has seen about $2 billion of inflows into the Indian equity markets, has propelled the benchmark the S&P BSE Sensex to a new high after about six years.
The air of expectancy around the election outcome has kept things heated.
With Satya Nadella set to become Microsoft CEO, more India-trained professionals are taking top positions in the world.
Capital goods and banking stocks catapulted the indices.
Technical fault was the reason behind it.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
Here's how to get high returns from equities...
The 30-share BSE Sensex closed at 20,822 down 72 points after touching a high of 21142.85 while the broader 50-share Nifty index closed at 6,187 levels down 27 points; the index touched a high of 6,289 today.
Key indices ended weak for a third consecutive session after a stellar rally.
In terms of stock selection, India continues to benefit from two phenomena - the big getting bigger and availability of quality stocks in relative abundance compared with its Asian peers.
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
India was already in the midst of a protracted economic slowdown before the virus hit due to a festering crisis among shadow lenders and declining consumer demand and private investment. Service sector activity in India is still effectively on hold.
The Sensex has slid 18.5 per cent from its January 2015 peak.
Markets ended way off their record highs as investors booked profits ahead of NDA's new cabinet and its key policy measures.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
It feels govt may find it challenging to meet the revenue projections.
True sustainable growth can come only through an increase in productivity, and such increases can happen only through innovations, technical and organisational, in all sectors of the economy - industry, services and agriculture, writes Ajit Balakrishnan.
RBI Deputy Governor K C Chakrabarty said the central bank will come out in June with its next financial stability report, which showcases the country's financial strength, and
Standard & Poor's, which has threatened to downgrade the country's sovereign rating to junk, sees economic growth improving.
