Gains were led by Tata Motors amid robust sales in June along with select financials.
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
It is ranked 7th on the list of world's top-10 consumer finance firms
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Our focus around technology, cost efficiency, persistency and effective distribution channel will continue, says the ICICI Bank MD and CEO.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Home loans also pose lower bad-debt risks for the banks than corporate loans.
Monetary transmission has been an issue for the Indian banking sector.
The biggest private sector lender, are swarming the market with discounts and special offers
The agreement came in after the Ruias agreed to clear most of the Rs 26,000-crore dues to the lenders on completion of the transaction.
Today, the economy requires a certain amount of push not just from the monetary policy but also from its transmission: Das.
Deutsche Bank India CEO has grand plans for the region.
A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.
The Sensex swung over 660 points both ways on alternate bouts of selling and buying before closing the day higher by 97.39 points, or 0.28 per cent.
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
These funds carry low risk and should be able to beat the returns from fixed deposits.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Sensex closed over 118 points down on Thursday.
The markets opened on a strong note due to continued optimism on the back of expected robust third quarter corporate performances
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
The Arun Jaitley-led finance ministry reiterated banks should act tough on wilful defaulters.
Nifty snaps 10-day winning streak
SBI remains a favourite of most brokerages in the PSB segment.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
For the week, the Sensex recorded a fall of 371 points, or 1.10 per cent, and the NSE Nifty 130.75 points, or 1.25 per cent.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances