'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
When big offers hit the market, broader indices corrected 2-4%
Sesnsex ended the day flat on heavy selling pressure.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.
Be a disciplined investor for attractive returns, says fund managers.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
European Investment Bank to set up office in India.
Bankers of HPL too have endorsed the idea and are pitching hard for the chairmanship of Chatterjee.
Deutsche Bank India CEO has grand plans for the region.
Against all odds, the young and determined Varun Sharma has taken up the responsibility to bring electricity, education and empowerment to a remote tribal village in Odisha, says Manu A B.
After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course.
The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.
The broader NSE Nifty, after cracking below the key 10,300-mark, touched a low of 10,211.25, before finally ending 134.75 points, or 1.30 per cent, down at 10,226.55.
Within hours of rate cut announced by RBI, United Bank has reduced the benchmark lending rate by 0.25 per cent, while other banks including market leader SBI have indicated that they would follow suit.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
Mallya said the allegations of money laundering and stealing money against him are 'completely false'.
The focus is on tapping all resources, even foreign agencies.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
India Inc has few leaders who are likely to grab headlines in 2015.
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
'You can't take money from Shaktikanta Das (the RBI governor) and give it to Nirmala Sitharaman (the Union finance minister). She will blow it away on Modi.'
The government's step to curtail fiscal deficit is helping the central bank's monetary policy, Rajan said.
If India grows at 8 per cent, the Indian banks will grow much faster.
A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Markets snapped their 8-day winning streak.
'If the new rate is lower than your current rate, ask your bank to shift you to it.' 'This can be done by paying a fee of Rs 5,000 to Rs 6,000.'
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
Ganguly is one of the 11 members of the world cricket committee, chaired by Mike Brearley of MCC, which announced the new Laws of Cricket, to be incorporated in the ICC Playing Conditions.
