Asian shares ended higher after a string of positive US economic data.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Sensex is trading firm; FMCG, real estate going strong.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
he reason behind the cut in policy rate seems to be a slowing economy
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Global liquidity expected to continue amid ECB stimulus
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
The rupee fell to a two-year low of 64.84 against the US dollar.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Subrata Roy turned up at a New Delhi stadium, best known for hosting the Commonwealth Games, last week as part of his country wide Abhaar Yatra.
Railway Budget has not discriminated against any state.
Every evening when the lights glow in the huts of Gangapur village, the villagers thank two young men - Ajay Kumar and Somil Daga.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
Custodian banks are selling dollars for their foreign fund clients.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
Pharma shares extended losses after the government's ban on combination drugs.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The derivatives expiry on Thursday is also expected to add to the volatility.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The breadth was neutral with 1,329 advances and 1,320 declines.
'Modi followed a prime minister whose second term was marked by such tragic passivity that Indians, it would seem, are willing to go to great pains to help this one realise his ambitions for them.'
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
V Viswanand, director and head, Products and Persistency Management, Max Life Insurance, will answer your queries in an online chat September 3, between 2 pm and 3 pm.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
In refusing to accept its failure, the government has sowed the seeds of further damage: by keeping India short of cash; reducing the headroom for responses to seasonal spikes in cash demand; and increasing the chances that groups will panic at temporary cash shortages, says Mihir Sharma.
The preference for digital banking now cuts across all customer segments.
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
The Sensex ended in red on domestic concerns.
.jpg)
The rupee tumbled past 63.00 to the dollar, down about 2 per cent on the day and breaching the previous low of 62.03 hit on Friday despite a spate of measures in recent weeks by the central bank and government to defend it.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Mandakini pounces on Agastyamuni but pile-up created by cement mixer forces river to change course, leaving town mostly unharmed, says N Sundaresha Subramanian
Given the hotel's prime location, it is obvious that there will be some serious bidders trying their luck when an auction is held in the second half of this calendar year.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances