'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
Sensex may remain under pressure this week due to weak global factors.
Sensex climbs higher at close, bluechip stocks in focus.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
'When the Brexit bomb goes off, the shrapnel will wound us.' 'We will in the time-honoured tradition apply band-aids all over.' 'Those who shout the loudest will get economic relief like interest rate reduction and debt restructuring.' 'Others will go on living lives of quiet despair,' says S Muralidharan.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Amit Jaiswal, head of academics, MockBank.com shares expert advice with our young aspirants.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
Weakness in Infosys, L&T and Hindalco cap index gains.
As of June, the gross NPA of nationalised banks was 3.89 per cent and State Bank Group at 5.50 per cent.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
The Sensex had bounced back with gains of 94 points or 0.3%
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The focus is on tapping all resources, even foreign agencies.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
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