Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
According to sources close to the development, major domestic banks and institutions such as State Bank of India (SBI), Bank of India (BoI) and Life Insurance Corporation (LIC) have sought the permission of their respective regulators - the Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority (Irda) to participate in the equity derivatives market (F&O segment) as traders.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
India's state banks are under pressure to improve profitability.
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
A study of the top ten mutual funds' equity portfolios as on March 30 reveals that funds bought huge chunks of metal major SAIL, engineering stock KEC Infrastructures, while diluted their exposure to FMCG major ITC.
There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.
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.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
UTI Asset Management Company will float an initial public offer by March-end 2008 to help its sponsors State Bank of India, Life Insurance Corporation, Punjab National Bank and Bank of Baroda -- offload up to 50 per cent stake.
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
Neha Kapoor, 22, wants to buy a laptop and save for the future. Financial planning expert Gaurav Mashruwala tells her how she can achieve both goals.
There are certain key points that one must know when while applying for education loans
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Any NGO critical of the government is unlikely to receive a green signal. The new amendment will leave NGOs vulnerable to harassment. It was the NGO sector that helped provide compassion and food to millions of people during the lockdown. The new Bill will render such cooperation and camaraderie impossible in future, observes Rashme Sehgal.
.jpg)
The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
'Infusion of fresh capital, handsome growth in deposits and focus on recovery should bring Yes Bank back on the growth path in the next financial year,' observes Tamal Bandyopodhyay.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
Bank shares were the top losers along with index heavyweight RIL
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Credit card payments to buy fuel at petrol pumps will from October 1 not get a 0.75 per cent discount that State-owned oil companies had introduced more than two-and-a-half years back to promote digital payments.
Six firms have qualified for managing EPFO funds.
LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said
In 2012, Diageo signed a deal to buy stake in USL.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
Banks have started charging customers for payment of credit card bills through cheque and so paying online makes more sense.
The Reserve Bank of India (RBI) cut its key repo rate by a bigger-than-expected 50 basis points.
Reliance Industries raced to 52-week high on better than estimated earnings and announcement of bonus share.
Tata remains India's powerful brand with its value ring over $15 billion for the first time.
