Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Biggest ever share sale by any private or public sector co in India.
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
The RBI, which has no interest or mechanism to get feedback from bank customers, is unaware of this. If made aware, it remains silent, proving that it has no problem in allowing lenders to short-change its customers, says Debashis Basu.
LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The RBI's reluctance to cut rates should be seen as a case of inability in the face of inflation.
Sensex rises, snapping two-session losing streak; banks, auto gain.
Investors in LIC's insurance and other schemes are receiving a lower rate of return because LIC is subsidising incompetence at best and malfeasance at worst in institutions such as IDBI Bank and IL&FS, says Jaimini Bhagwati.
Coal India was the biggest gainer on both Sensex and Nifty
The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
The derivatives expiry on Thursday is also expected to add to the volatility.
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.
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'
The markets had been on an upward trajectory since August 2013.
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Be a disciplined investor for attractive returns, says fund managers.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
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