PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Mallya will now be the Founder Emeritus of USL
As a nationwide strike of trade unions hit banking and other services on Wednesday, business chambers pegged the loss to the economy at a staggering Rs 25,000 crore and said such "disruptive" actions can hit India's image as an attractive business destination.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
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
As liquid tightening measures were likely to be temporary, any change in lending rates would depend on the length of these measures, according to bankers.
Sensex rises, snapping two-session losing streak; banks, auto gain.
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
Biggest ever share sale by any private or public sector co in India.
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Event-based volatility could rise in the near future, increasing arbitrage opportunities.
The yellow metal is a safe bet in the long run.
The Governor had submitted his report to the Public Accounts Committee and put the blame on 'overall economic downturn'
The markets had been on an upward trajectory since August 2013.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
'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.
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.
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Banking as we know it will stand on its head in the next 10 years.
The next edition of attachments will be carried out under sections of the Criminal Procedure Code
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The government has also built in mechanism to protect investors from price fluctuation.
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The Sensex ended below 28,000 for the second straight day at 27,869.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
Be a disciplined investor for attractive returns, says fund managers.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
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