The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
It was the second straight week of gains for the benchmarks.
IndusInd Bank was down nearly 1% even after it reported a 21% rise in its fourth-quarter profit
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
In the Sensex pack, ICICI Bank emerged as the top gainer by rising 0.97 per cent, while Tata Steel advanced 0.92 per cent.
Fund managers say the recent fall is not going to sustain.
The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Analysts say no pressure on new CEO for immediate results.
The breadth, indicating the overall health of the market, was slightly positive
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
The BSE Mid-cap index gained 1.1% while the Small-cap index surged 1.3%, outperforming the benchmark indices
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
CLSA managing director & equity strategist Christopher Wood, and executive director Mahesh Nandurkar tell Puneet Wadhwa that the markets could give a return of around 10 per cent from the current level over the next year.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.
This is the highest closing for both the indices since May 15.
'I find the RBI edict to the Kotak Mahindra Bank to reduce Uday Kotak's shareholding very unreasonable,' says Sudhir Bisht.
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Favourable response to launches, recovery in CVs will aid growth.
It goes without saying that the best performers are in the private sector, says TN Ninan.
The underperformance comes amid liquidity concerns in the non-banking finance companies space and Essel Group default news.
The BSE Sensex was among the world's best performers in 2014, rising almost 30 per cent after Prime Minister Narendra Modi took office on promises of reforms to boost growth
Profit-booking by participants in view of the domestic markets' recent record-setting run fuelled the downtrend
Sensex, Nifty end the day in red ahaead of F&O expiry.
After a volatile session, Sensex closed the day 563 points lower
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