Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
The order, which came on Monday, stated that revenue authorities cannot split the agreement when the parties to the agreement considered the royalty and technical knowhow as a single package.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
BSE-200 companies's list shows that 96 companies had woman directors.
The rally in index heavyweight ITC has boosted the sentiment across the board.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
Domestic and foreign companies pour in a slew of investments in Gujarat.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
IIP for November 2015 and CPI for December 2015 will be announced today.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
'Can a Wodehouse, an R K Narayan, a Scott Fitzgerald and yes, a Le Carre, with the sensibilities of a bygone era still captivate a modern reader's attention?' 'Le Carre is making a brave and hitherto successful effort,' says B S Prakash.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
Sensex climbs higher on favourable global cues.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Compared to their Indian peers, MNCs have higher return ratios.
Common people expect the government to be aggressive and opt for growth related measures in the upcoming Budget.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
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