The Sensex has now lost 878.32 points in six sessions -- its longest string of losses in six months.
Analysts say that PMC Bank case is only going to make matters worse for HDIL and the Wadhawans.
Godhwani's exit comes at a time when the company's fund raising plans and proposed related party transactions are under scrutiny, says N Sundaresha Subramanian.
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
The total market capitalisation of BSE-listed companies fell by Rs 1.36 lakh crore to Rs 93.33 lakh crore.
AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
Industry staring at a record surplus by next year
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
Half a dozen companies looking to tap the market as the Indian rupee stabilises and oil prices cool down.
Longest period of price-earnings expansion in the index since 1996
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
Value investor Parag Parikh's sudden death has come asa big jolt to the fraternity.
Gold plunged by Rs 130 per ten gram at the opening and touched a five-month low of Rs 5180 on the bullion market in Mumbai on Thursday due to heavy selling spree.\n\n\n\n
The Sensex, after conceeding over 100 points on Friday, opened 23 points lower at 4,810.
From output surge to lack of cold storage, not much attention has been given to the potato farmers. The export market, too, is bleak, due to unsuitable domestic varieties and an underdeveloped food processing value chain.
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
Sentiments were also bearish largely in tandem with a sell-off in global markets as US Treasury yields surged to multi-year highs on robust economic data and comments from the Federal Reserve, sparking fears of accelerating inflation, brokers said.
The Intel Capital-funded portal bets big on its 'Big Business' plan to drive growth and is in talks with investors to raise up to Rs 300 cr.
These are the television shows that will crackle and pop a lot longer than anything you'll get your paws on.
The demand for milk and milk products slumped during the Covid-19 lockdown mainly from hotels, restaurants, sweetmeat shops which were shut to control the spread of the disease.
'An upswing in corporate performance should last at least three years.' 'Today there is some concern globally about excessive debt, which could cause unpredictable shocks down the road.' 'Domestically, if the minders of the economy are watchful about over-heating, we could avoid a repetition of the boom-bust cycle of the past,' says T N Ninan.
The markets sensing a hung Parliament shed 110 points at 5248. Nifty too lost 34 points at 1677.
Oil tanked to a 7-year low as OPEC decided to maintain production.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
Union Finance Minister P Chidambaram, during his two-day visit to Mumbai will interact with brokers, bankers, investors and industrialists. The finance minister arrives in the city on Wednesday afternoon.
Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
Markets went off the rails as Sensex crashed 1,689 points and Nifty over 541 points in early session after a surprise Donald Trump win and the government's move to withdraw high value notes, but managed to pull back towards the fag-end of the day to close 339 points lower.
Onion has become costlier by over 33 per cent in the last one week and over 70 per cent in September so far, reports Dilip Kumar Jha.
Q3 results have been poor but better than extremely low expectations.
The 30-share Sensex ended down 69 points at 28,192 and the 50-share Nifty closed 20 points lower at 8,551.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
Since trading in virtual currencies is not illegal, they traded in cash or through barter in some instances.
The Budget has relaxed a few safe harbour rules that aim to make it easier for fund managers overseeing offshore India-focused funds to relocate to the country.
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