Traders blame demonetisation for subdued demand in retail segment
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
TCS still ace in the pack
Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed banking venture, with each having 4-5 per cent stake.
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
The numbers in India may not be as big but the opportunity for serious growth is all there.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
Despite their promised and announced reduction in power prices, the Arvind Kejriwal-led Delhi government may want keep the issue on the burner for sometime longer, since none of the concerned players are ready to give an inch, and seem raring for a fight, says Upasna Pandey
Deal to help RCom reduce debt, Sun gain subscribers in new markets
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Global cues lift Sensex 364 points; Nifty ends above 8,650.
'If you look at this Budget, except for the Rs 2 increase in petrol and diesel, there is no positive or negative impact from the Budget for the common man.'
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
'Should the government be in the business of running banks?' 'Particularly when it does not have the fiscal strength to continuously infuse capital into such banks?'
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
The 50-share NSE Nifty ended at 9,143.80, up 43 points, or 0.47 per cent, after moving between 9,153.15 and 9,109.10.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Indra Nooyi joins several prominent persons of Indian-origin who have donated generously to US universities.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
India's billionaires are pledging a decent amount of their wealth for the welfare of society.
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
The breadth, indicating the overall health of the market, turned negative from positive
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
EduBridge is emerging as a strong player in training unemployed youth.
Almost half of that market is in India's villages.
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
Investors must be cautious and follow a prudent diversification strategy to mitigate against any risks in case of any unforeseen events.
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
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