Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
'What motivated us was that a lot of people, especially youngsters, had a negative image about India.'
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
The 30-share Sensex ended down 215 points at 27,011.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
The one common theme across companies that have rewarded shareholders is consumption.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
The Aam Aadmi Party (AAP) has to deal with 3 powerful enemies: the media, the political establishment, and business houses.
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
Investors can take heart from the first Cabinet meeting in the second innings.
Asia's falling stocks have triggered an exodus of funds from the region.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
Pharma major Lupin and mortgage lender HDFC were the top losers.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
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