Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
New electric and hybrid vehicles on display as manufacturers plug into environment-friendly segment.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Indian names that figure on the list, but lower down the pecking order include Tatat (101). Airtel (rank: 252), Infosys (287), Life Insurance Corporation of India (292), State Bank of India (334), HCL (390), Indian Oil (427), Reliance (445) and Larsen & Toubro (464).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Indian CEOs might like to make some serious course correction.
TCS still ace in the pack
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra answers reader queries on the stock market.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The breadth, indicating strength of the market was strong
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The demand has gradually shifted from 16-tonners to 25-tonners and is further shifting in favour of 31-t and 37-t trucks.
Gujarat, Telangana to roll out policies to encourage manufacturing
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
Transporters and other stakeholders said the vehicles that will be de-registered would mostly be the ones plying in smaller towns and interior parts of the country.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Sensex rises, Nifty ends at record high; RIL shares rally.
Sensex rises, snapping two-session losing streak; banks, auto gain.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
High ground clearance, a wide cabin and tall stance all mean that the Carens glides over bad roads with ease and comfort and an engine performance that is adequate in terms of the power of this vehicle, says Pavan Lall.
India Inc is ready to diversify into unchartered areas.
What will be the impact on the Euro itself? Will it devalue and to what extent?
India Inc has few leaders who are likely to grab headlines in 2015.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The National Highways Authority of India will this year witness the highest ever growth out of the last decade. But Gadkari himself admits his biggest failure as India's roads minister has been his inability to curb loss of life in road accidents.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Naukri.com's Hiring Outlook Survey for 2020 reveals the jobs and sectors that saw a surge in demand during the pandemic.
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