Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Among major gainers, ITC, Reliance Industries, Dr Reddy's and HDFC rose up to 3 per cent.
From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place.
The NSE Nifty ended at 3,643, up 3 points.
The NSE Nifty too soared by 118 points to close at 3641.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The Sensex slipped into negative territory, after opening 14 points up at 7,765.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
ITC, TCS and HDFC Bank emerged as the biggest gainers during the period.
The NSE Nifty is down 203 points at 3,135. Wipro, TCS and Jaiprakash Associates have crashed around 9% each to Rs 252, Rs 494 and Rs 66, respectively. Tata Motors has tumbled 8.7% to Rs 258. Hindalco, Infosys and Sterlite have plunged around 8% each to Rs 73, Rs 1,225 and Rs 269, respectively.
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
With rains once again lashing Mumbai, the Sensex opened weak and is now down 20 points at 7616. Nifty is down 8 points at 2304.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
The Sensex has ended 26 points higher at 6,036. \n\n
The Sensex has ended 46 points higher at 6,010.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Global markets trends, inflation, release of industrial output data and quarterly earnings will dictate movement of the equity benchmarks this week, analysts said, adding that volatility might continue amid slew of announcements of macroeconomic data at the global level too. Moreover, foreign fund movement, crude oil prices and trend in rupee would also act as major drivers for the equity market, they added. "The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.
Strong buying in auto, select heavyweight and other old economy stocks saw the Sensex close with a gain of 48 points at 6,451. The Nifty added 16 points to 2,043.
The Sensex opened on a positive note and is up 9 points at 5,074. The Nifty is up 3 points at
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
Tata Steel, others sell assets abroad after taking massive impairments.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Sensex opened weak and is now down 5 points at 7811. Nifty is down 9 points at 2372.
The Sensex slipped sharply towards the closing bell to finish the day with a loss of 62 points (0.93%) at 6,608.
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
The Sensex opened 13 points higher at 5,410, and soon climbed to touch an intra-day high of 5,418. However, profit-taking at higher levels pushed the index into negative zone to a low of 5,376.