It is ranked 7th on the list of world's top-10 consumer finance firms
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Cumulative sale at India's top six passenger vehicle (PV) makers dropped 0.7 per cent to 267,000 units, from 269,000 a year before.
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
Prime Minister Narendra Modi and industrialist Mukesh Ambani feature amongst the most searched personalities online this year, according to search engine Yahoo.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
Reliance Power is yet to get a new CEO after J P Chalasani quit as managing director and chief executive officer.
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
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).
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
Index heavyweights ITC was the top gainer along with RIL and HDFC
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Other gainers included Kotak Bank, HCL Tech, ONGC, Asian Paints, Vedanta, HDFC Bank, Bajaj Finance, Maruti and TCS, gaining up to 1.41 per cent. Sun Pharma was the top loser, cracking 8.58 per cent.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
Markets closed the day in green on favourable domestic factors,
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The weakness in the rupee and broader markets has led to evaporation in the market cap.
.jpg)
RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
Ajit Mishra answers reader queries on the stock market.
