Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Most of the index heavyweights are yet to declare their results.
Top corporates have paid more advance tax in second quarter this year.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
In first half of year, firms raise more than banks on low US treasury rates.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tata Consultancy Services (TCS), the group's biggest cash generator, overtook Vedanta to become the highest dividend payer in India in FY23. The IT services major paid Rs 42,090 crore for FY23, up 167.4 per cent from Rs 15,738 crore for FY22. The 10 biggest payers together shelled out Rs 2.06 trillion for FY23, more than double the Rs 98,371 crore for FY22.
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.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
The combined dividend payout by early-bird companies -- those that have declared their results for FY21 -- is up 8.9 per cent, lower than the 21.9 per cent rise in in FY20 but ahead of the underlying growth in India Inc business last year. Combined net sales of these early birds were down 1.8 per cent last financial year while net profit was up 27.3 per cent in FY21. Some top companies that have stepped up dividend payout in FY21 include Hindustan Unilever, Indus Towers, Tata Steel, Ultratech Cement, Larsen & Toubro, Dabur, Asian Paints, and UPL. In contrast, banks have skipped dividends under an RBI diktat while companies such as Marico, TCS, Maruti Suzuki, and Godrej Consumer are paying lower dividends for FY21.
Benchmark indices plunge 4.7% in the first full week of 2016.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
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.
The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.
More than 10% (40 of 498 companies) have lost at least half their market value.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
Investors booked profits in recent gainers
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The rise in India Inc's market value was led by asset-light firms.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Metal shares were the top gainers with Hindalco up over 5%.
Movement of rupee and crude oil prices will also dictate the trend
Sentiment was hurt after market regulator Sebi directed bourses to initiate action against 331 suspected shell companies.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Market cap of government companies has remained unchanged in the past 8 years.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
