In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
Positive cues from Asian peers also uplifted the sentiment.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30-share Sensex ended higher by 30 points.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
The analysis is based on the free-float market capitalisation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Markets climb higher tracking global cues.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
The Sensex ended in red on domestic concerns.
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
The good news for the group has come from the port business.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
BSE Bankex and Telecom indices led the fall.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
Markets gained for the second straight session to kick-off the September F&O series on a robust note.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
The breadth was neutral with 1,329 advances and 1,320 declines.
The Sensex had bounced back with gains of 94 points or 0.3%
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Meanwhile, IT index continues to be the top loser down 3.8%. Financial stocks witnessed renewed buying interest at lower levels.