Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The 30-share Sensex ended higher by 30 points.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
The government on Tuesday announced hikes in import duties for gold and silver, but it has yet to unveil other details such as its plan to tax imports of non-essential items.
The index had risen over 585 points in the previous three sessions.
NTPC was the top gainer, spurting 4.28 per cent. Other winners were Bajaj Auto, Bajaj Finance, Sun Pharma, ITC, Hero MotoCorp, TCS, Yes Bank, HDFC, HDFC Bank and SBI, rising up to 1.38 per cent.
The BSE benchmark index is yet to give any indication on the monthly Fibonacci charts.
Stocks reeled under huge losses on Thursday as the benchmark Sensex plunged sharply by over 465 points, the biggest single-day fall in three months, after India carried out "surgical strikes" on Wednesday night on terror launch pads across the Line of Control.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Profit-booking and selling pressure on below-normal monsoon forecast, marred sentiments, traders said.
Higher disposable incomes, rural push and infra push to boost auto sector
In first half of year, firms raise more than banks on low US treasury rates.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
Large and small businesses alike have delivered low-key performances.
The calculation excludes cross-holding of listed group cos in each other.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Maruti Suzuki fell 0.7% even after its March quarter profit grew by 15.8% to Rs 1,709 crore in Q4
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.
'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
No capital came in through the approval route, while the rest of $9,86,681 was by way of issuance of rupee denominated bonds.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
The broader NSE Nifty rose nearly 124 points to settle just below the psychological 11,000 level.
Google is the most attracitve employer in India followed by Sony
Buying activity was so strong that all the sectoral indices except IT and technology ended in the green, rising by up to 3 per cent
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
Tata companies perform well while major firms in emerging markets do badly.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.