India Inc will report good set of numbers in Q4.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
Most Asian stock markets steadied on Wednesday.
'Nehru once told JRD, "I hate the mention of the very word profit".' '"Jawaharlal, I am talking about the need of the public sector making a profit!" JRD replied.' 'Nehru reiterated, "Never talk to me about the word profit, it is a dirty word".' A fascinating excerpt from Shashank Shah's The Tata Group: From Torchbearers To Trailblazers.
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.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
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 S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
With rate cut expectations running high ahead of RBI meet this week, risk appetite improved especially in rate sensitive stocks
The rise in India Inc's market value was led by asset-light firms.
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex swung over 660 points both ways on alternate bouts of selling and buying before closing the day higher by 97.39 points, or 0.28 per cent.
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
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.
Both the indices ended at their highest levels since February 1.
A number of private companies have contributed to the development of ISRO's Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
The NSE Nifty also moved up by 12 points to 8,648.35.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Movement of rupee and crude oil prices will also dictate the trend
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This is the highest closing for both the indices since May 15.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Benchmark indices plunge 4.7% in the first full week of 2016.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
Sensex rises, snapping two-session losing streak; banks, auto gain.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
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