HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
Heavy unwinding by foreign portfolio investors and lacklustre equities dampened the sentiment
The source said logistics became a big issue for almost all the participating countries.
'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'
Meanwhile, IT bucks trend; TCS, Tech Mahindra and Infosys from IT pack were up 0.2-1.3%.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
'It is going to be a tough balance for the RBI to manage economic stability and ensure smooth government borrowing.'
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
He said cheap valuations, improving sentiment and the ongoing reform momentum coupled with increased transparency due to the internet are driving investors to the Dalal Street.
Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.
Markets will be open from 5.45 pm to 6.45 pm on Wednesday.
Kejriwal's centralised way of governance might work in Delhi, but Punjab will call for delegation, observes Sanjeev Nayyar.
As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
The 30-share Sensex ended down 324 points at 26,493 and the 50-share Nifty closed 109 points lower at 7,933.
Indrani was spiritedly telegraphing details of the jewellery from the back of the court...
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion from IPOs.
Christopher Wood, global head of equity strategy at Jefferies reiterate his bullish view on Indian equities on the back of a steady fall in Covid cases coupled with a sharp economic recovery in India, reports Puneet Wadhwa.
On the Sensex chart, Axis Bank, Titan, IndusInd Bank, HDFC Bank, Dr Reddy's, HDFC and Asian Paint were major losers.
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
Led by the weak trend in the broader market, the market capitalisation of BSE-listed companies plunged Rs 1,65,437.91 crore to Rs 1,38,54,439.41 crore.
Enrico Piperno, who was also India's Fed Cup coach says, lack of funding, support and infrastructure will cease creation of a top-50 player
'I was feeling so suffocated under Yogiji's rule.'
The 30-share Sensex ended down 249 points or 0.94% at 26,304 levels.
Frantic dollar demand from corporates along with an aggressive hedging strategy adopted by importers in the wake of the currency volatility predominately took a toll on the domestic unit despite moves by the central bank to stabilise the currency.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
From the 30-share Sensex pack, 23 scrips declined in Wednesday's session, led by IndusInd Bank, Bajaj Finance, Tata Motors and Tata Steel which fell by up to 3.87 per cent.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
The 30-share Sensex ended down 563 points at 25,202.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
'Being embarrassed when you mess up is part of the human experience.' 'Getting back up, dusting yourself off and seeing who still wants to hang out with you afterward and laugh about it? That's a gift.'
Billionaire Mukesh Ambani on Monday pressed for bridging the digital divide "both among nations and within nations", saying connectivity and communications have become the fundamental rights of every person. Also, there is a need to bring back the economies around the globe. Speaking at the Qatar Economic Forum, he said it is difficult to imagine what India would have been without the 4G telecom network during the pandemic. "The digital divide must be bridged, both among nations and within nations.
Reliance Industries was the top gainer in the Sensex pack, surging over 3 per cent, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank. NSE Nifty surged 143.25 points or 1.18 per cent to 12,263.55.
'This looks like a long-term bear market and there could be mounting losses in the near-term,' says Devangshu Datta.
Like ants declining to question the rules of the anthill, they feel innately justified in their approach, notes Shyam G Menon.
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
RBI will take a cue from the Fed policy statement.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
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