Additional levy to eat into Rs 6,000-crore income of top promoters
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
Market participants are now awaiting Thursday's meeting of the European Central Bank
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Sensex in green in afternoon trade.
Cairn said it had initiated arbitration.
Geo-political concerns over death of a Saudi journalist, Brexit and likely breach in Italy's budget also kept investors cautious.
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 stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
The calculation excludes cross-holding of listed group cos in each other.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Seeking ArcelorMittal be declared ineligible to bid for Essar Steel, the petition cited Section 29A of the Insolvency and Bankruptcy Code which bars promoters of defaulting companies from bidding for stressed assets.
'That is important for Modi politically when he launches a do-or-die campaign seeking a renewed mandate in the 2019 poll,' says Ambassador M K Bhadrakumar.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Cairn files notice against India in $1.6 billion tax dispute.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Haven't you heard of the magical EVM machines? They can negate all our votes.' 'There is no hope. Modi is India's Putin.'
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
Cairn Energy of UK is seeking compensation from the Government of India.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
At 47 protests a day, the state has become the most restive in the country and investors are becoming increasingly wary
High interest costs and a weak rupee may raise overall debt, even as refinancing may not be an issue.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
The market breadth, indicating the overall health of the market turned negative from positive
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
In first half of year, firms raise more than banks on low US treasury rates.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
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