No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Gujarat, the home state of Prime Minister Narendra Modi and portrayed as 'growth engine' of India has witnessed a steep fall in new investments for the second quarter of 2014-15 compared to the first quarter of the same fiscal.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
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Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Sensex, Nifty put up a good show in closing trade.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
A ministry spokesperson said he wasn't aware of the development.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
BSE Bankex and Telecom indices led the fall.
In many cases, all that is required is a final letter from the ministry
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
Technical rallies and short covering may arise only if the markets break this 500 point band
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
Indices reversed all its losses during late trades.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Weak monsoon forecast rekindled fears of higher inflation.
Even while the union budget may not have announced many direct schemes for Gujarat, the state has been a major beneficiary under Prime Minister Narendra Modi's first 100 days in office.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
Markets ended at record closing highs for the second day in a row on institutional buying.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
The project has been delayed by three years, after a consortium of Port of Singapore and ABG Ports, which had won the bid by offering to share more than 50 per cent of the revenue with JNPT, backed off from the project, citing several reasons.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Modi's'Make in India' drive launched last September included laying out a model of "port-led" development that would support industrial growth.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
Adani's $15-billion Carmichael coal mine is stuck since 2010.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Summing up the year gone by, Sebi Chairman U K Sinha told PTI that the regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013.
By refusing permission for the proposed ship-breaking facility, India can send a categorical message to the foreign ship owning countries that they should keep their own waste and recycle
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