The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
Among Sensex firms, Eternal, Tata Motors, State Bank of India, Adani Ports, NTPC, IndusInd Bank, Bajaj Finance, Asian Paints, Axis Bank and Sun Pharma were the major losers. Bharti Airtel, Tata Steel, Mahindra & Mahindra, Hindustan Unilever, Nestle and Maruti were among the gainers.
From the Sensex pack, Tata Steel, Titan, Tech Mahindra, Wipro, Bajaj Finserv, Bajaj Finance, Nestle India, Tata Motors and JSW Steel were the biggest laggards. ICICI Bank, Axis Bank, HDFC Bank, State Bank of India and Kotak Mahindra Bank were the gainers.
From the Sensex firms, Power Grid, NTPC, Tech Mahindra, Bharti Airtel, Tata Motors, IndusInd Bank, Reliance Industries, Kotak Mahindra Bank and Maruti were among the laggards. Asian Paints, Wipro, JSW Steel, Hindustan Unilever, Bajaj Finserv and Mahindra & Mahindra were among the biggest gainers.
Hafiz Abdul Salam Bhuttavi, an United Nations-designated terrorist who trained the Lashkar-e-Taiba (LeT) attackers for the 2008 Mumbai terror attack and acted as the outfit's chief on at least two occasions, died in a prison in Pakistan's Punjab province while serving a sentence for terror financing, his aide said on Wednesday.
Will India extend their run to make it 8-0? Or will Pakistan be able to snap the streak?
ITC was the top laggard in the Sensex pack, tanking over 6 per cent, followed by HUL, Titan, Tata Steel, UltraTech Cement and PowerGrid. On the other hand, Tech Mahindra, L&T, Infosys, Bajaj Finserv, Kotak Bank and HDFC Bank were among the gainers.
PowerGrid was the top loser in the Sensex pack, shedding over 1 per cent, followed by Bajaj Finserv, ICICI Bank, HDFC, NTPC, HUL and L&T. On the other hand, Infosys, Reliance Industries, Nestle India and Martui were among the gainers.
'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'
Investor wealth slumped by a whopping Rs 5.3 lakh crore on Friday as the benchmark BSE Sensex crashed more than 1,900 points to post its biggest single-day fall in nearly ten months. At the close of trade, the total market capitalisation of BSE-listed companies eroded by Rs 5,37,375.94 crore to Rs 2,00,81,095.73 crore. The total market capitalisation of these companies stood at Rs 2,06,18,471.67 crore on February 25.
November 26, 27, 28, 29, 2008. Remember those horrific days and nights. Light a candle.' Remember those who died and those who survived.
India's National Investigation Agency is probing into his role in the 26/11 attacks carried out by Pakistan-based Lashkar-e-Taiba terrorists in 2008.
Who can forget the 1996 World Cup quarter-final in Bengaluru? Or Sachin Tendulkar's magical knock at Centurion in the 2003 World Cup? Or Kapil Dev-inspired India bowling out Pakistan 87 at Sharjah?
'As Rana is not an Indian citizen, our leverage on the US system -- whether it's their judiciary or the executive -- is very limited in that sense.'
Top losers in the Sensex pack included IndusInd Bank, Bharti Airtel, Tata Motors, Axis Bank, Kotak Bank, Bajaj Auto, Yes Bank, HCL Tech, HUL and Hero MotoCorp, falling up to 4.36 per cent.
The Law Commission had said that the BCCI should be brought under the RTI Act, noting that it falls under the definition of a public authority which has received substantial financing from the government.
Despite the Sensex's 74 per cent run-up over the past year, the Indian equity market could still reward investors if the expected revival in earnings materialises, according to market experts. Returns during the coming year are more likely to be in line with longer-term trends (the Sensex's five-year return is around 14 per cent). Several factors are expected to aid the market's performance this year.
The three-member committee -- comprising former Allahabad High Court judge Justice Rakesh Sharma, former Delhi Commission for Women chairperson Barkha Singh and lawyer Veena Gowda -- met in Mumbai to discuss the terms of reference.
The e-auction of television and digital rights, a first in cricket, was not concluded but the Indian board (BCCI) received a bid of 44.4 billion Indian rupees ($683 million) for consolidated global rights from an unidentified bidder.
It is learnt that Pandove had applied for indemnity under Rule 34 of BCCI constitution where the organisation pays on behalf of the member if he is slapped with a penalty while discharging his function.
Equity fund managers' other favourites are software stocks followed by pharma, finance and consumer non-durables
Now, chairman of selectors not secy to convene selection committee meeting at home
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
Market breadth depicted strength. There were almost 3 gainers against every loser on BSE
With the Supreme Court Friday rejecting Sanjay Dutt's petition seeking review of its judgement in the 1993 Mumbai serial blasts, top lawyers involved in the case said the actor has no option but to surrender and start serving his term before seeking relief.
Besides higher tax outgo, P-note issuers are worried about operational difficulties
The allegations by an unnamed person, who claimed to be an ex-colleague of Johri at the Discovery Channel, were posted on Twitter by an author, Harnidh Kaur, who later stated that she did not want the charges published nor her name used in the context.
The run-up to the 2014 Lok Sabha election is witnessing a parallel mobilisation apart from the campaigning for votes -- a movement to make the political parties realise the power of women who constitute 49 per cent of the population in the country. Sadly, it seems the 'Power of 49' movement has made no difference to the political parties in Rajasthan -- a state run by a woman chief minister and woman governor -- as far as giving tickets to women candidates is concerned.
'We don't trade with any business where we have specific concerns,' a De Beers spokesperson said.
The market breadth, indicating the overall health of the market, was positive
Sebi is looking at further tightening the norms for P-Notes to address concerns raised by the Special Investigation Team on black money.
Corporate clients form more than half of the business for most branded hotels, especially in cities.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Avoid fresh investments, as there might be more opportunities in the coming months, market experts tell Joydeep Ghosh
Pawar may not be in the Congress and heading a rival party having a love-hate relationship with it. But still he is considered the top Congress leader from Maharashtra, reports Sunil Gatade.
Commercial vehicles witnessed a fall of 15-17% in November as buyers struggled to meet margin money requirements, reports Swaraj Baggonkar.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.