'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
Infosys, Reliance Industries, TCS, HDFC, HDFC Bank, Maruti, SBI, IndusInd Bank and Kotak Bank led the gains on the Sensex, rising up to 2.53 per cent.
In Delhi, petrol price down Rs 2.5 a litre, diesel by Rs 2.25
Kwid has been a success in the country with the company having already retailed over 1.65 lakh units of the model since its launch last year.
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
Tata Motors is likely to launch the world's cheapest car as early as January 2008, turning a whole new chapter in the retailing of low cost vehicles.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The S-Cross will be available only in diesel engine options of 1.6 litre and 1.3 litre.
Aramco also plans to invest in building India's largest oil refinery on the country's west coast.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The Sensex finally closed with a gain of 52 points at 7,944 on the first day of the Samvat year 2062.\n
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
'The government's projections for 2019-2020 will be disappointing big time.'
Analysts mostly prefer domestic plays beside select films with foreign exposure.
'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'
Though Hero still leads by a wide margin in annual and monthly sales, for the first time, Honda has considerably bridged the sales gap with the Pawan Munjal-led firm in April lagging only by 12,134 units
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.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.
This is the index's biggest single-day fall in almost a month
ICICI Bank is planning to increase its home loan rates by 50 basis points "anytime before the end of the current fiscal".
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
The broader 50-issue NSE Nifty dropped 38.35 points, or 0.38 per cent, to close at 10,186.60
After paring some gains, the 30-share index settled at an all-time closing high of 28,008.90, up by 98.84 points, or 0.35 per cent, over the previous close.
However, the World Bank has projected India's GDP growth rate at 7.5 per cent for the next three financial years, including the current one.
The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis points, the bank on an average had passed only 29 basis points out of 75 basis points cut affected during 2019.
The 30-share index ended higher by 481.16 points or 1.91 per cent at 25,626.75 -- its highest closing since January 1.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Sensex may remain under pressure this week due to weak global factors.
Under its Turnaround 2.0 programme, Tata Motors will work to improve its sales capabilities -- "as the product itself is not enough" -- use experiential marketing to excite the market and cut costs to make its offerings more competitive.
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