Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Mid- and small-cap companies seem to have done better than top-tier companies
Maruti, which is majority owned by Suzuki Motors of Japan, pays massive tax, generates huge employment (its staff are almost entirely Indians) and also makes its investors extremely rich. JLR, on the other hand, though owned by Tata has its factories in England and China and in every way (sales, employment, technology) has nothing Indian about it.
Daily wage earners and casual low income group workers were the worst affected
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
The derivatives expiry on Thursday is also expected to add to the volatility.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
The domestic car sales volume of the company is also growing at 15%
'Research shows that customers want their loans instantly.' 'So the team asked can we reduce the time for approval from 5 days to 30 seconds?' 'It took the company two years of hard work to tear apart our operations and processes and rebuild them through fresh ideas and by leveraging technology.' 'We reduced the time of loan approval to 3 hours and another year to get it down to 30 seconds,' Sanjiv Bajaj tells Surajeet Das Gupta.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
While FMCG companies lose Rs 98,928 crore in m-cap, consumer durables stocks are down Rs 20,673 crore since November 8.
Investors must be cautious and follow a prudent diversification strategy to mitigate against any risks in case of any unforeseen events.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Banks and realty among the most hit on account of high borrowing costs.
While the acceptance of cards, mobile wallets and banking apps is increasing, only 10 per cent of transactions take place through them.
Oil & gas, banking and pharma sector stocks stole the show
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
ICICI Bank on Friday reported 13 per cent rise in consolidated net profit at Rs 2,698 crore (Rs 26.98 billion) for the second quarter ended September 30, 2013.
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Tata, whose latest investment was in Ampere, a start-up that produces electric two-wheelers and three-wheelers from Coimbatore.
Indian companies are likely to shell out an average salary increment of 10.3 per cent in the current fiscal with employees in pharma, health care and life sciences projected to get 12.4 per cent raise, says a survey.
A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
Celerio's 793-cc diesel engine is the smallest in the market.
SBI had a tough journey in the last 40 years.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
With this increase, diesel prices have touched a record high while petrol is at a 56-month peak.
Pharma major Lupin and mortgage lender HDFC were the top losers.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
Documents such as PAN card, Aadhaar card, I-T return papers, which are used for KYC, can get leaked from a number of sources. Other prominent sources are the direct sales agents and photocopy shops, say Sanjay Kumar Singh.
The 30-share Sensex ended up 140 points at 28,262 and the 50-share Nifty was up 37 points at 8,551.
At present, it is trading at around $1,004 an ounce in the international market, about $150 cheaper than gold
Piped cooking gas rates are also increased by Re 1 with effect from midnight.
At Rs 470,000 for the base petrol variant, Tigor is now the cheapest compact sedan in the country
Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
Stocks and sectors impacted most by GST.