Roger Federer and Rafael Nadal powered to third-round wins at the BNP Paribas Open at Indian Wells on Tuesday to set up a mouth-watering rematch of their recent Australian Open final.
Former world number one Maria Sharapova lost her second consecutive first round match with a 6-4, 6-4 defeat to Japan's Naomi Osaka at the BNP Paribas Open in California on Wednesday.
The Finance Ministry further said decision on seven FDI proposals has been deferred.
Net sales growth for the quarter ended December (Q3FY20) was 4.5 per cent on a year-on-year (YoY) basis for companies that have declared their results so far, compared to an 8.4 per cent rise in the first half of the financial year. This indicates that there could be a further rise in days' sales of inventory.
The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore (Rs 23.26 billion).
Progress of monsoon, investment trend by foreign investors and the movement of rupee against the dollar will also influence sentiment
The BSE Midcap also cut all its intraday gains to shed 0.3% at close
Unseeded American Lauren Davis secured the first big upset of the BNP Paribas Open when she ousted third seed Victoria Azarenka of Belarus in the second round in Indian Wells on Friday.
Trading sentiment remained distinctly weak due to the cash crunch arising out of the government's move to demonetise Rs 500 and Rs 1,000 notes to flush out black money amid concerns about its impact on small and medium-sized businesses which largely run on cash.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Adani Ports, BHEL, Tata Motors, ONGC, Mahindra & Mahindra and Tata Steel were the top losers.
World No 3 Simona Halep turned up the aggression and rallied for a 5-7, 6-1, 6-1 victory over Carla Suarez.
After achieving the rare feat of being the World No. 1 in women's doubles for 80 consecutive weeks, Indian tennis star Sania Mirza has said it was very satisfying to be bracketed with the legends of the game.
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
World number one Roger Federer survived a scare from unseeded Borna Coric to beat him 5-7, 6-4, 6-4 in the BNP Paribas Open on Saturday and set up a final showdown with Juan Martin del Potro who cruised to a 6-2, 6-3 win over Milos Raonic.
Serena had said on Monday that she "can't wait for the future" as she warmed up for her return to the WTA Tour at the Tie Break Tens exhibition at Madison Square Garden.
The event played in one location over seven days in November could start next year, pending approval by the ITF Board.
Stanislas Wawrinka breezed into the fourth round of the BNP Paribas Open on Monday and saw another seed removed from his path to the final when lucky loser Yoshihito Nishioka of Japan turned his match against Tomas Berdych upside down.
Overseas funds have been spooked by several policy measures taken by the government in the past few years
Shares of Motilal Oswal Financial Services, Edelweiss Financial Services and IIFL Holdings have all doubled in the past one year against the Sensex's 23 per cent gain.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.
The S&P BSE Sensex ended the day at 28,226, up 85 points, while the Nifty50 settled at 8,734, up 18 points.
On the BSE, 1,493 shares declined and 1,236 shares rose. A total of 177 shares were unchanged
Roger Federer overcame a sluggish start to defeat Filip Krajinovic 7-5, 6-3 and Kevin Anderson's booming serve proved too much for Joao Sousa as the big names advanced to the fourth round of the Miami Open on Monday.
IMAGES from the matches played at the Miami Open on Thursday
The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.
Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session
NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.
While Reliance put up a good show, NTPC nosedived on the BSE on Monday.
Chris Evert said on Monday she was stunned to hear that Maria Sharapova failed a doping test, but not by the fact that there is doping in tennis, claiming that she knew players who doped during her career.
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
Serbian Jankovic was serving for the title at 5-4 in the second set but World No 3 Halep won the next three games and battled back for the biggest title of her career.
The 35-year-old Swiss, showing no sign of losing his edge, improved to 19-1 this year, winning the Australian Open in five sets over Nadal, and BNP Paribas Open in straight sets over fellow Swiss Stan Wawrinka.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.
At present, seven companies are planning to raise Rs 2,965 crore (Rs 29.65 billion) and have Sebi's approval. Another 12 firms, intending to mop-up Rs 5,362 crore (Rs 53.62 billion), have filed draft documents with the capital market watchdog and are awaiting approval, Prime Database managing director Pranav Haldea said.
SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.
Exodus of top managers an unintended side effect of roaring MF industry
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
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