Within IIP, the capital goods sub-index has contracted for seven continuous months, suggesting investment demand continues to be weak.
TCS was the top gainer in the Sensex pack, rising around 4 per cent, followed by ONGC, ICICI Bank, HDFC Bank, Dr Reddy's, HDFC and HCL Tech. NSE Nifty advanced 76.65 points to 14,581.45.
'The Indian cement sector is the most energy-efficient worldwide, mainly due to modern technology used in the plants but also because of efficient monitoring of a plant's performance on a daily basis, focusing on energy savings and carbon dioxide emission reductions.'
Markets and blue chip stocks may see a downward correction in short-to-medium term.
The six core infrastructure industries -- crude oil, petroleum refinery products, coal, electricity, cement and finished carbon steel-- had registered a growth rate of 3.6 per cent in January 2008.
Ajit Mishra answers reader queries on the stock market.
The eight core sector industries have a weight of 37.9 per cent in the overall Index of Industrial Production.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
Premiumisation, improving demand aid realisation growth at most large firms
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It is developing ash parks at Varanasi, Raipur, Pune and Cuttack, to make it available to ash-based product manufacturing units at these centres. It recently signed an agreement with NHAI for supply of ash for use in road construction.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The growth rate was much higher a year ago at 8.7%.
Geopolymer concrete features greater corrosion resistance, substantially higher fire resistance (up to 2400 degree F), high compressive and tensile strengths, a rapid strength gain, and lower shrinkage.
'I'm a guy who tries to find humour in every situation, no matter how difficult and serious, without offending anyone.'
It hit more than a year's low of 1.8 per cent.
India's export basket for Pakistan has a limited portfolio as Pakistan has not given 'most favoured nation' status to New Delhi and such goods have ready market in South Asia and the Middle East.
Except for crude oil, natural gas and fertilisers, all other segments registered healthy growth.
Govt to issue ownership rights of 15 coal mines on Mar 23.
It plans to introduce a total of eight products in the country in 2017-20, of which three will be completely fresh while the rest will be new versions of the existing ones
With the threat of a third Covid-19 wave looming large, companies are scrambling to protect employees and keep operations safe--from a no-jab-no-entry-at-workplace policy to ramping up vaccination, it's an all-out effort to prevent the scale of devastation seen in the first two waves. At least two top steel companies--Tata Steel and ArcelorMittal Nippon Steel India (AM/NS India)--are pushing for vaccination certificates for entry into work premises. AM/NS India, a joint venture between world's leading steelmaker, ArcelorMittal, and Japan's Nippon Steel, is set to make vaccination the certificate a requirement from July 1.
The core industries that also include coal, electricity, cement, petroleum refinery products and finished steel, and carry 37.9 per cent weight in the Index of Industrial Production, had grown by 5.8 per cent in May last year.
He again assured farmers that the existing government support system for them will continue.
Essar has entered into an agreement with Maple Leaf, a cement major there, for its supply and has already delivered 15,000 tonnes of petcoke.
ndia has become the world's second largest market of asbestos as the government backed by powerful corporate lobby turns a blind eye to diseases related to the use of the hazardous chemical.
Now with 13-14 million-tonne capacity, Nirma will emerge as a serious player in India's cement landscape.
Banking services, insurance premium and investment management are likely to cost more.
'It was only after D-Day that people believed that I had actually directed Kal Ho Naa Ho.'
Driven by coal and petroleum refinery, eight core sector industries registered eight-month high growth of 6.5 per cent in October, a trend that is in contrast to fall in country's overall economic growth in July-September period.
The key sectors -- crude, petroleum refinery products, coal, electricity, cement and finished steel -- also showed marked improvement in March when compared to the 4.7 per cent in February.
'They can shift to dynamic asset allocation funds to automatically rebalance their equity exposure.'
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
Spending continues to be less as people who are getting direct benefits from the government are choosing to save in the current situation.
India's key infrastructure industries posted a handsome growth of seven per cent in July on the back of a surge in electricity generation, and cement and coal production.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Launching the auction of mines for commercial mining, that is expected to garner Rs 33,000 crore of capital investment in the country over next five to seven years, Modi said it not only marks the beginning of unlocking of the country's coal sector from the "lockdown of decades", but aims at making India the largest exporter of coal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.