Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to 2.39 per cent.
The country's second largest employer in the corporate sector has over 300,000 men and women on its roles in 50 countries.
Yes Bank, Wipro, Kotak Bank, M&M, Sun Pharma, Maruti, HDFC, Hero MotoCorp, Infosys, TCS, L&T, Bajaj Auto and HUL were among the top gainers, rising up to 6 per cent.
Oil tanked to a 7-year low as OPEC decided to maintain production.
Eyeing to become India's largest player in 2020 Adani Group plans to invest 70 per cent of its capital expenditure in clean energy and energy efficient systems.
TCS took the steepest hit among the top-10 firms as its m-cap plunged Rs 17,334 cr
They, however, called off their nationwide strike
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
If we basically expect the government to use taxpayers' money to intervene every time when there are some 'sunsets,' then I think you introduce possible moral hazards: Subramanian.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
When big offers hit the market, broader indices corrected 2-4%
Sector-wise, banking, IT, pharma and realty indices drove the market momentum.
The NSE Nifty settled the day 96.80 points, or 0.94 per cent lower, at 10,224.95
The first lot of 74 mines will be auctioned to specific end-users and allocated to state-owned entities by March.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
Four companies --TCS, Coal India, Wipro and Bharti Airtel -- saw decline in their market-cap.
9 top-valued Sensex cos see Rs 93,000 crore m-cap erosion
The rally was led by IT stocks, with TCS and Infosys rising up to 5 per cent. Yes Bank, on the other hand, was the biggest loser on both the bourses, cracking nearly 12 per cent
On a net basis, foreign portfolio investors bought Rs 446 crore worth of domestic stocks on Thursday and domestic institutional investors (DIIs) were net buyers to the tune of Rs 49.68 crore, provisional data available with BSE suggested.
As investors struggle to find quality stocks following the sharp rise in the benchmark indices, four brokerages give their picks.
Sustained foreign fund inflows and strengthening rupee are among the main reasons behind the market rally.
In an interview with Business Standard, CIL Chairman Singayapally Narsing Rao attributes the performance to volume growth but adds a decision on price hike will be taken at an appropriate time.
Rigorous pumping of water from the nearby abandoned mines is expected to begin on Friday.
The combined market capitalisation (m-cap) of five of the country's top10 firms grew by Rs 35,237.57 crore (Rs 352.37 billion) during last week, with Coal India emerging as the second most valued company after Reliance Industries.
The body, located 200 feet away from the bottom of the mine, was brought out using the Indian Navy's underwater remotely operated vehicle and an National Disaster Response Force boat on Wednesday, said operations spokesman R Susngi.
Market players said a big upmove by the market will depend on policy action by the government to revive economic growth and corporate earnings revival.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tata Motors was the biggest gainer in the Sensex pack, rallying 2.94 per cent. It was followed by Vedanta, Bajaj Finance, Sun Pharma, ONGC, ICICI Bank, Bajaj Auto, Tata Steel, RIL, HDFC duo, L&T and SBI, rising up to 2.78 per cent.
Power and Coal Minister Piyush Goyal warned that it would take years to alleviate coal supply shortages, which have reduced stocks at thermal power stations to their lowest since a huge blackout in 2012 cut off 620 million people.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Major gainers in the Sensex pack were Wipro, Kotak Bank, Infosys, Maruti, Tata Motors, L&T, IndusInd Bank, Hero MotoCorp, M&M, SBI, ONGC, HDFC Bank and HUL, rising up to 3 per cent.
Indonesian coal making its way to India provides about a third less energy than supplies from South Africa or Australia.
Both the indices closed at five-month highs, led by financial services, IT and metal stocks, amid persistent foreign fund inflows.
Kotak Mahindra Bank was the biggest gainer on both the indices, ending nearly 9 per cent higher following reports that Warren Buffett's Berkshire Hathaway Inc was planning to pick up stake in the private sector lender.
IT giant Tata Consultancy Services (TCS) on Tuesday slipped to fourth position in the list of the country's most valued companies, below Reliance Industries, ONGC and Coal India Ltd.
The company's market valuation stood at Rs 10,972 crore in morning trade.
In the Sensex pack, Axis Bank, Tata Motors, Infosys, Kotak Bank, HDFC Bank, RIL, Bajaj Auto, SBI, HUL, Tata Steel, Vedanta, HFDC, TCS, ITC and Sun Pharma jumped up to 4.64 per cent.
The judiciary has sent a strong message against crony capitalism.
The Sensex took less than two years to rally from the 10,000-mark it first hit in February 2006 to double that on that New Year's Eve.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances