The S&P BSE Sensex has gained 149 points to open at 25,802.
Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
Discarded India goalkeeper Baljit Singh stood out with a man-of-the-match performance as Indian Oil won the Coal India 116th All India Beighton Cup Hockey tournament after a 2-0 victory over ONGC in Kolkata on Friday.
The Hockey Junior World Cup Men is scheduled to take place from December 8 till December 18, in Lucknow, the International Hockey Federation (FIH) on Thursday confirmed.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The broader NSE Nifty rose nearly 124 points to settle just below the psychological 11,000 level.
At least 15 miners were trapped in the 370 foot-deep illegal coal mine in Lumthari village of East Jaintia Hills district since December 13 and all efforts to pump the water out of flooded mine have been in vain.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
Sebi had acted against 10 brokerages after over 10,000 investors failed to get shares in last year's Coal India IPO in spite of legitimate applications.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The scheme, which was earlier implemented by the coal companies, has been extended for the current fiscal also.
Stock markets, which are facing the heat of political uncertainty over the 2G spectrum scam, have come under pressure as investors are pulling out their money to invest in the primary market.
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
Mergers and amalgamations will grow and deal sizes increase as the Indian economy expands, Venkat Anantharaman, managing director responsible for mergers and amalgamations, leveraged finance and equity corporate finance at Standard Chartered Bank in Mumbai, tells Sumit Sharma in an interview.
Pharma major Sun Pharma remained the worst loser in the Sensex pack for the second day in a row after reports that regulator Sebi may reopen the insider trading case against the company.
The decision assumes significance following the enthusiastic response from retail investors in the Friday's stake sale in steel major SAIL, which fetched the government Rs 1,715 crore (Rs 17.15 billion).
Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.
As of now, only Indian power, steel and cement companies can mine coal for their own consumption.
As many as 61 companies hit the primary market in the 2010-11 fiscal.
'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.'
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
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.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
Plans 'complete' agricultural solution in mining areas
The Bombay Stock Exchange's benchmark Sensex is likely to hit the much awaited psychological level of 21,000 this week, driven by the smart Reliance numbers and expectations of robust listing of the Coal India IPO, say analysts.
Investment banking sources said players with leveraged positions widely used this instrument. Even several foreign investors disallowed from investing in the market for failing to comply with regulatory norms have been using the PN route.
The actions points are: ease bottlenecks, promote growth, reap higher revenues and with them conduct another round of tackling bottlenecks.
According to estimates, there is a possibility of $24 billion being raised from major IPOs, including that of Coal India, SBI and Indian Oil, for the balance period of 2010-11.
Financial year 2010-2011 saw high wealth erosion for investors in the IPO market.
A new government has taken office in Australia, which has said it will review its predecessor's controversial proposal for a 40 per cent super-profit tax on mining revenues.
An articulate ex-banker and a chartered accountant by training, Piyush Goyal is particular about numbers.
In what seemed a political understanding, Trinamool Congress chief and Railway Minister Mamata Banerjee stayed away from a cabinet committee meeting where the government finally cleared two disinvestment proposals she had been opposing.
One person was killed and three were feared dead after a mishap at an underground mine at BCCL's Basantimata colliery in Dhanbad district.
Coal India Limited (CIL) proved a virtual gold mine for the government in the year gone by. The spectacular share sale of the world's largest coal miner ahead of Diwali added glitter and spark to the government's fund-raising plans through divestment in key PSUs.
The broader NSE Nifty ended at 10,888, a gain of 0.77 per cent or 83 points, after shuttling between 10,900.35 and 10,844.85.
The PSU had earlier this week filed the draft papers for its initial public offering, billed to be India's biggest issue, through which the government expects to raise up to Rs 15,000 crore (Rs 150 billion).
Reliance Industries has regained the top slot among Indian energy companies on the Platts global list
According to Religare, the revised announcement implies a significantly lower cash call on the markets -- from $32 billion over FY11-FY15 expected earlier to a total issuance of $9.4 billion over the same period (with $4.6 billion coming in from public sector units as against $26.3 billion earlier).
