Bengal, where the electoral discourse has mostly steered clear of divisive agenda, has been drawn into the vortex with the TMC and the BJP accusing each other of fanning communal sentiments ahead of elections.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Asian shares ended higher after a string of positive US economic data.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
Does a big multi-cylinder motorcycle need to be expensive? Royal Enfield does not think so, says Jehan Adil Darukhanawala.
Traders have all but given up attempting to predict where the new-year rout will end
People, who have been virtually been kept indoors because of heavy security deployment in the wake of removal of special status for Jammu and Kashmir and bifurcation of the state, were allowed to go to mosques in their localities without being asked any questions by security personnel.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
Soft crude prices will cut fuel subsidy bill and help contain fiscal slippage this year.
Airfares are at an all-time low because of fall in crude oil prices.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
In a chat on rediff.com on Thursday, market expert A Shyamsunder offered some valuable investment tips.
These items will remain under essential commodities segment till June-end, a move aimed at ensuring availability at reasonable prices and cracking down on hoarders/black marketeers.
The pandemic has forced us to reflect and re-evaluate our old habits and perceptions, says Anamika Sengupta.
WPI inflation even breached psychological level of 0% in Nov.
The sale is key to meeting the government's disinvestment target of Rs 2.1 trillion in the financial year 2020-21. So far, the disinvestment exercise has fetched the government Rs 34,845 crore during the current financial year.
Nifty ended at 5,378 -- down seven points. BSE market breadth was negative. Out of 3,020 stocks traded, 1,540 declined while 1,360 advanced.
Black clouds of smoke were billowing from the tanks, and could be seen at least from a distance of ten kms on the Jaipur-Tonk highway. District Collector Kuldeep Ranka told PTI that a charred body was clearly visible near the IOC tank premises, but it was not possible to reach and recover it.
Maruti has improved its sales in the recent past.
Higher levels could not be sustained as participants offloaded their long positions in view of September series expiry.
Jet Air shares rally on expectations that continuing troubles at rival SpiceJet will help it gain market share.
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
Defence PRO said that the forces have managed to restore normalcy in the areas they were deployed and have been continuously working to aid the civil administration.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Markets end in the red, midcaps in focus
'We owe our existence to the men in uniform, and we owe it to them to cleanse the armed forces by driving away every bit of corruption that eats into it,' argues Sudhir Bisht.
About 27,420 tonnes of Maggi noodles will end up in furnaces.
Dr Singh said that there was a need to re-look at the balance of power in the international financial systems. He said that this has been necessitated by the fact that bulks of the world's savings originate in Asia today and western institutions act only as intermediaries. This is a new power that the countries of Asia have acquired collectively, he said, and need to be given their due. The prime minister said: "The world system is not a morality play; it is a power game."
India Inc's quarterly profit registered its biggest drop since the stock market regulator made it mandatory for firms to announce quarterly results in March 1998.
While third quarter results do not reflect it, the sector's reluctance to cut interest rates points towards either high NPAs or wrong strategies.
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
As coal stocks at thermal plants fall to critical levels, economic recovery could be hi.
The bank plans to raise unsecured and rated Rupee Innovative Perpetual Debt Instruments, upper Tier or Lower Tier II subordinated debt during the remaining part of 2008-09 and 2009-10, SBI said in a filling to the National Stock Exchange. The fund not exceeding Rs 18,000 crore (Rs 180 billion) would be raised in tranches with a minimum maturity of over 60 months as per the RBI guidelines through structured deals or by private placement, it said.
The leaders of the world's wealthiest economies did not come up with any tangible solutions to solve the problem other than suggesting an increase in the production and refining capacities in the short term.
The Indian market has corrected a lot already. Valuations are clearly more attractive than they were earlier this year.
Like other central banks, the Reserve Bank of India is also concerned that spurt in food, commodity and oil prices coupled with fears of US recession could fuel inflation and slow down the economic growth. RBI Governor Y V Reddy and Deputy Governor Rakesh Mohan are also expected to deliberate on the impact of recent policy measures announced by the central bank.
Fuel efficiency was the platform that had been built by the market leader in the segment, fun was the Discover domain. By diluting the message, the brand lost its old customers and pushed potential buyers into the leader's fold.
According to data compiled by London-based Gold Field Minerals Services (GFMS) for the World Gold Council (WGC), the combination of a robust economy and buoyant stock market helped fuel purchases of the metal during the first eight to nine months of the year, despite gold breaching the psychologically significant level of Rs 9,000 per 10 grams in September.
