Aided by the new initiatives of the government, there has been a huge drop in imports
Broader market outperformed the frontline indices and also hit their respective all-time highs
Once Bhushan Steel is into its fold, Tata Steel will increase its capacity from 12.7 million tonnes per annum (mtpa) to 18.3 mtpa
Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The S&P BSE Sensex plunged 128 points to end at 25,102.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Housing sector to benefit from Budget.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Promoters of 517 companies have pledged nearly 46.35 per cent of their shares, the highest since the 2008 global financial crisis.
The broader markets are, however, outperforming the larger peer.
Out of 30 Sensex shares, 19 ended lower while 11 gained
China has cast a long shadow on India's economy.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Most Asian stock markets steadied on Wednesday.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The average rating was seven out of 10.
Metals bucked the trend and shone across the board.
The govt has hiked customs duty for metallurgical coke.
'Justice is done, I stand vindicated...' Yeddyurappa tweeted.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
From inflation, central bank shifts focus to rupee stability and capital flows.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Sensex ends in green, bluechips in spotlight.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Markets end almost flat, bluechips in focus.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster