Sensex ends in green, bluechips in spotlight.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Markets end almost flat, bluechips in focus.
Pharma shares extended losses after the government's ban on combination drugs.
The rising graph of the country's grapplers seems to be having no positive impact on the proposed Indian Wrestling League (IWL) as it has been postponed once again due to mild response from prospective franchises.
Banks stocks continued to trade weak along with FMCG major ITC.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
The good news for the group has come from the port business.
From inflation, central bank shifts focus to rupee stability and capital flows.
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
History beckons trailblazers Bengaluru FC as they lock horns with Air Force Club of Iraq in the summit clash of AFC Cup in Doha on Saturday, aiming to become the first Indian football club to clinch a continental title. Bengaluru FC have already created history by becoming the first Indian club to qualify for the final of a continental tournament after they defeated defending champions Johor Darul Ta'zim in the semifinals on 4-2 aggregate last month. Before this, the farthest an Indian club had advanced in a continental tournament was the two AFC Cup semifinal appearances by Dempo in 2008 and East Bengal in 2013.
'At a time when sports leagues are often smothered by the allure of spurious glamour, it is easy to forget what makes them so exciting in the first place: The sport itself.' 'At its core, the PKL has a fast-paced, engaging sport working for it.' 'Simply put, kabaddi, with its end-to-end action and oscillating fortunes, is almost never dull to watch,' says Dhruv Munjal.
Ruias to sell Essar Steel stake to strategic partners.
Lalgarh, once a nerve centre of Naxal insurgency in West Bengal, now represents a different place.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.
Adani Power bagged Jitpur mine in Jharkhand.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
Large and small businesses alike have delivered low-key performances.
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
Technical rallies and short covering may arise only if the markets break this 500 point band
Sensex seems to be under pressure on weak cues.
Political stability and a couple of big projects are pluses, but focus on medium and small industries is still missing.
The Mukesh Ambani-led Reliance Industries Ltd (RIL) might take a write-down on the KG-D6 block.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
Union Budget 2014-15 is positive for metals and mining companies.
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Markets ended at record closing highs for the second day in a row on institutional buying.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Investors remain cautious ahead of F&O expiry.
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