Nifty ended down 31 points at 5,419. BSE market breadth was negative. Out of 3,008 stocks traded, 1,813 declined while 1,092 advanced.
Real reason for crashing gold prices is not Trump victory, says expert.
Nearly four decades ago, when Rakesh Jhunjhunwala was a young chartered accountant in training, he was paid a conveyance of Rs 60. Deductions would take away Rs 15 from this princely sum and he was left with Rs 45 by the time the allowance made its way to his hands. He would save as much as he could from this amount, so that he would have a small amount to spend when he met his friends on the weekend at Chicken Centre. This was an eatery popular with the young at the time, perhaps because food and drink were affordable even for those new to the workforce.
The Bharatiya Janata Party-led state government is acquiring groundnut at Rs 4,500 per quintal; the market price is Rs 3,500 per quintal
Street gave a thumbs down to Aditya Birla Fashion and Retail (ABFRL)-TCNS Clothing deal as analysts flagged near-term profitability risks for ABFRL with its latest acquisition. At the bourses, shares of the Aditya Birla group company tumbled 6.2 per cent in the intra-day trade, before settling 3.27 per cent lower at R 207.2. Those of TCNS, meanwhile, plunged 20 per cent to end at Rs 416.64.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.
Leading trade and industry chambers on Monday urged the investor community to remain calm and said the economic fundamentals were strong and the stock market crash was a "panic reaction".
Government companies are always looked with a shadow of doubt. Although STC has been performing well. But with the current market scenario, investors are vary of touching scripts which are not frontline and not as liquid, says market expert Pranav Sanghavi.
Call it the "Nano effect" but less than a month after Tata Motors displayed its competitively-priced small car at the Delhi auto show, prices in the 1.3-million used-car market crashed 15 to 30 per cent, if not more.
History shows that the large caps stage a fast recovery, whereas penny stocks continue to languish in the aftermath of a market crash. For instance, 884 penny stocks (those trading below their paid-up value and comprising 31.5 per cent of all traded stocks) have not yet seen their highs of May 10, 2006.
Gold prices hit one-month lows at the bullion market on Wednesday on sustained selling from stockists and investors in the backdrop of a crash in global market, while silver hit two-and-a-half-year low.
What do you think of this sharp rise in Sensex? Was it too fast? Will the market crash as rapidly as it rose? Will the bull run sustain? What should you do now?
Corrections are a part of the game and if you are a longer term investor and if you have spare cash I would use these large declines to pick up quality stocks, says market expert Pranav Sanghavi.
Asked if the result could have been different if Ronaldo had played from the beginning of the game, Portuguese fan Filipa Ramires said "it wouldn't have mattered".
'Adani can attract vessels at a much lower cost to Vizhinjam as he has the financial muscle to do so.'
HAL helicopters will be equipped with an 'Obstacle Avoidance System' that warns pilots of any obstacles in their flight path.
Markets suffered after other Asian indices closed in the red, tracking record-breaking losses at the Wall Street overnight.
The markets have moved deeper in the red on account of heavy selling seen in scrips across sectors.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
From The New York Times to BBC and The Guardian to The Washington Post, the historic event in India's space programme on Wednesday made headlines across the globe.
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.
The government on Monday said that the capital market regulator, the Securities and Exchange Board of India, is enquiring the sharp fall in share prices a week ago that had wiped off more than Rs 100,000 crore (Rs 1 trillion) of shareholders' wealth.
From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.
During the dot-com bubble, it had touched a high of 1.9.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
If the central banks act harshly now, the markets will crash and then rally. If they are hesitant, the pain will be prolonged, predicts Debashis Basu.
Investors who feel 'left out' by the run up in equity markets need not fret. They can still invest with a long-term view and make money.
