Govt may not announce any new concessions in excise duty
TVS should be prepared for a rough ride as Bajaj Dominar, Mahindra Mojo, Royal Enfield Classic 350 and many others are stepping on the gas for a slice of this category.
Investors will maintain a cautious stance.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Additional levy to eat into Rs 6,000-crore income of top promoters
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
Oil and select auto heavyweights bore the brunt of selling pressure; ONGC, RIL, Tata Motors, M&M key losers.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
New electric and hybrid vehicles on display as manufacturers plug into environment-friendly segment.
Industry watchers attribute a lot of the current successes of the $6 billion Hero Group to how B M Munjal planned and executed succession in HeroCorp, balancing the interests of other family-owned businesses.
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The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
The updated Hero Xtreme packs in a lot of goodies which amplifies its value for money quotient even further, says Faisal Ali Khan of MotorBeam.com
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Sensex sinks into red at close on growth concerns.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Markets end almost flat, bluechips in focus.
Markets closed in the red on domestic worries.
Indian equity markets registered their highest single-day percentage gains since early October.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Participants are eyeing the Bihar elections.
The bias for the Sensex is likely to remain bearish as long as the index sustains below 18,900-odd levels. On the downside, the index could slide to 17,300-odd levels
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The Survey shows fiscal consolidation despite slowdown in growth.
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Markets ended lower on profit taking ahead of June F&O expiry.
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