Oil & gas, banking and pharma sector stocks stole the show
Strengthening of rules governing insider trading is among the key proposals in the agenda set by Sebi for 2018-19, along with making improvement to the Prohibition of Insider Trading Regulations (PIT) and Prohibition of Fraudulent and Unfair Trade Practices regulations.
In recent months, three companies - PC Jeweller, Vakrangee and Kwality - decided to withdraw their share buyback proposals
Nearly 400 stocks hit their 52-week low on BSE on Thursday.
After his previous visit, the Sensex crashed and it took four painful years to top the 21,000 mark.
Deven Choksey, managing director of broking firm, K R Choksey Investment Managers shares his concern about 'trading stoppages' with Rediff.com's Prasanna D Zore.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
To safeguard investor interest, stock exchanges BSE and NSE on Wednesday advised their members to take extra caution while trading in nearly 400 illiquid stocks.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
In a move to protect the interest of investors, the Securities and Exchange Board of India has asked a high-level committee to suggest guidelines for the power of attorney that investors issue in favour of their brokers. The agreements that are signed between brokers and investors are also up for review.
The broader NSE Nifty closed below the 10,200-mark by slumping 99.85 points, or 0.98 per cent at 10,124.905.
Ashish Chauhan is generous in his praise for his former bosses and doesn't flinch in pointing out the reasons why the BSE lost out in the initial years of the NSE.
Only a seasoned investor, who is clued on and has the resources to hold on or pay back the broker, should take such chances.
The broader NSE Nifty, in a volatile session, recaptured the key 11,300-mark. It ended at 11,369.90, up 82.40 points or 0.73 per cent.
The 50-scrip NSE barometer Nifty declined 43.80 points, or 0.41 per cent, to close at 10,570.55
The new wing will be known as the corporate finance investigation department, which will be headed by one of Sebi's executive directors. This department will have information technology solutions experts, particularly to detect the menace of frauds.
Friendships are not merely severed, but built over scuffles. And just about anything can stir things up -- a long-standing feud, a pointless stare, a disrupted moral stance, a fist that ricochets off a face and smacks another face in the near vicinity, observes Sreehari Nair.
Risk appetite improved on the back of a rally in global markets after the US stocks hit a fresh record high on Monday
The dollar has fallen not just against commodity-linked assets but against other asset prices.
Sentiments were also bearish largely in tandem with a sell-off in global markets as US Treasury yields surged to multi-year highs on robust economic data and comments from the Federal Reserve, sparking fears of accelerating inflation, brokers said.
While media reports suggested that Tata-Singapore Airlines is looking at an all-stock merger of Jet, Tatas, in a statement said, discussions to take over Jet Airways have been preliminary and no proposal has been made
'My father was asking me what an IPO is. He has no clue and he has never been an investor.' 'My mother, who was the one to ring the bell, has been an investor in Policybazaar for the past 6-7 years and I would say she has made good returns.'
Major gainers include L&T, Asian Paints, Vedanta, Tata Steel, Coal India, Infosys, M&M, Adani Ports, Maruti Suzuki, Axis Bank, HDFC, Power Grid, ONGC, Tata Motors, Sun Pharma, ITC, IndusInd Bank, HDFC Bank and SBI
Investor sentiment got a big push after Brent crude, the international benchmark, dropped below the $73-mark to quote at a seven-month low of $72.65
The hectic buying by domestic institutions, as also by some top-shot brokers in their proprietary accounts, was in sharp contrast to heavy selling of stocks by foreign portfolio investors
The NSE Nifty, however, ended a shade higher by 6.65 points or 0.06 per cent at 10,442.20
The broader NSE Nifty too dived by 131.70 points, or 1.24 per cent, to close at 10,453.05.
The broader Nifty closed higher by 7.30 points
Few financial products could match its derivative contracts that always sold at a premium. But the exchange forgot one crucial link: to back its contracts with solid assets.
Besides being young, one might also have to be a professional or self-employed.
Parikh was in Omaha for Warren Buffett's Berkshire Hathaway meet
Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
Funding from banks for capital market players has become highly restrictive with the recent squeeze in liquidity and the interest rates charged have also sharply increased.
Firms have to adhere to strict compliance requirements mandated by global parents
A handful of brokers upgraded their views on IT outsourcer Infosys Ltd after better-than-expected earnings on Friday spurred a nearly 17 percent rally in its shares, although some company watchers remain unconvinced it has turned the corner after a string of disappointing quarters.