Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The broader NSE Nifty cracked below the key 10,400-mark to touch a low of 10,336.30, before finally ending 15.95 points, or 0.15 per cent, down at 10,410.90.
The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.
On a weekly basis, the Sensex scored a moderate gain of 76.57 points, or 0.22 per cent while the Nifty rose 8.75 points, or 0.08 per cent.
It is important to know the company you are putting money in. And it isn't difficult either.
Investors will get the money directly in their demat accounts or through their brokers. They won't get physical delivery any more.
While Airtel has hiked the limit to 100 per cent in principle, the company needs to address some issues on overseas investment limits in subsidiaries, before the changes come into effect. Until then, the cap on foreign ownership will remain at 49 per cent under the automatic route.
The proposed move, which would come into force from December 24, follows market regulator Sebi's directives regarding pre-trade controls that where necessitate after 900 points flash crash in benchmark Nifty due to erroneous trade.
Wipro, India's third largest information technology (IT) services company, is expected to continue with its strong show during the October-December quarter of financial year 2014.
Within a day of announcing advancement of opening to 0900 hours from December 18, NSE along with India's oldest stock exchange BSE deferred implementation of the proposal to January 4 to give more time to the brokerages to align their operations.
At the Interbank Foreign Exchange market, the domestic unit resumed lower at 54.42 a dollar from last weekend's close of 54.28 and declined further to a low of 54.52 on initial hesitancy in share markets and dollar demand from importers, mainly oil refiners, and some banks.
Losses largely came from the metal index, followed by power, infrastructure, realty, PSU, oil and gas, capital goods, FMCG, healthcare, auto and banking.
A day before the Reserve Bank's quarterly review tomorrow, the Bombay Stock Exchange benchmark Sensex today closed higher by a marginal 74 points even as brokers and fund operators maintained a low profile.
An appreciating rupee, sustained buying by domestic institutional investors, fresh foreign capital inflows and encouraging start to the earnings season contributed to the uptrend
In a key change in its stance, the Securities and Exchange Board of India said it is keeping its options open on banning short sales, which a section of brokers believes are responsible for the collapsing stock market. The benchmark Bombay Stock Exchange Sensex fell below 10,000 Friday, the first time since July 2006.
The NSE Nifty closed lower by 44.55 points, or 0.39 per cent, at 11,234.35. Intra-day, it shuttled between 11,332.05 and 11,210.90.
Sensex crosses 19,000-mark for the first time since October 5.
The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
This is its biggest single session gain since April 5, when it had surged 577.73 points.
Infosys was the top gainer in the Sensex pack, closing 7.20 per cent higher as investors cheered its financial results. The IT major posted better-than-expected 5.3 per cent rise in its June quarter net profit, and raised revenue growth forecast for the current fiscal.
The NSE Nifty after shuttling between 10,408.65 and 10,224 points, ended 58.30 points, or 0.57 per cent, lower at 10,245.25.
Brokers said a weak trend in euro in overseas markets also dampened the rupee sentiment against the US dollar.
Operators of such trading rings allow people to trade in equities outside the stock exchange platform.
The Bombay Stock Exchange (BSE) is looking at picking up stakes in regional exchanges, which have to demutualise by August-September 2007.
A common factor that binds all these men is greed.
Those who do their homework and conduct due diligence before putting in their money could stand to gain significantly.
Managing director and CEO of BSE Institute, Ambarish Datta, explains why courses offered by it are valuable and why those doing these courses stand a better chance in the job market.
The 50-share NSE Nifty stayed in the green for the most of the session and hit a high of 10,397.70, before closing at 10,379.35
Financial, capital goods, IT, power and oil and gas sector stocks hogged the limelight, helped indices to reclaim their key level.
The broader NSE Nifty climbed 61.60 points, or 0.58 per cent, to close at 10,772.05.
Appreciating rupee against the dollar and fresh buying by domestic institutional investors added to the momentum
Top losers include ONGC, SBI, PowerGrid, L&T, Yes Bank, Asian Paints, Bajaj Finance, Maruti and NTPC, falling up to 2.84 per cent. On the other hand, gainers include Tata Motors, TCS, HDFC, HCL Tech, Infosys, ITC, HDFC Bank and HUL, rising up to 2.18 per cent.
Media, brokers and bullion traders have been predicting various numbers which gold will touch subsequently.
Market regulator Sebi on Monday assured the investors not to panic over the crisis in the Global Trust Bank with its Chairman G N Bajpai saying that there was no problem of settlement and stock market will function "normally".
The capital markets regulator exonerated former employees Subramanian Anand, Ravi Apte, and Umesh Jain, with respect to charges levelled against them.
The rupee on Tuesday again breached the 56-level by falling 12 paise to 56.05 against the US dollar in early trade on the Interbank Foreign Exchange on increased demand for the American currency from banks and importers.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances