BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
State-owned fuel retailers, who control 95 per cent of the petrol pump sales, sell diesel at government-fixed rates, which are way lower than the cost of production.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Bajaj Finance was the top laggard in the Sensex pack, tumbling over 4 per cent, followed by Asian Paints, Bajaj Finserv, HCL Tech, Maruti and Infosys. On the other hand, IndusInd Bank, SBI, HUL, Tata Steel and ITC were among the gainers.
Reliance reported record pre-tax profit from its retail and telecom businesses. The two now account for nearly 32 per cent of EBITDA, up from close to 25 per cent previously.
RIL, ICICI Bank, Tata Motors and ONGC alone contributed to a 100 point cut seen on Sensex.
Harvey is the most powerful hurricane to hit the United States mainland in 12 years on Saturday made landfall in central Texas coast with winds of 195 kmph.
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Axis Bank was the top loser in the Sensex pack, skidding over 3 per cent, followed by IndusInd Bank, Titan, HDFC, ICICI Bank, ONGC and HDFC Bank. On the other hand, Reliance Industries, Sun Pharma, HUL, Bharti Airtel and TCS were among the gainers.
The Indian economy can grow if it is delinked from the slow growth in the West and the deceleration in China, says Ashok K Lahiri.
Even if the central bank doesn't pull the trigger later, it is still expected to by the end of the year.
Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.
IndusInd Bank, ITC, HDFC Bank, Tata Steel, HDFC, ICICI Bank and Reliance Industries are also among top gainers. SE Nifty jumped 52.35 points to finish at 11,322.50.
Bajaj Finance was the top laggard in the Sensex pack, tanking up to 8 per cent, followed by M&M, Tata Steel, Bajaj Auto, ONGC, HDFC Bank and Kotak Bank. On the other hand, TCS, Tech Mahindra, HUL, Axis Bank and ITC were the top gainers.
Former prime minister Manmohan Singh said India is poised to take advantage of globalisation and engage in trade to finance its imports through exports.
Ultratech Cement, TCS, Kotak Mahindra, M&M, Maruti, IndusInd Bank and Bajaj Auto were the prominent gainers. On the other hand, ICICI Bank, Nestle, Asian Paints, ONGC and ITC ended in the red.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
In the Sensex pack, HDFC, ONGC, Bharti Airtel, Titan, Asian Paints, Mahindra and Mahindra and TCS were the prominent gainers. On the other hand, ICICI Bank, IndusInd Bank, NTPC, UltraTech Cement, Tech Mahindra and SBI were among the major laggards. On the other hand, HCL Tech, Tech Mahindra, HUL, Bharti Airtel and ICICI Bank were trading in the red.
PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.
Gold import this financial year is estimated at 945 tonnes.
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
Bharti Airtel was the top gainer in the Sensex pack, rallying around 4 per cent, followed by Bajaj Auto, TCS, Titan, HCL Tech and Reliance Industries. On the other hand, IndusInd Bank, Tata Steel and HDFC Bank were among the laggards.
Despite difficult working conditions, Indians are still seeking jobs in Gulf countries
Asian Paints was the top gainer in the Sensex pack, spurting over 4 per cent, followed by Bajaj Finance, Bajaj Finserv, IndusInd Bank and Maruti. On the other hand, Titan, HCL Tech, Infosys, Sun Pharma and M&M were among the laggards.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
M&M was the top gainer in the Sensex pack, rising around 5 per cent, followed by Kotak Bank, Bajaj Finance, Nestle India, SBI, ICICI Bank, HDFC Bank and ONGC. On the other hand, NTPC, IndusInd Bank, Bharti Airtel and Maruti were among the laggards.
Adani is the fastest growing energy company in Asia-Pacific and the second fastest in the world
On the Sensex chart, ICICI Bank, HDFC Bank, Axis Bank, IndusInd Bank and Bajaj Finance emerged as the major laggards, dropping over 6 per cent.
'The Chinese are only about 160-170 km behind.' 'It will not take much time for them to bring their troops back, considering that they have better infrastructure -- and the weather is now favourable.' 'They can move in much faster as the terrain favours them.'
India must have a "contingency plan" in place to ring-fence the country's economy if the political showdown in the US leads to a default on its international monetary obligations, industry body Assocham said.
Trump congratulated Modi on his election victory and said that the two countries would work together in many areas including military.
PowerGrid was the top laggard in the Sensex pack, shedding around 2 per cent, followed by Sun Pharma, ITC, ONGC, Bharti Airtel and Reliance Industries. On the other hand, Maruti, Nestle India, ICICI Bank and UltraTech Cement were among the gainers.
The PM has been named second year running; other contenders include Google's Sundar Pichai, US President Barack Obama, Islamic State leader Abu Bakr Baghdadi.
Oil price have started rising as President Barack Obama's efforts to win backing for a military strike against Syria cleared its first hurdle.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
IndusInd Bank was the top laggard in the Sensex pack, tanking around 7 per cent, followed by Axis Bank, Bajaj Finance, ICICI Bank, NTPC, Tata Steel, ITC and HDFC Bank. On the other hand, Reliance Industries, HCL Tech, Sun Pharma and ONGC were among the gainers.
Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.