A fall below 16,320 could drag the market to 16,150-16,000 levels
The latest positive global sentiment has helped the markets shrug off the underwhelming June quarter results, earnings downgrades, and the possibility of further downgrades
The Pune-headquartered life insurer has been topping industry growth chart for long
The 30-share BSE benchmark gained 593.31 points or 1.08 per cent to close at 55,437.29. During the day, it rallied 643.81 points to its intra-day lifetime record of 55,487.79
Indian shares opened slightly higher on Thursday, driven by energy shares, with investors eyeing domestic retail inflation data for July due later in the day.
An equal-weighted basket of Indian stocks with high domestic MF ownership and low foreign ownership outperforms a basket with the reverse profile.
The company missed Street expectations due to lower net interest income (NII)
Margin trajectory at international subsidiaries remains a key trigger for the stock
The margin requirement for the futures segment has risen substantially after the introduction of peak margin norms last year
Markets are booming but high valuations can be a spoilsport
Sensex is up 3.7% this month, while mid-, small-cap indices are down 1.4% and 2.7%, respectively
HNI portion was subscribed 360x; break-even after factoring in the interest cost for wealthy investors worked out between Rs 1,400-1,500 a share versus closing price of Rs 1,167
The percentage of holding across 295 companies, where its holding is more than 1 per cent, slipped to 3.74 per cent in Q1 from 3.83 per cent in the previous quarter ended March on an aggregate basis
According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.
The Supreme Court rules against merger of Future Retail with RIL's arm Reliance Retail; Sensex down 215 pts to 54,278 at close
Business Standard brings you the top headlines on Friday
Average one-year return at 48% versus Sensex's 45% gain
Their holding rose to all-time high of 7.18% in Q1; institutional holdings decline
The over 1,847-point jump this week has come on the aggressive buying for overseas investors and hopes of economic revival following improvement in high-frequency indicators
Govt's U-turn on minimum public float of PSUs is surprising