On March 20, the regulator had come out with various measures, including revision of market wide position limit, to ensure orderly trading and settlement to contain high market volatility
Retail inflation data will be announced on Monday, followed by WPI inflation numbers on Tuesday
The block deal data on BSE showed that JP Morgan Funds bought over 11.23 lakh shares of TCS at an average price of Rs 2,199 apiece, and the total deal value stood at Rs 246.98 crore.
The benchmark BSE Sensex is up 14.2 per cent in the past one month against a 3 per cent appreciation in the Dow Jones during the period.
Under the LES, brokers and other market intermediaries are given incentives for a specified period of time to bring in and generate investor interest in securities that have limited trading activity
The Sensex Index advanced 0.9 per cent while and NSE Nifty 50 Index rose 1.1 per cent at the close in Mumbai.
The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.
Units worth nearly Rs 150 crore changed hands on the NSE and another Rs 554 crore on the BSE.
With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast
The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and m-cap.
The Sensex rose 606 points, or 1.9%, to end at 32,720 - the highest close since March 13
The benchmark indices ended marginally lower last week after sharp gains in the preceding two weeks
Benefits of lower claims could get offset by subdued premium collection and fixed costs
Investor wealth on Tuesday fell by Rs 3,30,408.87 crore after equity markets came under heavy selling pressure following sell-off in global stocks as rout in crude oil hit investor sentiment. The Sensex tumbled 1,011.29 points, or 3.20 per cent, to close at 30,636.71. Led by the sharp fall in the index, the market capitalisation of the BSE-listed companies dropped Rs 3,30,408.87 crore to Rs 1,20,42,172.38 crore. "After the US crude oil crash, Indian markets, in sync with global markets traded negatively, as the extent of the impact of lockdowns and the global slowdown is becoming evident. Corporate earnings have also been impacted by the pandemic related shutdowns. Post-earnings management guidance has also not given clear indication about the recovery path," Vinod Nair, head of research at Geojit Financial Services, said. IndusInd Bank was the worst hit in the Sensex pack, dropping over 12 per cent, followed by Bajaj Finance, ICICI Bank, Axis Bank, Tata Steel, M&M, ONGC and ...
Each of the major falls since 2008 has seen the market rallying before falling again.
The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing
The pharma sector, once considered a safe bet, has been trailing the benchmark indices for four years in a row
Movng to stronger, more diversified ones will be prudent
Tuesday's stock reaction is also an indicator of the challenges ahead of him and probably the toughest faced by the bank in the past decade
For IndusInd Bank keep a stop at 330 and go long