From retail auto sales contradicting robust wholesale numbers to 15th Finance Commission submitting report to President, here are the top headlines
All that happened in the markets today
All that happened in the markets today
The benchmark S&P BSE Sensex rallied nearly 10 per cent in the past 10 trading sessions and regained the psychological 40,000-mark after over seven months
Helped by pent-up demand and inventory push ahead of the festive season, earnings growth in September quarter is anticipated to be better than June's performance
While in terms of volume this has been a busy month, the cumulative amount, Rs 7,123 cr, being raised is relatively low
Dream run may come to a screeching halt anytime, warn analysts as fundamentals do not back them
Unlike its peers, ICICI Bank has been more watchful of the emerging situation
Trading was halted for 45 minutes in early session after the index hit its lower circuit limit.
Snapping their six-month buying streak, FPIs pulled out a net Rs 13,157 crore from the Indian capital markets in the first five trading sessions of March as the coronavirus outbreak spooked investors
Amid intensifying rout in global financial markets, the 30-share BSE index plummeted 1,864.02 points or 5.22 per cent to 33,833.38
The broader market remains expensive on a historical basis. The Sensex 10-year median price-to-earnings multiple is around 20.4 times, nearly 10 per cent lower than the index's current valuation
Companies advance payouts to help promoters save tax
FPI's love for India shows in the premium valuation on Dalal Street
Groundnut oil declined by Rs 2 at Rs 392 per 10 kg on weak upcountry advices. Arrivals from the production centres were at 12-15 trucks a day.
Market experts attributed this strong show to a host of factors including corporate tax rate cuts, strong institutional flows and expectations of positive outcome from the US-China trade deal
The BSE Sensex crossed the historic 40,000-point milestone, while the broader NSE Nifty conquered 'Mount 12k' in 2019, bringing cheer to stock market faithfuls
Digital capabilities are expected to improve growth at a lower cost following the bank's focus on 'One Bank One RoE'
After guiding for 3-5% volume growth at the beginning of FY20, the company has now revised its guidance to a marginal decline
Combined net profit of Nifty50 companies expected to fall 3.4%