Today, a total of 12 companies including Cipla, Aaarti Drugs, and M&M Finance are scheduled to announce their results
Following the announcement of a Rs 20-trn package, the Nifty contracts traded on the SGX shot up 5%, while the American depository receipts (ADR) of Indian companies gained between 3% and 10%.
The Sensex closed at 31,715, down 2,002 points, or 5.94 per cent - its biggest single-day loss since March 16.
For the sake of context, the financial crisis of 2008 had seen the S&P 500 fall by more than 50 per cent from its peak
Educated in Mumbai, where his father worked on Dalal Street, Damani dropped out of college after studying commerce for a year.
Most global markets surged as investor appetite for risk assets improved due to the progress of an experimental drug for treating covid-19 and on US's plan to reopen its economy.
The sectors that have been most impacted are transport, hospitality, and real estate
The market sell-off has hit balanced mutual fund schemes, where investors seek lower volatility from a mixed portfolio of equity and debt investments
Government companies' numbers look even worse if State Bank of India is excluded. SBI has been an outperformer with 18.4 per cent annualised growth in market capitalisation in last three-years.
Incremental cost of funds was high at nearly 9 per cent, key financials also remained under pressure in Q3
India is hardly immune to the global trend of sliding fees and trading commissions.
Defying weakening consumer confidence, Asian Paints' net income has risen for two straight quarters to a record Rs 8.3 billion
Currently, the benchmark indices are near lifetime highs after clocking gains of more than 11 per cent since September 19, a day before corporation tax rate cuts were announced
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. Stocks in the BSE 500 universe account for 94 per cent of India's total market capitalisation
India's fourth-largest insurer is holding about 10% of its assets in cash, a five-fold jump over levels it usually maintains, as it doesn't expect a turnaround in sentiment anytime soon
More than sectoral bets, bottom-up stock picking will work better in the current environment of slowing growth
While NSE is exploring 8-10 new agri-commodities, BSE is eyeing as many as 15, most of which aren't traded on any other online derivative exchange in India
The nation's equity market looks less favorable amid elevated valuations, a potential slowdown in economic growth and upcoming elections, according to Goldman Sachs analysts
A small number of stocks have led the indices higher rather than a broad-based rally, Holland said
According to analysts, a record high is happening only due to some stocks, so they cannot ascribe higher valuations and targets for all