Bajaj Finance closed 5 per cent higher on the BSE after the NBFC reported its highest ever quarterly consolidated net profit at Rs 1,614.11 crore in the December quarter of FY20, up 52 per cent YoY
Heavyweight Bharti Airtel declined 4 per cent in the afternoon trade today and was the top loser after media reports suggested that the company has been blacklisted by DGFT
Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak
Banking counters were leading the charge from the front with ICICI Bank becoming the biggest contributor toward's today's gain, ahead of its December quarter results tomorrow
ONGC, NTPC, and Maruti Suzuki were the top drags on the Sensex today while Nestle India, TCS, and Infosys were the top gainers
Tata Steel, Asian Paints, and Maruti Suzuki, down up to 3 per cent, were the top laggards at the index. On the other hand, UltraTech Cement, HDFC, and IndusInd Bank ended the day as top gainers
A total of 25 companies including Havells, Polycab, ICICI Pru Life, and Zee Entertainment Ènterprises Ltd. are scheduled to announce their results later in the day
Heavyweights like Reliance Industries, HDFC Bank, TCS, Axis Bank and SBI were the top contributors towards today's fall
A total of 18 companies, including Reliance Industries, Tata Consultancy Services (TCS), and HCL Technologies, are scheduled to release their December quarter numbers later in the day
Friday's rise helped the indices mark their first weekly gain in three weeks
The rupee depreciated by 9 paise to close at 71.27 against the US dollar on Tuesday amid heavy selling in domestic equities and steady rise in crude oil prices. Forex traders said the rupee traded in a narrow range but was weighed down in the latter half of the session after reports emerged that the government might not be able to meet its disinvestment target. At the interbank foreign exchange market, the domestic currency opened weak at 71.22 and later fluctuated between a high of 71.15 and a low of 71.29. The domestic unit finally settled at 71.27, showing a fall of 9 paise over its previous close of 71.18. "Rupee continued to consolidate in a narrow range but was weighed down in the latter half of the session after reports that the government might not be able to meet its disinvestment target. Some sources suggest that the government will not be able to finish the disinvestment process for BPCL as well as for Air India in the current fiscal year," Gaurang Somaiyaa, Forex & ...
The investor should also be able to evaluate the quality of the promoter-his background, competence level, and even his hunger to make it big
Listen to the podcast to know about the latest changes in the Sensex pack, why are some stocks dropped from it and others added and how does the reshuffle affect investors
The S&P BSE Sensex added 38 points or 0.10 per cent to end the Samvat 2075 at 39,058 levels. The NSE's Nifty50 index ended at 11,584, up just 1 point or 0.01 per cent
The benchmark BSE Sensex closed up 0.63 per cent at 39,298 on Friday, while the broader NSE Nifty ended 0.65 per cent higher at 11,661.85.
Further, fund managers say the markets could continue to remain polarised as growth companies are likely to fetch a premium, especially when the economy is going through a trough
Combined net profit of Nifty50 companies expected to fall 3.4%
Stock calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Slashing the government's take from corporate profits to 25.2 per cent from 34.9 per cent has given a boost to stock-market sentiment
Since the presentation of the Budget in July, markets have mostly been a one-way street with the Nifty50 slipping over 8%