Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore, the highest-ever for an Indian company, in the September quarter after it provided for payments related to AGR
ICE Data Services India will initiate its operations with more than 500 staffers, with flexibility to add several hundred additional employees in the future
BSE benchmark Sensex rose 192 points to end at 39,250 on Sunday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2076. The 30-share index, after opening on a firm footing at 39,397.37, inched up to 39,402.23 as investors accumulated select auto, IT and bank stocks. It pared some gains on profit-booking and finally ended at 39,250.20, up 192.14 points, or 0.49 per cent. On similar lines, the broader NSE Nifty climbed 43.25 points, or 0.37 per cent, to finish at 11,627.15. In the Sensex kitty, prominent gainers were Tata Motors, Yes Bank, M&M, Vedanta, Infosys and Tech Mahindra, spurting up to 16.54 per cent. However, losers included Maruti, Bharti Airtel, TCS and HCL Tech, which lost up to 0.78 per cent. Brokers said buying activity gathered momentum as investors opened their new books on the first session of Samvat 2076. Barring telecom and consumer durables, all BSE sectoral indices finished in the green, le
Analysts are optimistic that the stimulus measures and the five back-to-back rate cuts will help narrow this divergence in the new Hindu financial year -- Samvat 2076 -- that gets underway Sunday
Reliance Industries on Friday added another feather to its cap by becoming the first Indian firm to hit the Rs 9 trillion market valuation mark in intra-day trade
Banking, auto shares gain the most; 5 stocks account for 68% of Sensex gains
Rupee weakens against dollar; 10-yr bond yield inches up
Expectations of muted performance in September quarter are factored in, but any miss with respect to H2FY20 estimates could hurt stock valuations further
Broader basket of 864 stocks are currently trading at 29.5x their trailing 12-month earnings, against 10-year average earnings multiple of 19.5x
The market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore
Sri Lanka's bourse tumbled more than 60 per cent in June 1989 as the nation was engulfed in a civil war
Sensex gains 637 points, most in a day since January 31
Stock funds took in Rs 111 billion in September, the most since May, up from Rs 83 billion in August, data from the Association of Mutual Funds in India show
The Nifty 50 index dropped 93 points, or 0.9 percent, to close at 10,856
For JSW Steel, keep a stop at Rs 228 and go short. Add to the position between Rs 221-Rs 222
The index has lost 5.2 per cent, or 603 points, in just nine trading sessions amid a sharp sell-off by foreign portfolio investors
Christopher Wood, global head of equity strategy at Jefferies cautions that the 'consumer financing boom' in India has peaked
Besides the rejig of shareholding norms, the government's proposal to hike income tax surcharge on high net-worth individuals (HNIs) dented the market sentiment
The list of stocks that are on the losing side is dominated by automobile firms such as Mahindra & Mahindra, Eicher Motors and Maruti Suzuki
Most Asian markets dropped on fears that US-China relations could worsen as another round of tariff hikes kicks in