All that happened in the markets today
Steelmaker prunes size issue by 18%, to launch IPO next week
In this podcast, Business Standard caught up with CapitalVia Global Research's Gaurav Garg and Angel Broking's Milan Desai to understand where is the market headed, what are the near-term challenges
Nifty50 hit record peak after a tweet by the Prime Minister's Office said PM Narendra Modi will address the nation at 5 PM later in the day
That said, market participants continued to buy stocks in the broader markets after the RBI announced a special, Rs 15,000 crore-liquidity window
Titan clocked a massive rally of 7 per cent to end the day as top gainer, followed by ONGC, Kotak Bank, Bajaj Finance, Axis Bank, HDFC Bank, and L&T
The BSE MidCap index, that hit a record peak of 22,164 earlier today, closed 1.7 per cent higher at 22,141 levels
Volumes remained thin as the 75 per cent peak margins norms come into effect from today
Snapping out of last month's underperformance, the domestic markets delivered returns better than its global peers
In a Q&A, Alex Tedder says the virus will limit the full economic potential of emerging markets for some time to come
Broader markets, however, settled the day in the red on the back of profit-booking. The BSE Midcap index fell 0.12 per cent and the BSE SmallCap index dropped 0.48 per cent
'The widening gap between stretched asset prices relative to prospects for recovery in real economic activity emerged as a global policy concern,' RBI said in a note
Shree Cement, SBI, Bajaj Auto, Kotak Bank, Tech Mahindra, Ultratech Cement, Axis Bank, and Tata Steel were the top large-cap gainers
In the broader markets, the S&P BSE MidCap index slipped 0.3 per cent as against the S&P BSE SmallCap index that rose 0.3 per cent
The BSE MidCap index touched a new record high level of 21,717 while the BSE SmallCap index hit 23,338
Technical analysts say the Nifty looks set to log new life-time highs
India's m-cap on brink of $3 trillion mark as benchmark delivers best weekly show since Feb 5
Analysts say move will result in inflows of $119 million in Tata Steel and selling of $58 million from ONGC by passive funds benchmarked to index
Financial indices -- Nifty Bank, Private Bank, PSU Bank, and Financial Services -- outperformed on the NSE today, and gained between 3-3.5%
State-owned SAIL and Jindal Steel & Power have lost over 17% each since May 10. Industry leaders Tata Steel, JSW Steel and Hindalco are down over 8% each