Decline also seen in vehicle registrations, railway freight growth
Yield spread between Sensex earnings and US 10-yr G-Sec narrowest in 12 years
The current spread is nearly 142 bps lower than the 10-year average spread of 518 bps, and 66 bps lower than the 20-year average spread of 442.3 bps
This could result in a further rise in bond yields in major economies including India
Spread between 10-yr G-sec and 2-yr bond yields narrows to 38-mth low
The rise in corporate assets, also called gross block, was largely led by top companies and industry leaders; small and medium firms lagged in capex terms
Railway freight traffic numbers were higher than before
Vehicle registrations were lower than the week before
Analysts blame industry woes on lockdowns, lack of new content, and growing competition from streaming and over-the-top platforms
Indian IT companies are experiencing margin pressure. This has forced leading IT firms to reduce or withhold employee bonuses. How long will IT companies face this pressure? Is there a solution to it?
There were around 314,000 air passengers as of Sunday, September 4, based on a rolling seven-day average. It was around 331,000 as of Sunday, August 28
Speaking at the AGM, Mukesh Ambani announced plans to invest Rs 2 trillion in set-up a nationwide fifth generation (5G) mobile network by the end of next year
Top gainers have surged between 50% and 315%, while new-age tech companies, such as Zomato and PB Fintech, have lost half their market value
DII stake in BSE 500 companies up nearly 55% in seven years
Fewer flights and air passengers in the latest week compared to the previous one
The overtaking happened in the first half of FY21 and the group stocks continued to become expensive compared to the broader market
Trading at P/E multiple of 28.5x - nearly 50% higher than industry average of 18.6x
Power generation was higher than in the previous week
A relatively slower growth in IT Services exports has made India ever more dependent on capital inflows and workers remittances to fund its trade and the overall current account deficit
On Monday, Adani Group firms had a combined m-cap of Rs 19.44 trillion against Ambani's combined figure of Rs 17.89 trillion. The Tata Group tops the charts with an m-cap of Rs 21.73 trillion as on Mo