A total of 41 companies, including Larsen & Toubro, Dr Reddy's Laboratories, Cipla, Aditya Birla Capital, Macrotech Developers and Welspun India are scheduled to release their quarterly results today
Ability to hold on to margins amid higher raw-material prices and restored salaries/wage cuts through cost control, order pipeline, and commentary on FY22 guidance among key monitorables
Market share gains, margin improvement are other positives for the stock
RBI relaxation to allay round tripping concerns associated with sponsor commitment and shorten fund set-up time in IFSC
LIC's portfolio was the most concentrated, with 40 stocks accounting for 81%. RIL, TCS and ITC were its top picks
Tribunal has taken opinion of senior counsel in the matter
Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory
The rationale behind replacing the concept of "promoter" with "person in control" is to absolve entities, which, in reality, don't have any control over a company
Firms will gain if they do a balancing act between claims and income
Brent futures rose $1.12, or 1.6 per cent, to $69.67 a barrel by 10:44 am EDT (8.14 pm IST), while US West Texas Intermediate crude rose $1.10, or 1.7 per cent, to $66.38
The stock gains 21 per cent; improvement in financial metrics key to sustain show
Rising commodity prices may weigh on profitability
The MSCI India Index has beaten a broader gauge of developing nation shares by about 5 percentage points in 2021
At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally.
Three Adani group among six stocks added to the Global Standard Index
The Nifty ended the session at 14,696, with a decline of 154 points, or 1 per cent.
On YTD basis, BSE benchmark is up 1.97%, while Nifty has gained 5.11%
The rupee declined by 8 paise to close at 73.42 against the US currency on Wednesday, snapping its four-day gaining streak due to risk aversion in the global markets and surge in crude oil prices.
Tata Motors, PowerGrid, Titan Company, Maruti Suzuki, UPL, Cipla, State Bank of India, and NTPC were the top gainers on the 50-share index today, up between 1 per cent and 3 per cent
The broader markets, too, succumbed to profit booking with the BSE MidCap and SmallCap indices falling 0.9 per cent and 0.6 per cent, respectively.