Debt segment saw outflows of Rs 1.71 trillion compared to inflows of Rs 70,119 crore in May
Lower earnings, slower growth drive decision; other research and broking houses are also raising fears of slowdown in corporate earnings globally
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
Sectorally, public sector banks (PSU banks) took the biggest knock with the Nifty PSU Bank index settling nearly 6 per cent lower
Here's a look at the biggest factors that dragged the market lower on Monday -
For the quarter under review, TCS is likely to post revenue growth of 2.8 per cent - 3 per cent in constant currency (CC) terms on quarter-on-quarter (QoQ) basis.
Thus far in the calendar year 2019, the stock has outperformed the market by surging 41 per cent, as compared to 10 per cent gain in the S&P BSE Sensex.
Executive Chairman Krishnakumar Natarajan, Executive VC and COO N S Parthasarathy, and MD and CEO Rostow Ravanan had put in their papers as members of the board and as well as employees of the company
SFIO has been directed to complete the investigation within six months and submit its report to the government, the report said.
The Nifty IT index has broken crucial trend-line support of 15,900 on closing basis with RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) suggesting a negative trend
PNB said on Saturday that Bhushan Power & Steel Ltd had misappropriated bank funds and had manipulated its books of accounts to raise funds from consortium lender banks.
The intended increase in public float to 35 per cent from 25 per cent currently should help boost liquidity in the stocks which fall in that category
With no major direct measure to revive demand growth for the sector being announced in the Union Budget for the financial year 2019-20, stocks of the auto-makers skid to new lows
Here's a list of some of the companies whose shares are expected to trade actively in today's session -
The markets may feel the overhang of the Union Budget which was presented last week by Finance Minister Nirmala Sitharaman.
Regulator, however, concerned with implications of takeover code; to start public consultation soon
In the ranking of top-10 firms, TCS was placed at the number one position, followed by RIL
FPIs withdrew a net amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt segment during July 1- 5, resulting in a net outflow of Rs 475.56 crore
The proposed exchanges will be regulated by Sebi and will allow the listing of social enterprises
The stock market ended the Budget day trading session a per cent lower