On Monday, the blue-chip NSE Nifty 50 index and the S&P BSE Sensex crashed 12.98% and 13.15%, respectively, their biggest plunges on record. The rupee hit a fresh record low against the dollar
Trading on the Indian stock exchanges was halted as the S&P BSE Sensex fell 10 per cent, triggering an automatic 45-minute halt
The logic of geographical diversification of portfolio remains valid even today
Crisis-hit Yes Bank will get excluded from all indices of the leading stock exchange BSE with effect from March 20, the entity handling these indices said on Monday. In a circular sent to all its members, the BSE said the BSE S&P Index Committee has decided to remove Yes Bank from all the S&P BSE indices with effect from this Friday, March 20. The decision has been taken in light of the recent developments relating to Yes Bank Limited, in particular the Gazette notification dated March 13, 2020, on 'Yes Bank Limited Reconstruction Scheme, 2020' and the potential impact on the ability of market participants to fully replicate S&P BSE Indices, it added. "Effective at the open of Friday, March 20, 2020, Yes Bank Limited will be removed from all S&P BSE indices," it said. These indices include S&P BSE AllCap, S&P BSE LargeCap, S&P BSE LargeMidCap, S&P BSE Finance, S&P BSE BANKEX, S&P BSE CARBONEX and S&P BSE Private Banks Index (INR). These ...
Nifty hit lower circuit in opening session, halting trade for 45 minutes. Indices see sharpest recovery; Sensex rebounds 5,000 pts from day's low.
All these stocks' fortunes are linked to domestic consumption, rather than global growth.
For Tata Motors, keep a stop at Rs 97 and go long
As confidence on equities declines, large oil producers may hesitate to loosen their purse strings, thereby impacting valuations too
On six of nine occasions when the market has corrected more than 10 per cent, it has recouped all its losses within two months, shows an analysis by ICICI Direct
Turnover of S&P BSE Sensex futures and options touched a record high of Rs 7,591 crore on Tuesday, according to a release. The previous high of Rs 5,251 crore was recorded on February 20. "The implementation of interoperability clubbed with active participation from the members have led to increase in equity derivatives turnover on BSE. We thank all the members and look forward to constantly receiving their support," BSE Chief Business Officer Sameer Patil was quoted as saying in the release. * * * * * PFC, IGIAT sign agreement to provide financial assistance for skilling programmes State-run Power Finance Corporation (PFC) on Tuesday said it has signed an agreement with Indo German Institute of Advanced Technology (IGIAT) for providing financial assistance for various skilling programmes. Under the agreement, PFC will provide around Rs 1.44 crore to IGIAT for conducting skill development training for 500 unemployed youths belonging to scheduled caste, scheduled tribe, OBC, ..
The 30-share BSE Sensex settled 917.07 points, or 2.30 per cent, higher at 40,789.38 on Tuesday. It hit an intra-day high of 40,818.94
The Indian stock market continues to be upbeat about the country's growth prospects, despite deceleration in GDP growth for the sixth consecutive quarter, the Economic Survey 2019-2020 said, adding that the BSE Sensex has increased 7 per cent till December 2019 over March. "This may also reflect the growing perception of India becoming an attractive destination for investment in the backdrop of a decline in the growth of major economies of the world and continued easing of monetary policy by the US Fed," it said on Friday. "Despite the deceleration in GDP growth for the sixth consecutive quarter, the stock market continues to be upbeat about the country's growth prospects," the Survey said. The net FDI and net Foreign Portfolio Investment (FPI) in first eight months of 2019-20 stood at USD 24.4 billion and USD 12.6 billion respectively, more than the inflows received in the corresponding period of 2018-19, it added. Benchmark indices Nifty50 and S&P BSE Sensex reached record highs
Foreign brokerages are bracing for a larger impact on the global markets than what was during the SARS outbreak, which also originated in China, back in 2003
Today, a total of 65 companies including Maruti Suzuki, Manappuram Finance, and Century Textile, are scheduled to announce their December quarter results
India is one of the largest consumers and importers of crude oil in the world and Brent crude is highly co-related with the Indian crude oil basket
However, if companies comply with the provisions of listing norms on or before January 29, trading in its securities will not be suspended, BSE and NSE said in separate circulars
Among other sectors staring at a negative impact from higher crude oil prices are tyres and cement
As the Indian equities signed off 2019 on a remarkable note, the market capitalisation (m-cap) of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore
The other companies that made applications with the exchange are Standard Chartered Investments and Loans (India) Ltd, KEC International Ltd, Siyaram Silk Mills Ltd and Balrampur Chini Mills Ltd
Shankar Sharma tells Puneet Wadhwa in an interview that Sensex and Nifty are not representative of the entire market