CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
CLOSING BELL: Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts
CLOSING BELL: Axis Bank, HCL Tech, SBI, Tech M, TCS, Wipro, Infosys, and Ultratech Cement were the top large-cap laggards
The BSE Sensex fell 372 points at close to 53,514. The index had previously risen 325 points to the day's high.
CLOSING BELL: NTPC, Adani Ports, Bharti Airtel, Coal India, Hero Moto, and Bajaj Finance were the only gainers, up in the range of 0.08 per cent to 1.7 per cent
Stocks to watch today: IT behemoth TCS net profit grew 5.2 per cent year-on-year (YoY) to Rs 9,478 crore in Q1FY23; Tata Motors hiked prices across passenger vehicle range by 0.55 per cent.
CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers
Margin will remain under pressure in Q2, as investors might take time to regain confidence. However, we expect a turnaround in sentiments by Q4-FY23, says CEO - Investment Services of Anand Rathi
The first six to nine months of this year (till July or August) will see more volatility, and money making would be difficult, says the CIO-Equities of Edewleiss AMC
CLOSING BELL: It was, largely, a broad-based rally where the Nifty PSU Bank index advanced the most, up 3.4 per cent
Retail investors in India are by default optimistic. They are strong believers in the long-term story of India, and rightly so, says Sandeep Bhardwaj of IIFL Securities.
The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added
These negative returns have largely been triggered by panic selling by new investors who exited in droves in the backdrop of rising interest rates, inflation worries and the geopolitical tensions
Given the macro headwinds - the need to tighten monetary policy combined with the risk of a much higher oil price, are the key reasons Wood has been in no hurry to add to the 'overweight' position
NSE-Nielsen study concluded that over half these investors park money in the markets to afford a better lifestyle
Landing the listing, which is slated for next month, will test India's capital markets at a time when about $5 trillion has been wiped out from global equities
The shares of ITC Ltd are all set to rally towards its 52-week high level of Rs 265.30 as it breaks out from the "Double Bottom" formation on the daily chart
Being diversified across asset classes will also help to stem your losses when the economy is recovering
The broader markets logged smart gains for the third straight trading session; Advancing shares outnumbered declining stocks in nearly 2:1 ratio on the BSE