Reliance Industries on Friday added another feather to its cap by becoming the first Indian firm to hit the Rs 9 trillion market valuation mark in intra-day trade
Foreign investors put in a net sum of Rs 4,970 crore in equities and a net Rs 102 crore in the debt market during October 1-18
Market rarely reacts to the release of economic data such as GDP growth or factory output
Sharper business focus, relatively favourable valuations also augur well for the firm
RIL, HDFC Bank account for 32.4% of total BSE 500 m-cap gains since the cut in tax; 91% of gains cornered by 13 firms
That has erased almost half of the surge sparked by the Sept 20 announcement of a landmark corporate tax cut
The S&P BSE Sensex Index posted its third day of losses on Tuesday, ending a surge since the Sept 20 announcement of the tax cuts
The bottom line is whether the fund manager has been able to generate alpha with this strategy
The stock market rallied 5 per cent on Friday - its biggest single-day stride in over a decade
Banking, auto shares gain the most; 5 stocks account for 68% of Sensex gains
Rupee weakens against dollar; 10-yr bond yield inches up
Expectations of muted performance in September quarter are factored in, but any miss with respect to H2FY20 estimates could hurt stock valuations further
Broader basket of 864 stocks are currently trading at 29.5x their trailing 12-month earnings, against 10-year average earnings multiple of 19.5x
International money managers are starting to fall out of love with Narendra Modi
The market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. Stocks in the BSE 500 universe account for 94 per cent of India's total market capitalisation
Eating out is one of the first expenditures that consumers reduce when the economy slows, but restaurants are also the first to benefit when sentiment turns around
The net outstanding value of such issuances has risen to over Rs 23,068 crore
The management guru calls upon the govt to loosen up on investment regulations and allow infra spending to be shared with the private sector
Sensex posts best figures in 3 months; rupee weakens as FPIs keep pulling out