In a period of slowing credit growth, only PSUs have sequentially borrowed more, and that too, only from private banks
After gyrating over 721 points during the day, the 30-share BSE index ended 24.79 points or 0.05 per cent lower at 49,492.32. It scaled a record intra-day peak of 49,795.19.
Even as index firms' earnings and RoE 20% below pre-Covid high
Thirty-nine, including Subex, McLeod Russel, Jet Airways, Jain Irrigation Systems, and Sintex Plastics Technology, have surged more than 5x during this period
The benchmark Sensex ended the session at 49,517, a gain of 247 points or 0.5 per cent. The Nifty rose 78 points or 0.5 per cent to end the session at 14,563
December saw more than 100 registrations after seven months
Here's a selection of Business Standard opinion pieces for the day
Investors who run an asset-allocated portfolio with periodic rebalancing can manage without them
Indian stocks continue to be the beneficiaries of benign foreign portfolio investor (FPI) flows amid signs of recovery in the economy
But value of pledged holding rises, buoyed by market rally
Regulator's projections higher by 250-350 bps, analysts may have jumped gun on faster recovery
Sensex, Nifty hit fresh all-time highs on Friday
Tata Consultancy Services (TCS) hit a record high of Rs 3,127.55 apiece in the intra-day trade and closed 3 per cent higher ahead of the announcement of Q3FY21 results
Overall, market breadth remained in the favour of the bulls with nearly two stocks rising against a stock that declined at the bourses
However, a recovering rupee and sustained foreign fund inflows restricted the fall, traders said
According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution (MII)
FY22 was once projected to be 13 per cent higher than FY20. Can six months of lockdown bring growth down to 1 per cent?
Here's a selection of Business Standard opinion pieces for the day.
Forecasting is a hit or miss business even in normal times. And at a time when even hindsight is not 2020, predict at your own peril what will happen in 2021
Top performer on the Nifty FMCG index; Up 86 per cent in last 12 months