The Bank Nifty declined 2.6%, with several big names posting losses in excess of 4%
With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast
During the start of the year, private banks alone accounted for a fourth of the index weight
Berkshire Hathaway sold 84 per cent of its Goldman Sachs stock in the first quarter, marking a reversal for an investor who generally holds large stakes in the banking sector.
The benchmark indices fell nearly 3% on Thursday, erasing all the gains made a day earlier on optimism over the Rs 20-trillion rescue package announced by the government
The yield on the most-traded 6.45 per cent 2029 note dropped 10 basis points to 6 per cent, extending Wednesday's 7-basis point fall.
The moot question would be how the Government will fund this package.
The uninterrupted surge has made it the best performing stock worldwide in the past 12 months among companies worth $1 billion or more
Markets couldn't hold the strength during the day as selling pressure was witnessed in heavy index
In a related-party transaction, Raghav Bahl transfers digital content business from an unlisted firm to a listed one
If we do not make M&A execution simple and logical, capital - Indian and foreign - would seek out jurisdictions that do not entail such complication
The S&P BSE Sensex ended at 31,686, up 232 points or 0.74 per cent while NSE's Nifty closed 65 points or 0.71 per cent higher at 9,270.90 levels
For HCL Technologies, Keep a stop at 512 and go long. Add to the position between 528-530. Book profits at 532
Currently, the PE exposure in credit is limited and constitutes less than a 2 per cent share of the overall credit offered to industry.
After dropping 6% a day earlier, the markets attempted to rebound with the Sensex gaining as much as 550 points intra-day amid gains in the global markets
Derivatives turnover dips after Sebi curbs; average daily turnover value in equity cash segment of NSE stood at Rs 50,300 cr
Meanwhile, 88 stocks ended at their lowest close in at least one year on Monday
Analysts say alcohol sales could be an early beneficiary of overall recovery
The stock market may have turned around, but schemes didn't do remarkably well
As regards the United States (US), Wood expects a gradual opening up in May