The two exchanges made the decision after the extension of the nationwide lockdown till May 3.
Wipro is slated to announce its Q4 numbers later in the day and most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
Investors will also react to Markit Services PMI data for March which was released yesterday, and, according to the monthly survey, India's services sector contracted in March to 49.3
Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY
According to reports, the government is likely to agree a stimulus package of more than Rs 1.5 trillion to fight a downturn caused by the coronavirus lockdown
From the peak in January 2020, the S&P BSE Sensex and the Nifty50 have tanked around 37 per cent each, while the carnage in the mid-and small-caps has been even more brutal
It may be noted that Ashok Leyland decided to acquire 9% stake in HLFL as against its original plan to acquire 19%
The government has already deferred deadlines for filing tax returns, extended a tax amnesty program and promised more measures to support the economy amid the coronavirus pandemic
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
More recently in 2008, a series of coordinated attacks in Mumbai shook the city between November 26 till November 28. The stock exchanges, as a result was closed for trading on November 27
The exchange also allows some of its employees to work from home
HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
The brokerage lowered the bank's rating to 'underperform' from 'market-perform' earlier, and lowered target price to Rs 750, from Rs 1,400
The Rupee's trajectory will also remain a big focus in today's session after plunging 84 paise to a new record low of 75.10 against the dollar on Thursday
The Reserve Bank of India has decided to conduct open market operations on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities.
Morgan Stanley expects global growth to fall to 0.9 per cent in such a scenario, while Goldman Sachs predicts weakening of growth to 1.25 per cent
In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.
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 ...