Aug 30, 2016 at 16:10 | Source: Moneycontrol.com
The market sentiment was also boosted after the RBI's optimistic statement, saying the economy is likely to grow at 7.6 percent in FY17, though it quashed hopes of further repo rate cut in its annual report yesterday.
Aug 30, 2016 at 14:00 | Source: Moneycontrol.com
Bajaj Auto, Maruti, GAIL, ICICI Bank and Sun Pharma are top gainers while Bharti Airtel and BHEL are top losers in the Sensex.
Aug 30, 2016 at 13:00 | Source: Moneycontrol.com
Kolhapur-headquartered RBL Bank is going to list its equity shares on exchanges on August 31 after overwhelming response to the issue closed last week. It has fixed issue price at higher end of price band of Rs 224-225 per share.
Aug 30, 2016 at 12:00 | Source: Moneycontrol.com
Maruti Suzuki, Bajaj Auto, Sun Pharma, GAIL, Tech Mahindra, Grasim Industries and Bosch topped the buying list, up 2-3 percent.
Aug 30, 2016 at 11:00 | Source: Moneycontrol.com
Bajaj Auto, Maruti Suzuki, GAIL, ICICI Bank and HUL are top gainers while Bahrti Airtel, BHEL, Coal India, Dr Reddy's Labs and NTPC are losers in the Sensex.
Aug 30, 2016 at 10:00 | Source: Moneycontrol.com
"Sideways range has formed support at 8,547-8,565 and resistance at 8,747.8,760," Laurence Balanco of CLSA says.
Aug 30, 2016 at 09:15 | Source: Moneycontrol.com
ICICI Bank, Tata Steel, Adani Ports, GAIL and Tata Motors are gainers while Bharti is loser.
Aug 30, 2016 at 08:04 | Source: Moneycontrol.com
The Reserve Bank of India is likely to grow at 7.6 percent this financial year but this is below potential. It has also poured cold water on rate cut hopes in the near term as inflation is still at the upper-end of its projection.
Aug 29, 2016 at 18:17 | Source: CNBC-TV18
Long term investors are putting sectors like tech, largecap pharma and telecom off the radar as margin of safety in a lot of quality businesses has narrowed down, said Dipan Mehta, Member, BSE & NSE.
Aug 29, 2016 at 16:00 | Source: Moneycontrol.com
Reliance Industries, ICICI Bank and Tata Motors contributed more than 80 percent to index gains.