Eicher Motors, Indiabulls Housing Finance, Maruti Suzuki, Yes Bank, IOC, BPCL, and IndusInd Bank among others doubled on the Nifty.
It has been three years since the NDA-led government came to power. It is time to take stock. The government deserves credit for taming runaway lentil prices, but stands guilty of denying cheaper petrol and diesel to millions of consumers.
The country’s largest car maker Maruti Suzuki grew by 7 percent while Hyundai grew by 9 per cent and Tata Motors grew by a scorching 84 percent during last month.
Doubling of bitcoin prices, halving of US healthcare stock prices, a brutal sell-off in copper prices and Britain choosing to remain in the European Union are some forecasts by Copenhagen-based Saxo Bank‘s in its report â€˜Outrageous predictions for 2017‘.
Data from the Life Insurance Council, the industry body for the life insurance companies, showed LIC‘s new premiums saw a 140 percent jump on a year-on-year basis with the insurer collecting Rs 12,528.07 crore as new premium.
In November, foreign portfolio investors (FPIs) net sold equities worth Rs 18,909 crore, the highest ever monthly outflow, triggering a streak that saw net sales for 18 consecutive days from November 9 through to December 5.
Here are 5 stocks where insiders sold post-November 8, when PM Narendra Modi made his surprise demonetisation announcement.
After banning legal tender status of Rs 500 and Rs 1,000 notes since November 8, there has been a huge surge in banks' deposits. To reduce that surplus liquidity available with the banking system, the Reserve Bank of India, on last Saturday, announced temporary measures by applying an incremental cash reserve ratio.
Ambit has scrapped its March 2017 Sensex target of 29500 and has set March 2018 Sensex target of 29000 stating that demonetisation will paralyse economic activity in the short term.
Since the overnight currency ban on November 8, queues at banks and outside ATMs have become the norm. While the government has been forthcoming in its assurances that replacements to the old Rs 500 and Rs 1000 are being printed on the double, reality suggests a different story.
Ashwani Gujral of ashwanigujral.com recommends selling Axis Bank on any rally.
The GST Council meet which happened last week was inconclusive on the rate structure, though issues over cess were thrashed out. Now, CNBC-TV18 learns from sources that there are two proposals that are on the anvil.
In the year to date so far Nifty Metal index has outperformed all other sectoral indices. The sector surged over 40 percent while Nifty 50 gained only 9 percent in the same period.
The general perception amongst investors is they should seek exposure to high-beta stocks in a bull market and low-beta stocks when markets are expected to correct. We decided to test that assumption.
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MRF the largest manufacturer of tyres in India has touched a 52-week high of Rs 51,486.90 in today's trade, which is the most highest stock price on Bombay Stock Exchange.
Moneycontrol undertook a study to find out the number of companies in which the promoters held maximum stake. As a filter, we shortlisted companies from a total of 279 companies whose market capitalisation was over Rs 10,000 crore.
Sandeep Wagle of powermywealth.com is of the view that one can sell State Bank of India and Voltas and buy Hindalco Industries.
The Sensex rallied more than 26 percent from its Budget day's closing value of around 23,000 to more than 29,000 now and gained 11 percent in 2016.
An analysis of remuneration of chiefs in PSU and private banks reveal the vast gulf that separates them.
Said to be a man of few words, the 52-year old Patel is known for his tough stance on inflation and has worked with the International Monetary Fund (IMF) and the finance ministry in the past, besides stints in the private sector as well.
The following table outlines the indirect taxes that will be subsumed when GST comes into effect.
Despite global whirlwinds in FY16, India stood tall as one of the strongest economies in the world, because of robust gross domestic product (GDP) growth and reduction in both inflation and current- account deficit.
The ambitious goods and services tax (GST) may be a reality soon. But the tax (likely to come in 17-18 percent) may not have a uniform impact on all sectors, given their varying taxation structures. A Citi report delved into the sectoral impact of GST.