Bajaj Finance was the top laggard in the Sensex pack, tanking nearly 12 per cent, followed by HDFC twins, Tata Steel, ICICI bank, Kotak Bank and Maruti.
The dispute between bourses of the two countries threatens to leave global investors without an easy way to safeguard their exposure to the Indian stock market.
Worried over the dispute, MSCI CEO Henry Fernandez feels the issue will end up leaving international investors really vulnerable in one of Asia's biggest markets.
As usual, analysts are predicting a profit bounty for Indian firms. What’s cheering bulls today is that analysts have gotten a little better at their jobs.
Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
The problem in India is young people have long time horizon but no money to invest. Old people have not much time but have money to invest. Trading is in the market and TV channels. In the long term we are all dead. Yup.
The problem in India is young people have long time horizon but no money to invest. Old people have not much time but have money to invest. Trading is in the market and TV channels. In the long term we are all dead. Yup.