The CPSE index tracking these companies has fallen 30% since its peak last year, compared to a 13% fall in benchmark Sensex. Shipping & banking stocks the biggest losers.
The Nifty 50 index opened at 22,433.40, falling 111.65 points (-0.5 percent), while the BSE Sensex started at 74,201.77, down 410.66 points (-0.55 percent).
The Nifty 50 index opened at 22,940.15, falling by 152.05 points or 0.66 per cent, while the BSE Sensex dropped 490.03 points or 0.64 per cent to open at 75,700.43.
Analysis of SIP data shows account closures rising faster than openings for a few months now. Analysts say it's because ‘newbie’ investors have so far only seen booming markets.
The Fed rate cut has improved global sentiment, could trigger a rally because emerging markets like India will become more attractive due to possibility of higher returns.
The Nifty 50 index scaled a fresh high on Wednesday, indicating continuation of an upward trend. An intraday move over 24300 could spark a sharp upside to 24400.
Energy stocks rose 0.5%, led by a 1.2% gain in ONGC after the government cut windfall tax on petroleum crude to Rs 3,250 per metric ton from Rs 5,200, effective 15 June.
Net equity mutual fund inflows in May are the highest on record since April 2019, when AMFI started reporting monthly mutual fund flows in the current format.
16 vendors left Mussoorie following a hate crime in the wake of the Pahalgam terror attack. Police asked all of them to go back to Kashmir for 'their safety'.
Rising India-Pakistan tension & an expectation of domestic firms getting major orders from armed services spark a market rally for both govt & private defence firms.
At some point, Pakistan’s calculation has been, Hindus will rise in reprisal against their own minorities. That’s a crisis ISI has been conjuring up in India. A nation at war with itself.
Wholesale disinvestment is the need of the hour. These babus will never mend their ways. Most of these babus are from the Hindi heartland of Bihar, UP, Haryana, MP and Rajasthan. They bring their regressive culture to these organizations which includes a pathetic work ethic. These entitled babus would not last a day in the private sector.
Wholesale privatization is the need of the hour. The Modi government must not be afraid of employee unions.
Welcome to extreme left wing, government occupying commanding heights of economys Modi Raj.
Wholesale disinvestment is the need of the hour. These babus will never mend their ways. Most of these babus are from the Hindi heartland of Bihar, UP, Haryana, MP and Rajasthan. They bring their regressive culture to these organizations which includes a pathetic work ethic. These entitled babus would not last a day in the private sector.
Wholesale privatization is the need of the hour. The Modi government must not be afraid of employee unions.