Sensex & Nifty open at record highs but slip into the red. Here's how the markets opened on 3rd February 2021.
Sensex up 433 points at 50231, while the Nifty50 rose 107 points up at 14754.
Bharti Airtel, Adani Enterprises, Adani Green Energy, Apollo Tyres, Aptech, Astral Poly Technik and Bajaj Consumer Care are slated to announce their financial results on Wednesday.
#WatchNow A round up of global cues and top stock picks for today's trades.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 58 points at the opening bell.
Drawing from the cricketing analogy, here are a few points to keep in mind while trading in equities:
The setting up of a separate Asset Reconstruction syndicate for dealing with the NPAs is a step in the right direction as it will aid better recovery and will prompt banks to increase credit.
One of the most welcomed amendments in this Budget pertains to rationalisation of dividend taxation provisions, which faced teething issues when the government abolished dividend distribution tax and shifted to the classical dividend taxation regime last year.
A bench of Justices SA Nazeer and Sanjiv Khanna said that the disbursal of money would be done in proportion to unitholders' interest in the assets.