Attractively low prices, rising demand and a favourable ratio to gold point to better days ahead for the white metal.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
Positive cues from Asian peers also uplifted the sentiment.
Asian shares ended higher after a string of positive US economic data.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Market participants are now awaiting Thursday's meeting of the European Central Bank
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
The industry feels that prices of active pharmaceutical ingredients (APIs) can go up in the range of 5-15 per cent.
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
The international investors who are investing, merging and shaping India's new ecommerce start-ups are betting that if China can produce an Alibaba with an expected market value of $ 170+ billion market value when it does its IPO, India should produce at least one or two with a $5bn+ market value, says Ajit Balakrishnan.
Sensex, Nifty end lower on global concerns.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
Sensex in green in afternoon trade.
Despite the recent imposition of import rule and high duties, the yellow metal continues to attract buyers.
India's cumbersome arms procurement procedures and a plodding Ministry of Defence bureaucracy have long been blamed for shortfalls in combat capability. Now there is another, more worrying, reason - a growing crisis of funds, magnified by the lack of tri-service coordination.
Citing rising prices, slowdown in growth and depreciation of rupee among the problems facing the economy, the opposition members said in the Lok Sabha that they feared the repeat of the 1991 crisis when the country had to mortgage gold as it failed to meet short-term debt obligations.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
Overall market benchmark Sensex is headed for its worst performance in four years with a decline of 1,650 points
Four individuals who have taken up poker professionally tell Norma Godinho/Rediff.com how their stars have changed for the better.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
'Should the two armies clash in a conventional battlefield, the advantage will pass more and more to the Indians as the battle progresses,' says Brigadier S K Chatterji (retd).
The biggest lesson China can teach India is that when it comes to sustaining a love affair with investors, nothing works better than an undervalued currency and its by-product: a current-account surplus.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
India's good fortune, experts in the US feel, is not the result of a fundamentally strong economy, but because it is the best of a bad set of options.
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
'Indians are great savers, but they are lousy investors.'
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
Affected firms note practical problems in getting discoms, consumers to pay for costlier supply; viability shadow on investments
'Saying that Snapdeal is not doing well is beyond premature. Suggesting that someone has won or lost is myopic.'
Despite no change in interest rates, India's largest lender, State Bank of India, last week became among the latest to lower deposit rates, often a precursor to lower lending rates, something some banks have already done for certain consumer loans.
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