ICICI Bank extended yesterday gains, rising 10% in two trading sessions
In a 35-minute address to the Indian diaspora, the prime minister said that his government was not afraid of taking "big" and "tough" decisions in the interest of the country.
Financials and auto stocks were the top losers while energy and IT shares recovered
As regards India, market valuations already reflect most positives.
The rally in index heavyweight ITC has boosted the sentiment across the board.
Given the concerns around trade wars that threaten to jeopardise global capital flows as well, attracting foreign capital needs to be a policy priority, says Neelkanth Mishra.
.jpg)
Markets ended lower on profit taking ahead of June F&O expiry.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
Dr Swarnim Wagle, the official behind Nepal's reconstruction strategy, speaks to Patrick Ward.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
Moon Jae-in's visit will play a crucial role in exploring complementarities between India's Act East policy and South Korea's New Southern policy, says Dr Rahul Mishra.
If things go as planned, the Centre will develop 12 new Lakshadweep islands under its island development programme. But they will limit their access to 'high-end' serious adventure and fun tourists -- those who won't mind spending more than Rs 15,000 for a one-night stay in some of the world's most exotic and unexplored places.
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
CLSA managing director & equity strategist Christopher Wood, and executive director Mahesh Nandurkar tell Puneet Wadhwa that the markets could give a return of around 10 per cent from the current level over the next year.
China's economy is in transition, with rising wage costs and massive overcapacity.
Oil tanked to a 7-year low as OPEC decided to maintain production.
Any correction in Indian equities is an opportunity for investors to put in money for the long term
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
'Given the sharp increase in oil prices, a mounting problem for the 2nd and 4th largest importers like China and India -- the Qingdao meeting is likely to push for the large energy producers (Russia and the Central Asian Republics) and energy consumers (China and India) to arrive at some understanding for mutually beneficial outcomes,' notes Srikanth Kondapalli.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
President Pranab's four-day visit to China that saw him meeting the top Chinese leadership and discussing the sticky boundary issue and cooperation in combating terrorism besides the need for a predictable nuclear regime.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
MC Mary Kom pulled no punches as the celebrated Indian boxer announced her intention to stretch her career by another "three-four" years and while the 2018 Asian and Commonwealth Games remain her "main focus", Tokyo Olympics, she said, is also not out of the radar yet. The London Olympics medallist and five-time world champion recently decided to go back to the light flyweight (48kg division) amid speculation that it is among the two categories that the International Boxing Association (AIBA) is pushing for inclusion in the 2020 Tokyo Olympics. The 33-year, a mother of three, is back in the ring with renewed hopes.
The rupee recovered 14 paise to 66.40 against the dollar in early trade on Monday.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
United States President Barack Obama on Thursday announced additional sanctions on Russia primarily targeted at its economy, certain individuals and a bank, in response to Russian action in Ukraine.
A customer wanting to buy a car would have to wait a long time for delivery.
These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.
Most Asian markets ended with gains.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
India has been eyeing deeper energy ties with Iran and has already lined up $20 billion as investment in oil and gas as well as in petrochemical and fertiliser sectors there.
The Nifty had hit its third successive record high of 7,922.70 today.
