The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
Metals bucked the trend and shone across the board.
'EPFO's investments this financial year should be Rs 1 lakh crore'
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
Government's financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
An open offer for acquisition of additional stake in a listed company can move forward only after issuance of 'observations' by Sebi.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
NBFCs are allowed to include registration, stamp duty
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
The Sensex ended in red on domestic concerns.
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.
The Sensex ended up 244 points at 28,504 on strong global cues.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
'I have been most pained at being painted as an absconder'.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Five out of the top 10 companies in Fortune 500 list of Indian companies are from the oil sector.
Three fund managers share their views and state where they are looking for value.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
Banking and capital goods stocks were out of favour, while oil and auto stocks saw buying interest.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
The recovery was led by pharma majors led by Dr Reddy's Labs.
USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.
Most Asian markets ended with gains.
Political funding of elections has led to the rise in black money in the economy.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
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