Indian market probably has more headroom than the US, says Geoff Lewis, senior strategist for Asia, Manulife Asset Management.
Brokerage CLSA has raised its "already substantial overweight in India", its chief strategist Christopher Wood wrote on Aug. 7.
Silver also fell for the third day.
Merrill Lynch said on Wednesday it was upbeat on Asian equities this year because strong domestic demand would boost corporate earnings growth, with India, Thailand, Australia, China, and South Korea offering the best value.
The 'Indian story' will be badly damaged if the Modi government is not re-elected, argues investment banker Christopher Wood.
Singapore Exchange plans to launch more India-based products to provide opportunities for global investors interested in tapping the Indian market.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
According to the global financial services major, FII flows in May were mixed, with investors being more selective.
The 30-share barometer started higher, but lost its way soon after the railway budget.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
IndusInd Bank was down nearly 1% even after it reported a 21% rise in its fourth-quarter profit
The government on Tuesday cut the import tariff value on gold and silver to $396 per 10 gram and $575 per kg, taking into account weak global trends.
The banks says that valuations are reasonable.
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.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
Chinese stocks plummeted 9 per cent on Monday
Investors indulged in profit booking at attractive and higher valuations
Among other stocks, IT firm Mphasis today reported a 15.30% increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
L&T, ONGC and banking scrips power gains in today's trade
Rise in crude oil price and rally in global equities aided the sentiment
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
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Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Asia's falling stocks have triggered an exodus of funds from the region.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Any correction in Indian equities is an opportunity for investors to put in money for the long term
Indian equity markets registered their highest single-day percentage gains since early October.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
The Survey shows fiscal consolidation despite slowdown in growth.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
The regional fallout could continue.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
Experts say the BSE Sensex could rise to around 32,000 in a year.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
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?
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
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