Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Investors took comfort from Finance Minister Arun Jaitley's statement, who underlined the need to have globally compatible tax rates to broad-base the economy
On the back of strong foreign investor flows, the stock market barometer BSE Sensex today jumped more than 1 per cent to log new lifetime high, while the rupee appreciated 24 paise to trade at 60.65 against the US dollar.
'Fox makes films worth millions and millions of dollars. Fudging a few crores doesn't make much difference.'
The rally is being fuelled by across-the-board buying.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
The airline has failed to address fliers' fears and has been opaque about the allegations of tax and financial fraud, giving rise to apprehension that Jet Airways may be headed the Kingfisher way.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
Oil & gas, banking and pharma sector stocks stole the show
Top corporates have paid more advance tax in second quarter this year.
For the entire 2015-16 fiscal, the factory output grew at 2.4 per cent, down from 2.8 per cent in the previous fiscal.
Polling in Phase II of the Uttar Pradesh Assembly elections consists of 67 constituencies spread across 11 districts.
A scroll through Akshay Kumar's Instagram feed shows numerous posts and stories promoting Gold. Sonakshi Sinha, on the other hand, posts stories from her shoots and events to drive home the message of an upcoming release. In both cases, the film in question gets much-needed attention.
A new study of well-being finds Indians perception of their own lives declining.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
The output, as measured by the Index of Industrial Production, had contracted by 2.5 per cent in the same month of last year.
The broader markets closed in tandem with their large counter parts- BSE Midcap and Smallcap indices lost 0.065 and 0.10%, each.
India's economic growth accelerates to 7.4% in Sept quarter
The positive numbers raises hopes of recovery.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
Meanwhile, IIP for June was revised upwards to a decline of 1.78 per cent from a provisional 2.2 per cent dip in production. It contracted by 2.8 per cent in May this year.
Global rating agency Standard and Poor's on Wednesday cautioned that large deficit economies including India could face more economic problems in the near term.
India leads global remittances in the year 2013 with a whopping $70 billion in its kitty, of which USD 65 billion were earned from the country's flagship software services exports, the World Bank reported.
The combined market valuation of top six Sensex companies surged by Rs 26,346 crore last week, with Reliance Industries and HDFC contributing the most to the gains.
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ITC, TCS and HDFC Bank emerged as the biggest gainers during the period.
The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.
New projects will boost investment in India, says Anand Mahindra.
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
A foreign holiday has now become non-negotiable for Indian consumers.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Bharatiya Janata Party senior leader Sushil Kumar Modi talks to Satyavrat Mishra about the prospects of the party in Bihar. Modi says only the assembly elections or general elections are the true barometers of popularity. Edited excerpts:
At 47 protests a day, the state has become the most restive in the country and investors are becoming increasingly wary
By 2020, we should have some 10 listed sports companies, with one or two big enough to be on the Sensex
'Is Trump going to play a mediating role? Can he play a mediating role? It's out of the question.' 'Kashmir is an Indian responsibility.'
Profit-booking and selling pressure on below-normal monsoon forecast, marred sentiments, traders said.
The NSE Nifty, comprising 50 shares, breached the 8,300-mark for the first time to hit a new lifetime high of 8,330.75.
The victories with huge margins came as a Diwali gift and a shot in the arm for the nearly six-month-old alliance ahead of the 2019 Lok Sabha polls after facing frequent questions about its longevity.
Industrial production growth slowed down to five-month low of 0.4 per cent in August mainly due contraction in manufacturing output and lower offtake of consumer goods.
Union Water Resources Minister Uma Bharti on Monday dismissed concerns over alleged slow progress in the Centre's Namami Gange programme saying that the NDA government has resolved to make the river as "one of the cleanest" in the world by October 2018.
Amid sustained weakness across categories, the Indian stock market remained below the trillion-dollar mark for the third consecutive day today, as the total valuation of all listed companies slipped further to $944 billion.
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