The first economic readings to be published in 2015 will be out on Monday, when the government releases industrial output data for November and the consumer price index for December.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
This is mainly due to GST impact on manufacturing and subdued farm output.
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.
If the Puja as a brand can be marketed more effectively outside Bengal, even overseas, it might do wonders for the economy, says Atanu Biswas.
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
The rally is being fuelled by across-the-board buying.
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.
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.
Top corporates have paid more advance tax in second quarter this year.
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.
'Fox makes films worth millions and millions of dollars. Fudging a few crores doesn't make much difference.'
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.
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
Polling in Phase II of the Uttar Pradesh Assembly elections consists of 67 constituencies spread across 11 districts.
A new study of well-being finds Indians perception of their own lives declining.
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.
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.
The positive numbers raises hopes of recovery.
India's economic growth accelerates to 7.4% in Sept quarter
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.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
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.
New projects will boost investment in India, says Anand Mahindra.
The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.
A foreign holiday has now become non-negotiable for Indian consumers.
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:
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
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.
By 2020, we should have some 10 listed sports companies, with one or two big enough to be on the Sensex
Profit-booking and selling pressure on below-normal monsoon forecast, marred sentiments, traders said.
At 47 protests a day, the state has become the most restive in the country and investors are becoming increasingly wary
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.
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.
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