Revival in domestic business should also help overall revenue growth.
In New York, the dollar fell against the British pound on Wednesday after the Bank of England raised its projections for UK growth in 2014. However, analysts warned that gains against the dollar could be limited.
Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
The Sensex opened with a positive gap of 11 points at 5,381, it slipped marginally to touch an intra-day low of 5,380.
The Sensex opened seven points higher at 5,305, owing to fresh buying in tech stocks in the early morning deals.
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
The Sensex closed with a gain of 16 points at 3,780.\n\n\n\n
The Sensex opened with a positive gap of 17 points at 5,105 owing to bullish global markets.
ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Adani Ports, BHEL, Tata Motors, ONGC, Mahindra & Mahindra and Tata Steel were the top losers.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Investor wealth on Thursday soared by Rs 1 lakh crore, triggered by heavy buying in the stock market, with the BSE benchmark Sensex surging about 382 points to close at near six-week high levels.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
The total market capitalisation of BSE listed companies stood at Rs 1,01,68,542 crore.
The B-school also witnessed new roles in the domain.
Markets extended losses after the first hour of trade with HDFC Group shares leading the decline.
Sensex shed 167 points to close at 28,633 and Nifty dropped 55 points to end at 8,695.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
'The majority of transmission will be via people who are within two metres of one another.' 'The closer you are, the more likely that you'll be infected.'
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
IT, pharma and FMCG stocks are the top performers in 2013.
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
The S&P BSE Sensex dropped 207 points to end at 25,230.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
The Sensex took less than two years to rally from the 10,000-mark it first hit in February 2006 to double that on that New Year's Eve.
Top 5 losers include Lupin, Cipla, Sun Pharma, Dr Reddy's Lab and GAIL down 1.6%-11%.
Drugs under exemption make up roughly 95 per cent of the antiretrovirals used by India's AIDS patients
Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside.
A recent report has suggested that future patent expires in the cardiac and anti-diabetes space would form a good opportunity for smaller firms, given their franchise in these segments.
Sensex closed the day 416 points higher.
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