US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Sensex rises, Nifty ends at record high; RIL shares rally.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
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.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
The Nifty had hit its third successive record high of 7,922.70 today.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
Markets end higher ahead of Fed outcome, China stimulus
The index had risen over 585 points in the previous three sessions.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
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Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
'Your constant reiteration on the lack of religious freedom in India has sown doubts about the kind of information that you are being fed and based on which you seem to be making adverse references to India and its tradition of religious tolerance.'
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
'If one observes a common man passing a church or gurdwara or dargah, he instinctively bows his head. It is this prevalence of polytheism that has ensured that monotheists and minorities flourish in India. This may sound preposterous in wake of the recent communal clashes in Muzaffarnagar. But it must be understood that in a county of over one billion people that was at worst an aberration,' says Colonel Anil A Athale (retd).
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
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