Sensex eneded lower on poor perfromance by financials and IT stocks.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
It was the RBI which destroyed our $-job economy. It is for the RBI to resurrect it by instituting news ways of managing the INR, says Sonali Ranade
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
K L Rahul, the kingpin of the KXIP batting, is second (MVPI: 601), followed by Sunrisers Captain Kane Williamson (543). Jos Buttler, after his match-winning batting for Rajasthan Royals on Friday night, is just 4 'runs' behind at 539, and M S Dhoni is fifth with 538 'runs'.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Summary of sports events and persons who made news on Tuesday
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
Participants are keenly waiting for the January IIP.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
The Sensex ended lower on unfavourable cues.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Here's a closer look at the showcause notices issued to Lalit Modi
Promoter entity RRPR - owned by Prannoy and Radhika Roy - says allegations baseless; replies to queries by Sebi.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with its true nature. It is something that educated right of centre Hindus are trying to correct, says Sanjeev Nayyar.
The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
