Sensex, Nifty put up a good show in closing trade.
A ministry spokesperson said he wasn't aware of the development.
Technical rallies and short covering may arise only if the markets break this 500 point band
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Indices reversed all its losses during late trades.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'Corruption is rampant in every office in the state from the villages right up to Gandhinagar. I have witnessed all these issues first hand... Before Narendra Modi became chief minister Gujarat had a debt of Rs 25,000 crore to Rs 30,000 crore. Today it is Rs 180,000 crore. There has been six-fold jump in public debt in Gujarat in the last ten years... Every child born in Gujarat owes a debt of Rs 30,000 today. How can you call this development? Look at how high taxes are in Gujarat. Look at the condition of our public health system. There are not enough doctors or nursing staff in government hospitals; not enough teachers in schools and colleges.' Three-time BJP MLA Dr Kanubhai Kalsaria rips apart Narendra Modi's policies.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
'Today, environment has become an issue of political debate. It has become a media issue. I think that is a good development.'
