A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.
The company's growth was driven by a decline in total expenses, lower finance cost and higher other income.
Cipla, though late in changing its strategy for international markets, has in recent years taken an inorganic route for expansion.
Gold prices are set to drop further in the domestic market, owing to the rupee's appreciation.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
The repo rate, at which RBI lends to the banking system, will be at 7.5%
Market sentiment around the stock has continued to be positive on the back of improving outlook for the US economy and anticipated weakness in the rupee.
Indian pharma firms under European drug regulator's scanner.
Markets gained for the fifth straight session to end the customary 'Muhurat' trading session held to usher in the new year Samvat 2071 on a firm note post the slew of reforms announced by the government over the past few days.
This comes just a day after another tremor, with a 6.4 magnitude, jolted the state on Thursday.
Shares in Sun Pharmaceutical Industries fell by more than 5 per cent after the company settled a patent suit with Pfizer Inc related to its acid-reflux drug for $550 million.
Real Madrid fought back from the brink of elimination to beat Manchester City 3-1 after extra time and 6-5 on aggregate in an enthralling and dramatic Champions League semi-final on Wednesday.
Three days after Los Angeles basketball great Kobe Bryant, his 13-year-old daughter and seven others perished in a helicopter crash, his wife, Vanessa, broke her silence with an Instagram message saying she was "completely devastated" by their loss. Kobe Bryant and the couple's second daughter, nicknamed Gigi, died on Sunday when the helicopter they were flying in en route to the Mamba Sports Academy for a girl's basketball tournament crashed in foggy weather on a hillside northwest of Los Angeles.
Gains were led by HUL on better-than-expected margins in March quarter and capital goods shares.
Bharti's operating margin for India wireless business grew 80 basis points sequentially to 34.9 per cent.
Bharti'suarterly revenue run rate continues to be hover around the $1.2 billion mar
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
He's not a cakes-and-candles kind of person, the legendary superstar confesses to Subhash K Jha.
Jae'Sean Tate finished with 21 points and 10 rebounds for the Rockets, who fell for the second time in two days and have lost eight straight games.
Though stocks backed by private equity investirs are likely to have higher governance standards, investors should do their own due-diligence, experts tell Sanjay Kumar Singh
Shares in Infosys Ltd rose as much 6.7 percent on Friday, after the company raised the lower-end of its fiscal 2014 dollar revenue growth guidance.
'In the last seven years or so, many reigning heroes have stopped working with him because no matter how popular a star they are, irrespective of whether they are playing the lead, it eventually becomes an Amitabh Bachchan film!'
Higher rural incomes, pay commission benefits, and lower interest rates are key positives: Analysts
The S&P BSE Sensex has gained 149 points to open at 25,802.
The implementation of MCLR from April 1 has already led to a rate cut of 10 basis points on home loans by the country's largest bank, State Bank of India, and others.
Images from Day 8 of Wimbledon 2022 at the All England Lawn Tennis and Croquet Club in London, on Monday.
Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Do not decide your investments based on election results.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
Consolidation is the prime mood of the Indian equity market at the moment.
The move will have cascading effects for lot of related sectors
The spike in coronavirus deaths came on the same day the number of people hospitalised broke the 100,000-mark, according to the Covid Tracking Project.
Gold monetisation scheme will help unlock value of gold.
Operating margins decline to 10.3% in March quarter on one-time payouts but may recover to 12% in FY2015.
All shares held by SBI in the five associate banks will stand cancelled after merger.
Ashok Leyland, ITD Cementation India have more than doubled.
Analysts said FIIs had created long positions worth Rs 9,700 crore (Rs 97 billion) in index futures till recently.
The market breadth, indicating the overall health of the market turned negative from positive