Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
Oil and select auto heavyweights bore the brunt of selling pressure; ONGC, RIL, Tata Motors, M&M key losers.
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
The dollar's weakness against rivals overseas supported the rupee.
The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
Auto and realty shares were among the top Sensex gainers.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
From its all-time peak of 38,989.65 scaled on August 29 this year, the Sensex has fallen by 2,921.32 points, or 7.5 per cent, to 36,068.33.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
HDFC Bank was the top gainer in the Sensex pack, rallying nearly 4 per cent, Infosys jumped over 3 per cent. Sun Pharma, NTPC, HCL Tech, Tech Mahindra, HDFC, RIL and TCS also closed with gains. On the other hand, Axis Bank was the top laggard, followed by ITC, ICICI Bank, IndusInd Bank and Maruti Suzuki.
The market closed with the largest ever fall of 564 points on Monday in the worst-ever volatility even as the BSE authorities suspended the trading twice during the first half of the session in a bid to mitigate the damage.
Participants are eyeing the Bihar elections.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Heavy unwinding by foreign portfolio investors and lacklustre equities dampened the sentiment
Market participants are now awaiting Thursday's meeting of the European Central Bank
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
After another day of volatile trade, the rupee today appreciated by seven paise to close at a new one-month high of 59.04 against the dollar as the RBI's liquidity-tightening measures continued to lend support.
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Snapping a two-day fall, the rupee opened strong at 59.49 a dollar from the previous close of 59.76 at the Interbank Foreign Exchange Market and then touched a low of 59.59.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
Robust capital inflows alongside a slightly weaker greenback too reinforced the dominance of the home currency
The rupee had revisited the near 2-month low of 60.55 per dollar earlier in the session.
Unwinding of long dollar positions ahead of the US job data backed the rupee sentiment
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
The domestic unit moved in a range of 64.14 and 63.99.
Ministers might be fond of attributing the Sensex's rise to renewed interest from foreign investors, betting on an impending revival in the economy, but share prices are influenced more by supply and demand.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. These stocks account for 94 per cent of India's total market capitalisation.
In forward market, premium for dollar declined in view of mild receivings from exporters.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Tata Motors was the top gainer on better-than-expected June quarter revenues
Banks and exporters preferred to reduce their dollar position in view of its weakness.
The rupee has lost 37 paise or 0.55 per cent in two days.
Persistent fall in crude oil prices affected the market sentiment
The rupee recovered by 11 paise to trade at 60.84 against the US dollar in early trade today on selling of the American currency by banks and exporters.
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