Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
Markets ended at record closing highs for the second day in a row on institutional buying.
The sugar industry clamouring for control and intervention should set the alarm bells ringing in the corridors of power.
This analysis is based on the quarterly earnings for 724 companies.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
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Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
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.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
A summary of sports events and sports persons, who made news on Monday
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
After enduring volatility for the first two months of calendar year 2016 (CY16), global equity markets have recouped some of the losses in March. Jigar Shah, chief executive officer, Maybank Kim Eng Securities, believes the next triggers for the rally will come from a soft landing in China and no recession situation in the US.
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Condusive climate across states is crucial for manufacturing growth.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
The Survey shows fiscal consolidation despite slowdown in growth.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Not only young companies, even some established players are opting to function out of co-working spaces with an aim to quickly scale up their services. Sangeeta Tanwar reports.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
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