The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
iGate Corp, the Nasdaq-listed information technology (IT) services company, on Thursday posted better-than-expected numbers for the quarter ended September 30, backed by impressive performance by some of its key verticals such as banking, financial services & insurance (BFSI), manufacturing and health care.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
The market breadth, indicating the overall health of the market was strong
The Nifty had hit its third successive record high of 7,922.70 today.
Exports to Europe shrank by near 2 per cent in the 11 months.
The 30-share Sensex ended down 69 points at 28,192 and the 50-share Nifty closed 20 points lower at 8,551.
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
Thinking big, China is changing the world order; with mixed priorities, we can but tag along, writes T J S George.
'The stimulus packages, sector reliefs, loans etc are coming to industry, but state governments have not got any money from GST, no money from excise, no money from any income source.'
India has undertaken a number of structural reforms.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
A look at the current contenders International Bank Note Society's Banknote of the Year
Deadline to submit convincing reform plans is this week.
Under pressure from India and other countries, Switzerland has made key changes in its local laws governing assistance to foreign nations in their pursuit of black money allegedly stashed in Swiss banks.
Mr Rahul Gandhi himself has given seven different prices in different speeches with regard to the Rafale, that is the 2007 offer.
Rediff.com recaptures these and other exciting sporting moments from the week gone by....
Modi is also scheduled to hold a bilateral meeting with Xi on Tuesday.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Will Greece manage to pay euro 1.5 billion to IMF?
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
Investors will remain cautious ahead of F&O expiry.
A major criticism of the new law is that it can become an instrument of abuse as it confers the tax enforcement authorities with strong discretionary powers, says Paranjoy Guha Thakurta.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
'He gets scared when he faces someone who says I will not back off, he backs off,' Rahul said about Modi.
Swaraj emphasised that the UN must accept it needs fundamental reform.
'A lot of unauthorised encroachments have taken place in our forest area.' 'The landslides are partly because of such encroachments.' 'The other factor is deforestation.' 'Protection of forest resources is not on the agenda of any government.' 'The damage caused by the rain in Kerala is a man-made factor.'
The banks says that valuations are reasonable.
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
Economic recovery is well under way in some advanced economies.
'Muslims have been exploited for 65 years. They have been reduced to a community of committees and commissions. Nothing happens. Since 1947 they are worse than Dalits.' 'Muslims voted en-bloc once upon a time. Not now. Muslims are fragmented everywhere. They have the same choices as the Hindus in that area.' 'Muslims are not alienated. The alienation is between the haves and have-nots. Poverty in India has both Hindus and Muslims.'
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
Euro zone leaders will hold an emergency summit on Monday.
'Our Lockdown Life has a sort of schizophrenic, Dr-Jekyll-and-Mr-Hyde personality about it,' says Vaihayasi Pande Daniel.
Experts say Indian students will have to accept that international space for them is shrinking.
The only reason for the new deal is to give Rs 30,000 crore to industrialist Anil Ambani, the Congress chief alleged.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
