The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.
'The good news is that money continues to flow into India-focussed offshore funds.'
The engines of Asia's re-emergence - India, China and five other economies -- will account for 45 per cent of the global GDP by 2050, according to a report by the Asian Development Bank (ADB).
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
A fall in blue-chips such as Larsen and Toubro on anxiety ahead of the quarterly earnings season and inflation data hurt local shares.
For the 50-share NSE Nifty, the close came in at 10,739.35, higher by 47.05 points, or 0.44 per cent
The modus operandi highlighted by CBI says that while the corporate strikes a deal for imports with a company in one country, the billing is done at inflated prices in other country by the group's front company.
RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event. Global insurers face a hefty bill if the coronavirus forces the cancellation of the Games, with estimates of the cost of insuring the showpiece running into billions of dollars.
'What Trump and Kim have demonstrated is that leaders need not remain prisoners of the status quo and they can, by showing the necessary will and courage, break out of the hang-ups and constrictions of the past and carve out a new pathway for themselves,' says B S Raghavan.
Panagariya also stressed that India must continue the liberalisation of its top tariff rates and the country should not revert back to import substitution.
Most of the companies are Chinese and surprisingly all are diversified banks.
Trump abruptly rejected the text of the consensus statement and bitterly insulted Canadian PM Trudeau.
Analysts said that there is some amount of decoupling between India and the rest of world backed by strong growth momentum.
Of the 30-share Sensex pack, 15 today closed in the red
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
The comment was in response to a June 19 Reuters story citing sources with knowledge of the matter as saying that India planned to clear some oil payments to Iran through the United Arab Emirates central bank.
Tata Consultancy Services (TCS), HCL Technologies and HDFC Bank are among the 50 best public companies in Asia-Pacific according to a compilation by Forbes, which ranked India second behind China as home to the "world's next growth engines".
Pantech, South Korea's No.3 smartphone maker, has been under a debt-restructuring programme after suffering six consecutive quarters of losses.
Retail inflation has eased from double digits in 2013.
About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
The temporary disruptions (primarily to private consumption) caused by cash shortages accompanying the currency exchange initiative are expected to gradually dissipate in 2017 as cash shortages ease, the International Monetary Fund said in its regional economic outlook.
He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.
A majority of HMIL's current export comprises the i10 model, which is exported to Asia, Latin America and Western Europe. In addition, the company has stated that 90 per cent of the i20 model (a premium hatchback) will be exported. The company will produce 150,000 units of the model annually.
The Reserve Bank is likely to reverse its soft rate regime by as early as April next year and increase its key policy rates by 125 basis points each by 2010-end due to rising food prices, global financial major Citigroup has said.
Modi tells global investors to invest in India.
The 50-share NSE Nifty shed some ground to settle at 8,699.40 points, up 40.30 points, or 0.47 per cent
Reliance Industries leads the pack of 56 Indian companies.
The broader NSE index has fallen about 0.9% as investors wait for corporate results
Positive cues from the global market front aided the rally.
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
Reliance Industries, Infosys and Tata Motors were the top contributors
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
America's decision to give India exemption from imposition of certain sanctions for the development of the port is driven by the South Asian strategy, which was announced by President Donald Trump in August.
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
Markets crashed due to domestic worries; bluechip stocks tanked too.
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