The rally in most of these stocks is partly attributed to impressive financial performance.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
Most Asian markets were trading weak on Monday.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
In good times, analysts justify valuations giving interesting investment rationale.
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.
It was a year of big gains for equity investors.
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
The Sensex ended in red on domestic concerns.
India on track to be third largest consumer economy by 2025.
This analysis is based on the quarterly earnings for 724 companies.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Companies in the small-cap universe are having a dream run - the Nifty Smallcap 100 index has shot up more than 25 per cent on a year-to-date basis, even as the benchmark Nifty is up 7 per cent. This is the best start for the index since 2017 when the Nifty Smallcap 100 index surged 32.3 per cent between January 1 and May 10. However, in terms of outperformance to the Nifty, this year's performance is the best in more than a decade. A combination of sectoral tailwinds and lack of institutional selling pressure has helped small companies escape from the correction triggered by the second wave of Covid-19.
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
Many analysts find market expensive, even at current levels.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
The Indian indices also offer one of the lowest dividend yields.
Longest period of price-earnings expansion in the index since 1996
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
Tata Motors, Titan Company & Tata Steel come in at second, third & fourth slots.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
Once tipped to emerge as the biggest exporter, the pharmaceutical industry is yet to acquire the scale of those in software services, says Krishna Kant.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
The benchmark Sensex companies' underlying earnings per share are down 3 per cent (on a cumulative basis) since January 2015, against 25 per cent rise in the index value during the period
ITC's net profit grew the fastest, followed by HUL and Asian Paints.
China now world's second largest share market, India is 7th
Chances of a sudden collapse in the Shanghai Composite are remote.
There, however, has been an improvement in operating margins.
Through the past 12 months, the Bank Nifty has risen 55%
This weakness is likely to continue in the near-term.
Tata Steel and Tata Chemicals under investor watch
With mutual funds, promoters turning net-buyers, foreign investors may have to bid up prices to raise holdings.
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