This is the BJP's first full-year Budget.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
The markets tend to react six to eight months in advance
There would be a short period of turmoil in 2015 but real returns are likely to be positive.
'Election years tend to see high government expenditure on unproductive schemes, though that money sloshing around can boost private consumption.' 'Again, it can mean higher inflation,' explains Devangshu Datta.
Here are 15 things that would have made 2015 a great year.
'Markets are likely to remain choppy for the next 6 months.'
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
'Deep pockets have become a prerequisite for contesting elections on a major party symbol in most states.' 'Given the premium parties place on self-financing candidates, once you have accounted for the suspected criminals, dynasts, industrialists, and celebrities, there is not much room for anyone else.'
The haul of 64 medals at the Commonwealth Games, in July-August, which included 15 gold, should act as the ideal springboard for the Indian contingent to better its medal tally at Guangzhou, China, four years ago.
'...by combining religious and political missions -- to destroy the Babri Masjid and establish Ram Rajya.' 'Hindutva was successful in creating synergy with the aspirations of devotees,' Dhirendra K Jha, author of Ayodhya: The Dark Night, tells Kanika Datta.
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
Rbi cut rates for teh third time to ease economic situation.
Narendra Modi's pay-off from relaxing labour laws would be huge.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.
Many factors leading to the 2008 financial crisis still exist.
'It has a natural inclination to foster as much competition among civilian politicians as possible.'
Uttarakhand was a tragedy that none of us will forget. As experts analysed the tragedy, it became clear that the disaster was more man made. The intergovernmental panel on climate change in its Assessment Report 5 states that human influence on the climate system is clear and this is evident from the increasing greenhouse gas concentrations in the atmosphere, positive radiative forcing, observed warming, and understanding of the climate system.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
The US Fed on May 24 hinted at withdrawing its third round of quantitative easing, or bond buying programme, worth $85 billion each month, which began in the wake of the worst credit crisis in September 2008.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
CRR to remain unchanged at 4.00 pc this fiscal
We bring forth to our readers the list of nations sitting on a nuclear stockpile, based on the study findings:
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14.
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
'Policy was more in line with the expectations.'
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
There was hope in some quarters that the interim Budget would boost sentiment and lay the groundwork for kick-starting the investment cycle, while staying on a path of fiscal consolidation.
Invest in stocks of export-oriented and capital-intensive companies, says Devangshu Datta.
Summary of sports events and persons who made news on Friday
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
