Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
Greek proposals hailed as "a positive step forward".
Indian equity markets registered their highest single-day percentage gains since early October.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
Substantial gains can still be made with good policies and initiatives.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Ajit Balakrishnan decodes the angst-ridden discourse of the day.
Governor Rajan can be more unambiguously pro-growth.
The IMF dashed any hope that Athens could avert default.
11th-hour debt restructuring programme offered no concessions to creditors
IMF report says billions more cash and debt relief needed
As regards India, market valuations already reflect most positives.
The prospect of further falls in remittances is a hindrance for the Reserve Bank of India, as it seeks to bullet-proof the economy against sudden capital outflows
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
'...and defensive until the global macro headwinds turn more benign.'
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
The keynote address will be given by United States President Donald Trump
Traders are waiting for the earnings season to kick off.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
Some type of global shock adds to the allure of the dollar.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
The new Cabinet member says growth cannot come unless all sectors of the economy -- agriculture, manufacturing and services -- expand.
The rally in index heavyweight ITC has boosted the sentiment across the board.
Positive cues from the global market front aided the rally.
Positive cues from Asian peers also uplifted the sentiment.
Historically, tensions in West Asian regions have provided support to gold prices.
Paris attacks took the centre stage at the G20 Summit on Sunday with Prime Minister Narendra Modi calling for a united global effort to combat terrorism as world leaders joined a clarion call to eliminate ISIS network.
Budget should raise revenues & reduce spending to increase capital expenditure.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
'The market movement will be largely driven by earnings growth.'
He added that the risks can increase if the Chinese slowdown gathers more speed.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
One has to wonder what is so wrong with the European Union.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate.
The Sensex ended lower on unfavourable cues.
