Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Financials were the top losers after sharp gains in the previous session along with ITC
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
In 10 sessions Sensex rose over 8%
China is keen to rebalance its economy towards higher consumption, services, technology use and value-added exports. The hope is that its currency will strengthen as the world embraces it as a global trade and reserve currency, say Abheek Barua & Bidisha Ganguly.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
While we have our wish lists ready, it's only on February 28 that the verdict will be out. We do hope the FM plays Santa and brings some good cheer in this financial year. Meanwhile let's take a moment and list our expectations.
Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
These have always been pro-cyclical bets but new banks could erode RoEs.
Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with Rediff.com's readers.
Ajit Balakrishnan on understanding the anti-cash chorus.
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
Insurance firms want more clarity before increasing foreign partner's stake.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.