A large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore
The breadth was neutral with 1,329 advances and 1,320 declines.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The success stems from Titan's betting hard on wedding jewellery over the last three years. It now contributes 20 per cent to revenue.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Markets end in red; bluechips struggle to keep pace.
Sensex closed over 118 points down on Thursday.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Parekh said divestment can unlock huge funds.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
The Budget decides to take the lead in revving up infrastructure.
Sensex closed 63.82 points higher at 26,851.05 in Muhurat trading; Nifty rises 18.65 points to end at 8,014.55.