The economists, who were surveyed, also felt it will take time for banks to make any further reduction in deposit rates
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Volatility might continue as the Chinese market is expected to open sharply lower, following a long break
RE of GDP for 2015-16 show that the economy grew 7.9% in 2015-16, rather than the earlier estimate of 7.6 per cent.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
It's a clear signal that Indian economy is not out of woods.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
The recovery was led by pharma majors led by Dr Reddy's Labs.
The recent softening of inflation is purely a base effect at play.
A moderate recovery in Indian factories, exports and investments were probably the main drivers for an increase in overall growth in the quarter through March.
The bigger worry is that its effects could linger well into the next financial year.
Production grew by a mere 0.5 per cent year-on-year, a significant comedown from the 3.5 per cent clocked in June.
Markets closed in the red on domestic worries.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
Participants are keenly waiting for the January IIP.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Only power generation grew faster in 2014 than in earlier years.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
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
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
As the bull-run in Dalal Street gathers pace, people keen on riding it are looking to arm themselves with new tools and techniques.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Private consumption is looking up and will get better as the full effect of the good monsoon is felt on rural income, and the effect of the payout from the Seventh Pay Commission is felt on urban income, say Anis Chakravarty & Rishi Shah.
IIP for November 2015 and CPI for December 2015 will be announced today.
A survey by industry body Ficci has lowered the country's economic growth forecast for 2013-14 fiscal to 5 per cent, from 6 per cent projected in July, indicating tough times ahead.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
IDS-2 and raids to uncover black money stash keep receipts flowing
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
As fitness screening for pilots after the recent Germanwings crash come under scanner, mid-term psychometric tests for pilots of Indian air carriers are being mulled by the government to detect any cockpit crew who are too mentally ill to fly.
Slowdown persists in China. India's GDP estimates for 2015-16 are liable to be pared; projections for 2016-17 are lacklustre.
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
Budget should raise revenues & reduce spending to increase capital expenditure.
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