Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
Top seed Dipika Pallikal entered the finals of the Australian Open squash event, a PSA world tour event, after posting a 6-11 11-6 11-7 11-4 win over Hana Ramadan of Egypt. Dipika, who recently finished runner-up in the Victoria Open a few days ago, faced an initial scare from the Egyptian qualifier before she managed to grab an opportunity and turn the tables around in her favour.
The prime minister has been unstoppable as he transported the BJP to colossal success on a wave of muscular nationalism, majoritarian pride and charisma.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
The BSE Mid-Cap index was currently up 0.81%.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
International education consultant NNS Chandra shares his advice.
Summary of sports events and persons who made news on Monday
'The incidents have remained confined to the paramilitary forces on both sides with both the armies scrupulously avoiding getting involved. While this incident has been going on, the LOC has been reasonably quiet. Cross border firing achieves no tactical or strategic aims and is more a symptom of hostility. Unfortunately, India has to learn to live with this. Like Israel, we must construct shelters for the border populations and be ready to retaliate in kind,' says Colonel Anil A Athale (retd).
Nikon India MD Kazuo Ninomiya shares plans of clocking sales worth Rs 1,200 crores in FY18.
Sheela Jaywant invites you to explore The GoaWriters Group's interesting look at the lockdown.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
They'll be increasingly define everything from products to politics of this country.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
'India-US relations seem to have soured when the US expected India to not only balance China in the Asia-Pacific, but also make concessions to Pakistan as a price for US technological help,' says Colonel Anil A Athale (retd).
'India in 2020 is a lot better prepared than in 1962.' 'It is no longer a pushover; and anything other than a crushing Chinese military victory will be a major loss of face for China,' observes Rajeev Srinivasan in the first of a three part column.
Officials said Prime Minister Modi will not have a bilateral meeting with his Pakistani counterpart Nawaz Sharif during his current five-day trip to the US.
'Dementia is going to be a huge challenge for hospitals, doctors, nurses, physiotherapists, health workers and family members.'
'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.'
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
'The biggest takeaway is that the US-India relationship, which has sputtered a bit in recent months, enjoyed a big boost.'
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Finance Minister Arun Jaitley on Wednesday said the country is on an "upward curve" and a good monsoon, GST passage and increased infra and rural spending will further accelerate the growth.
Markets shrugged off RBI's neutral stance on key policy rates.
Bank shares were the top gainers led by ICICI Bank.
On the BSE, 1,493 shares declined and 1,236 shares rose. A total of 177 shares were unchanged
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
Summary of sports events and persons who made news on Tuesday
India Inc had cheered Donald Trump's decision to scrap TPP, but now there is a growing sense that it won't really lead to positive growth in trade with the US. Subhayan Chakraborty reports.
ICICI Bank was the top loser along with index heavyweights RIL, ITC and HDFC.
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.
Star grappler Sakshi Malik bagged a silver medal for India in the ongoing Asian Wrestling Championship after losing to Japan's Risako Kawai in women's 60kg category in New Delhi, on Friday.
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