Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
'The politician in him saw to it that the foundation stone was laid in Ahmedabad in the run-up to the assembly election in Gujarat in 2017.' 'But the statesman in him also wants it to be his legacy.'
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
Tax experts said that in FY17 around 80,000 people had reported incomes of over Rs 1 crore
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
In a major development in the fight against black money, multilateral grouping OECD today unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
Chanda Kochhar said a large section of youth, mainly underprivileged have little access to training that can increase their employability.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government's own data for the entire FY19 period has shown that inbound equity investments declined for the first time in six years in FY19.
The RuPay card is accepted at all ATMs (1.6 lakh plus), 95 per cent of PoS terminals (9.45 lakh plus) and most of the eCom merchants (about 10,000) in the country.
Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.
'The Chinese can't be trusted hence the need to verify and re-verify.'
Only India is anticipated to witness better growth momentum among the BRIC bloc
Today, it holds $131 billion in assets under management.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
Can we find fault with RBI for not intervening enough in the market? Actually no, say some experts. A correction in rupee was long overdue.
Given the macro setting, the outlook remains positive for each of the four key parameters - inflation, current account deficit, fiscal deficit and currency stability, says Rahul Bhushkute.
E-commerce in India could grow to $137 billion by 2020 from $11 billion in 2013, says Morgan Stanley, and firms like Amazon, local market leader Flipkart and rival Snapdeal, backed by Japan's SoftBank, are fighting for a bigger share.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
'My election slogan will be 'kaam bolta hai.' 'Those who have lined up outside the banks will also line up on voting day and vote against the BJP.'
The Survey shows fiscal consolidation despite slowdown in growth.
Most Asian stock markets steadied on Wednesday.
President Xi Jinping's visit may put relations between India and China on a new trajectory
'I think the markets will move up given that there will be more money.'
It will also provide support to the government for finalising the financial and implementation models.
Nifty snaps 10-day winning streak
'Dementia is going to be a huge challenge for hospitals, doctors, nurses, physiotherapists, health workers and family members.'
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
Downplaying concerns of delay, Amitabh Kant, managing director of Delhi-Mumbai Industrial Corridor Development Corporation (DMIC), says the project will be delivered on time.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
Moon Jae-in's visit will play a crucial role in exploring complementarities between India's Act East policy and South Korea's New Southern policy, says Dr Rahul Mishra.
As regards India, market valuations already reflect most positives.
