Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
The Directorate of Revenue Intelligence (DRI) has slapped a Rs 5,500-crore show-cause notice on Adani group for alleged over-valuation of capital equipment imports.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
Sensex shed 167 points to close at 28,633 and Nifty dropped 55 points to end at 8,695.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Gains were led by Tata Motors amid robust sales in June along with select financials.
Though Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
L&T, ONGC and banking scrips power gains in today's trade
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
The broader NSE Nifty ended at 10,888, a gain of 0.77 per cent or 83 points, after shuttling between 10,900.35 and 10,844.85.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex ended below 28,000 for the second straight day at 27,869.
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
Sensex climbs higher on favourable global cues.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
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.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
The Pune-based Rahul Bajaj group, thanks to an amazing stock market ride by Bajaj Finance and Bajaj Finserv, has grabbed third spot, pushing the Aditya Birla group down to fourth position.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
For the week, the Sensex recorded a fall of 371 points, or 1.10 per cent, and the NSE Nifty 130.75 points, or 1.25 per cent.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
RBI will review the monetary policy again on September 29.
It's difficult to understand if GDP growth has actually improved.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
