The Street had factored in the NDA win, owing to which the appreciation in the rupee is expected to be limited
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
Lower fuel subsidy payouts might restrict gross fiscal deficit in FY15.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
Deadline to submit convincing reform plans is this week.
The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
If the country is to meet its jobs and income challenge, there has to be a parallel focus on jobs in the formal sector.
A glance back at some important events that occurred in 2018.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
Finance Minister Arun Jaitley said RBI and the government are in continuous dialogue and that relationship will continue.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
The assumption clearly was that project execution timelines would be adhered to and revenues would flow in as scheduled.
Corporate India at present is more indebted than all state govts put together.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
India must have a "contingency plan" in place to ring-fence the country's economy if the political showdown in the US leads to a default on its international monetary obligations, industry body Assocham said.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
The 30-share Sensex ended down 215 points at 27,011.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
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.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
IT sector has lots of hope from the Union Budget 2014-15.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
The Indian diaspora remain bullish despite single-digit equity market returns since May 2014, says Pavan Burugula.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
P Chidambaram said to be able to play a meaningful role in the global governance, the G-20 agenda should be sharper and focused only on those issues on which it can make a distinctive contribution, particularly, on economic and financial matters.
The non-oil, non-finance sector of the economy is under severe stress.
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
'If development, investment, employment, implementation, credibility and commitment are ensured, security will automatically improve and subversive and militant elements will lose ground and be neutralised by the people themselves,' says B S Raghavan, the distinguished civil servant.