Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
75 companies can dole out Rs 1.1 trillion from the 'extra cash' to shareholders.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
'India's sizeable foreign exchange reserves should serve as a buffer.'
'Earnings revival could be two quarters away.'
Caution prevailed across the bourses ahead of the Union Budget.
Govt is selling a stake in Coal India worth around $3.7 bn.
Bank shares were the top gainers led by ICICI Bank.
The rupee resumed higher at 61.75 as against the last closing level of 62.05 per dollar at the Interbank Foreign Exchange (Forex) Market and firmed up further to a one-month high of 61.53 before quoting at 61.59 per dollar at 1045 hours.
The Budget loosened the reins on public spending to drive growth.
Moody's has a 'Baa3' rating for India, with a positive outlook.
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
'We are overweight on India, as it is one of the best in emerging markets (EMs)'
The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.
'When George Bush Senior decided in 1992 that India and the United States must start talking in this-now-changed world, who would have thought that 10, 15 years down the road, we will start looking at each other as strategic partners?'
Weakness in Infosys, L&T and Hindalco cap index gains.
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
Participants are keeping an eye on the Winter Session of Parliament, which started today, and US fiscal policies to be followed by President-elect Donald Trump
IIP for November 2015 and CPI for December 2015 will be announced today.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
In worldwide trade, the American dollar traded with solid strength against all major emerging currencies
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
This surpassed its previous record close of 29,974.24, reached on April 5.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
Financial shares were the top losers.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
Experts say the BSE Sensex could rise to around 32,000 in a year.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The US dollar's weakness against some currencies overseas capped the losses.
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
Sebi has long struggled with balancing the needs of small investors and those of the market.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The BSE Midcap and Smallcap indices have performed better than the front-liners
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
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