Boost to dairy sector will generate jobs
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Sustained inflows of foreign funds supported the rupee
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The broader markets are, however, outperforming the larger peer.
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.
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
Experts say a lot of new wealth is being generated by promoters selling their stake.
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
'A lot of people -- whether farmers, students or businessmen -- think when they take a loan, that everything will go well and they will pay back.' 'Sometimes, things don't go well.'
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Indian indices fell more than those of most other emerging markets.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
With their balance sheets under stress, private companies have lost interest in them.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.
The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The rupee opened steady at 63.30 per dollar at the Interbank Foreign Exchange; but, firmed up to 63.22 before quoting at 63.23 per dollar at 1000 hours.
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
There is merit in considering whether merchandise exports can be facilitated by halting if not reversing the rupee's appreciation, says T N Ninan.
Fresh demand for the US currency from importers and banks alongside sustained capital outflows by foreign funds weighed on the local unit
Oil tanked to a 7-year low as OPEC decided to maintain production.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Indices reversed all its losses during late trades.
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
The dollar index was up by 0.43 per cent against a basket of six major currencies as euro dropped against the dollar, after quarterly economic reports from France and Germany missed expectations, said analysts.
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Markets crashed due to domestic worries; bluechip stocks tanked too.
Rise in crude oil price and rally in global equities aided the sentiment
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
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