Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
SBI was the top gainer after it reported lower-than-expected rise in bad loans
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
The international investors who are investing, merging and shaping India's new ecommerce start-ups are betting that if China can produce an Alibaba with an expected market value of $ 170+ billion market value when it does its IPO, India should produce at least one or two with a $5bn+ market value, says Ajit Balakrishnan.
Markets shrugged off RBI's neutral stance on key policy rates.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Reliance reported record pre-tax profit from its retail and telecom businesses. The two now account for nearly 32 per cent of EBITDA, up from close to 25 per cent previously.
There is a lot of optimism across all markets and a large part of it is justified, says Samir Arora of Helios Capital Management.
Singhania's Rs 1,041 cr gift to son Gautam triggers war over assets
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
Most Asian markets were trading weak on Monday.
Over the past year we have heard a lot about policy reforms to improve the ease of doing business in India.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The National Highways Authority of India will this year witness the highest ever growth out of the last decade. But Gadkari himself admits his biggest failure as India's roads minister has been his inability to curb loss of life in road accidents.
Top 5 losers include Lupin, Cipla, Sun Pharma, Dr Reddy's Lab and GAIL down 1.6%-11%.
From MRF to Shree Cement: 23 companies which delivered 30% CAGR in 15 years.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
'It does not look like unemployment is a priority for the government.' 'If there was one external factor which could have made an impact on low investment and low jobs, it was the Budget and it has not made any difference.' '2020 is going to be a difficult and challenging year.'
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
This is the second extension for the bids since June 18.
The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.
Vikramank Singh looks back at the year gone by!
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
The strong domestic growth for new vehicle sales during 2008-12, which witnessed a compounded annual growth rate of 14 per cent, led to an increased inventory of used cars, thanks to trade-ins.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
Govt wants to up investment in Railways
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Sahara relied on a letter from bank saying the funds were there.
An exchange which preaches others on governance must start practising it first, says Shyamal Majumdar.
What matters is the culture and the atmosphere of the workplace, and whether employees get treated fairly. 'It is also important for the employee to feel s/he is part of a winning team,' Credit Suisse's Mickey Doshi tells Niraj Bhatt.
A large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.
India Inc is encouraged by a determined Budget.
