Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, tells Puneet Wadhwa that with Moody's upgrading India's sovereign rating and earnings growth coming back, the country will remain a hot destination for foreign investors.
On BSE, 1,469 shares fell and 1,200 shares rose. A total of 190 shares were unchanged.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
The breadth, indicating the overall health of the market, was slightly positive
Broader gains were capped as investors awaited corporate results from major firms
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.
The market breadth, indicating the overall health of the market, turned negative from positive
There were more than three losers against every gainer on BSE
However, the US recession could 'lead to a decline in capital inflows and weaker exports particularly of services. This could affect the capital and current account and put pressure on the balance of payment surplus,' says a Standard & Poor's report.
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
Experts say the BSE Sensex could rise to around 32,000 in a year.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
After a stellar run in 2021 that saw the S&P BSE Sensex and the Nifty50 clock gains of 20 per cent and 22 per cent respectively, global equity markets, including India, are gearing up to welcome 2022 on a cautious note. For one, new variants of the Covid -19 infection that make current vaccines less effective is one of the key risks worth flagging, analysts said. Inflation was also a risk for this asset class in 2021, although most market participants expect that the current elevated inflation levels will be transitory.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
In a bull-case scenario it sees the Sensex at 61,000 levels, while it's bear case scenario pegs the Sensex at 41,000 levels by December 2021.
ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
The S&P BSE Sensex ended 190 points up at 23,382.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the current financial year, eminent economist Ashima Goyal said on Sunday. Goyal in an interview to PTI said the management of the COVID-19 pandemic and gradual unlocks announced by the government have helped in avoiding multiple COVID-19 peaks. The growth estimates by different agencies are being continuously revised, she said.
There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
Nifty PSU bank index dropped nearly 2%
Fitch Ratings director Thomas Rookmaaker said India's debt-to-GDP ratio is likely to rise to 76 per cent from 70 per cent currently due to wider fiscal deficit and low economic growth.
Lupin was the top gainer after the USFDA cleared its Goa facility
The broader NSE index has fallen about 0.9% as investors wait for corporate results
The market breadth, indicating the overall health of the market turned negative from positive
Sebi will soon put in place new norms for changes in constituents of the key stock market indices.
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
The economic costs now beginning to show up in the hard numbers are far worse than initial expectations.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.
'The Indian economy is in slowdown and growth may stay slow,' notes Devangshu Datta.
Most Asian markets were trading weak on Monday.
However, the Indian economy is expected to bounce back in 2021, the World Bank said.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
Oil, banks eneded the day in green while few in auto sector lost heavily.