This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In the 30-share Sensex constituents, 16 ended lower and 14 gained, helping the benchmark indices trim losses.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70. The NSE Nifty also hit a record intra-day high of 10,975.10, before finishing at 10,966.20, up 71.50 points.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Rise in crude oil price and rally in global equities aided the sentiment
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Equity investments are fruitful over the very long 20-year term.
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