Markets end almost flat, bluechips in focus.
Market breadth is positive with 942 advances and 196 declines.
Asian shares ended higher after a string of positive US economic data.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
Benchmark indices finished higher on hopes of economic reforms
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
he reason behind the cut in policy rate seems to be a slowing economy
Against all odds, the young and determined Varun Sharma has taken up the responsibility to bring electricity, education and empowerment to a remote tribal village in Odisha, says Manu A B.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
Weakness in Infosys, L&T and Hindalco cap index gains.
Financials are the top gainers along with index heavyweights.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
The derivatives expiry on Thursday is also expected to add to the volatility.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
The Sensex had bounced back with gains of 94 points or 0.3%
'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Sensex ends in green on boost from bluechip stocks.
The focus is on tapping all resources, even foreign agencies.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
China's economy is in transition, with rising wage costs and massive overcapacity.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'
Sensex in green in afternoon trade.
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.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
The Reserve Bank left interest rate unchanged.
There is no clearly defined right or wrong answer since both target different needs of a portfolio.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
'Making the railways better is a different type of a challenge.'
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances