Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
The Survey shows fiscal consolidation despite slowdown in growth.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
Benchmark indices finished higher on hopes of economic reforms
India Inc has few leaders who are likely to grab headlines in 2015.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Sensex in green in afternoon trade.
'I have been most pained at being painted as an absconder'.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
'You want a steady, confident, self-assured and highly skilful hand at the till. 'It is a pity that the BJP has decided to deprive itself of such a hand at this politically sensitive time.' 'It is like sacking your surgeon in the middle of your brain surgery,' says S Muralidharan.
FIIs pump in Rs 2,075 crore in past three trading sessions.
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
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