'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
Four Indian-Americans, including Sun Microsystems co-founder Vinod Khosla, are among Forbes 400 Richest People in America, a list topped by Microsoft founder Bill Gates.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
Market breadth is positive with 942 advances and 196 declines.
The progress of the GST Bill in Parliament is also likely to remain in focus
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
Vastu Housing Finance is trying to leverage technology to distinguish itself in a crowded space.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
'An entrepreneur should always remain under pressure or he will die,' Vineet Rai tells Anjuli Bhargava.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
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