Sensex rises, Nifty ends at record high; RIL shares rally.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
Markets climb higher tracking global cues.
'Manmohan Singh was blamed for administrative paralysis, but if you speak to any senior bureaucrat today, they are very bitter and say that files do not move. I am told that more than a thousand files are awaiting clearance.'
Modi hit out at the UPA government for allegedly 'blocking' surgical strikes post 26/11 Mumbai attacks in 2008.
Prime Minister Narendra Modi hailed as "historic" the jump.
The two companies have been negotiating to remain separate entities after a merger.
The Sensex has slid 18.5 per cent from its January 2015 peak.
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
'By beheading an Indian soldier, the Pakistan army has demonstrated its proclivity for barbaric medievalism.' 'The strategies adopted and the punishment inflicted by India must be made progressively more stringent with every new act of terrorism till the cost becomes prohibitive for Pakistan,' says Brigadier Gurmeet Kanwal (retd).
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.
President Pranab Mukherjee's recent visit to the Pacific Island nation is path-breaking, but much more needs to be done, says Dr Rahul Mishra.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Pranjul Bhandari, Chief India Economist, HSBC, speaks about a range of issues ranging from inflation, to how Goods and Services Tax and land acquisition bills can help India hit double digit growth, and her impressions about economic growth in the last one year after Narendra Modi took over as India's Prime Minister.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
Monsoon is expected to be normal in June.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
Markets snapped their 8-day winning streak.
'Indians are great savers, but they are lousy investors.'
For India, struggling for competitiveness, the current rupee overvaluation in terms of real effective exchange rate is a genuine constraint.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
Movement of rupee and crude oil prices will also dictate the trend
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
'My enduring memory of Lula is personal,' says Ambassador B S Prakash, our former envoy in Brazil. 'He was visiting India after retirement to accept an award.' 'At a private dinner in the Brazilian ambassador's residence, where I too was present, he was missing at the end of the evening.' 'We all went looking for him in the sprawling house to find him eventually in the kitchen talking happily to the cooks and servers.' 'He was thanking them for the excellent meal and service!'
The bill was passed with 165 voting in favour and 7 against it.
On the final day of Prime Minister Narendra Modi's visit to the US, that country on Tuesday extended its Defence Cooperation Agreement with India by another 10 years. The pact, which was to expire in June next year, will now be in force till 2025.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Arun Jaitley had a tough fiscal hill to climb.
