Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
Financials and auto stocks were the top losers while energy and IT shares recovered
The deficit data was the latest in a run of positive signs for the sluggish domestic economy and could put India in a better position should the Fed start tapering, than in the summer when the rupee hit a record low.
Gains in auto shares helped offset losses in select index heavyweights led by Infosys.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
The Indian Army on Saturday said the announcement of the ban on Hafiz Saeed-led Jamaat-ud-Dawa by Pakistan were "good moves" but the effect of these steps needs to be gauged on the ground.
Does Hero MotoCorp's first ever 125 cc scooter do enough to stand out in the ever-growing 125cc scooter segment?
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to Rs 10,251 crore, or Rs 17.3 per share, in the third quarter ended December 31, 2018.
How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
After demonetisation, sharp fall in PE valuation offers an attractive entry point into some quality names and these 3 FMCG companies are expected to see the fastest growth in earnings with at least 15 per cent upside potential
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Bank shares were the top gainers led by ICICI Bank.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
A simple look at the prices of 10 media stocks during the tenure of the current government tells an interesting tale, says N Sundaresha Subramanian.
US crude was down 25 cents at $52.08.
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
Banks and realty among the most hit on account of high borrowing costs.
Oil & gas, banking and pharma sector stocks stole the show
The 1971 war reaffirmed the importance of inspirational senior leadership in battle and heralded the emergence of a new fighting class amongst officers and men of India's armed forces.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
The IOC stake sale will, however, dwarf in front of Rs 22,557 crore or Rs 225.57 billion that the government raised through a stake sale in Coal India Ltd last year.
The rupee had revisited the near 2-month low of 60.55 per dollar earlier in the session.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Modi's absence from an event to mark the centenary of a definitive moment in Indian history puzzles Utkarsh Mishra.
Gains in financial shares capped further downslide.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
The 50-share NSE Nifty slipped below the 8,200-mark to touch a low of 8,154.45, but settled at 8,170.80, down 90.95 points, or 1.10 per cent
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
A recent report has suggested that future patent expires in the cardiac and anti-diabetes space would form a good opportunity for smaller firms, given their franchise in these segments.
BSE Bankex and Telecom indices led the fall.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The Livo is one stylish looking motorcycle that's a blend of swooping lines and sharp flourishes. The designers have done a brilliant job here to make sure that the Livo matches up to its heritage. In-fact, at first glance, one would easily be led to think that the Livo belongs to the 125cc segment instead of the 110cc.
Financials were the top losers after sharp gains in the previous session along with ITC
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
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