Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
China will increase its defence spending by "around seven per cent" this year, as it vowed to guard against "outside meddling" in its territorial disputes.
.jpg)
Markets ended lower on profit taking ahead of June F&O expiry.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Defence Minister Manohar Parrikar and outgoing United States Defence Secretary Ashton Carter on Thursday finalised the "major defence partner" status to India which will fast-track cooperation and sharing of high-end American defence technology.
The offer of $196 per share represents a premium of 49.5 per cent to LinkedIn's Friday closing price
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
IndusInd Bank was down nearly 1% even after it reported a 21% rise in its fourth-quarter profit
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
Index heavyweights were the top losers along with bank shares.
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
Over the previous eight sessions, Brent had lost about $7 a barrel, almost 20 per cent
IOC, the key importer of petrol, has sought almost 700,000 tonnes for March-September delivery.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
This is yet another large energy deal for Warren Buffett in the western United States.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Pharma shares extended losses after the government's ban on combination drugs.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
Apple Inc said it received a record four million first-day pre-orders of its new iPhone 6 and iPhone 6 Plus, meaning many customers will have to wait until October for their new phones.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Buffett typically makes his donations in July, reducing the number of shares by 5 percent from the prior year.
The Survey shows fiscal consolidation despite slowdown in growth.
"Every action we take will be designed to ensure our military is ready to fight today and in the future," Mattis said on Friday in a message to department of defense soon after he was being sworn in as head of the Pentagon by Vice President Mike Pence at the White House.
.jpg)
ITC, Infosys, Wipro and HDFC Bank among the major losers.
Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.
Modi has made nuclear power a key element of his clean energy strategy
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
As India's international role expands, so must our capabilities, says Brigadier Gurmeet Kanwal (retd).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
