Financials were the top losers after sharp gains in the previous session along with ITC
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 government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Commerce and Industry Minister Suresh Prabhu is slated to meet senior executives of Apple on the sidelines of the World Economic Forum in Davos later this month.
'It will be a repeated folly to ever think that China will not attack us.'
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
The Coal India offering would follow a 5 percent stake sale in state-controlled Oil and Natural Gas Corp, worth $2.8 billion and slated for December.
Sensex rises, snapping two-session losing streak; banks, auto gain.
Ministers will travel to different countries across the world, mostly where no ministerial visits have taken place in the last 20 to 25 years, to establish 'sampark' (contact) and 'samvad' (communication).
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
Investors booked profits at higher levels despite the growth oriented Budget.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
Most Asian stock markets steadied on Wednesday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
'There is a trade in goods, a lot of tariff.'
The ballistic missile launch was the first by Iran since Trump became President.
Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
Iraq is willing to double the credit period on crude sales to 60 days if Indian refiners buy more in 2014, the head of refineries at Hindustan Petroleum said. Iran has also sweetened the deal to expand its dwindling market share by offering free shipment and a nominal discount to Indian refiners, sources said last week.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
'A Russia-Iran-China-Pakistan geopolitical grouping is evolving at this point of time.' 'Given that the grouping is in its nascent stages, will this week's terrorist attack in Mirjaveh affect it?' asks Aveek Sen.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
