BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Normal monsoon makes FMCG, automobile and consumer durable companies optimistic about growth prospects
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
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
Iran has offered discounts on crude oil price and free shipping if India agrees to buy more of its oil.
The regulator is unhappy with the exchange in the market crash case that occurred in 2012.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Financials and auto stocks were the top losers while energy and IT shares recovered
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Asia's falling stocks have triggered an exodus of funds from the region.
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
Weak monsoon forecast rekindled fears of higher inflation.
ONGC and RIL bill their consumers like fertiliser plants and power stations in US dollar.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Profit of $18 billion was the biggest ever reported by a public company, worldwide.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Out of the 192 mining leases of iron and manganese ores in Odisha, 94 do not have environment clearance.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Prime Minister Narendra Modi will be reciprocating the reception he received from the Israeli PM during his visit last July, report Archis Mohan & PTI.
'Modi loves to keep others guessing and basks in the media glare, both traits that are politically helpful but are inimical to stable relations, especially in the fragile Indo-Pak equation.'
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
Sensex climbs higher on favourable global cues.
It is significant that the PM's appeal to invest in India comes at a time when the global economy is facing a difficult phase
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Markets ended at record closing highs for the second day in a row on institutional buying.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
Under a 2010 nuclear liability law, nuclear equipment suppliers are liable for damages from an accident, which companies say is a sharp deviation from international norms
An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.
In the last two months, these stocks have lost nearly a quarter of their market cap.