Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
India's ranking is worst among the five BRICS countries
Sensex ends lower; govt schemes in focus.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
Data also show that several other leading domestic pharma companies have recalled their products from the US
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BSE auto index surged 2%, capital goods, healthcare and oil & gas indices also up.
At its current stock price, RIL now has 8.4 per cent weight in the Sensex against Infosys' 8.8 per cent.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
'It has a natural inclination to foster as much competition among civilian politicians as possible.'
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
Reliance beat analyst expectations on almost all parameters
Cruising comfortably in the 70s, Royal Enfield sputtered to a stop in the 90s, before its comeback in the first decade of the 21st century.
India must focus on reforms.
China shrugged off badminton's biggest Olympic scandal to sweep all five titles at London four years ago but the Asian super-power is trying to keep a lid on expectations of another bumper gold medal haul at the Rio de Janeiro Games. The peerless team that set up the 'Great Haul of China' in London will line up almost unchanged at Rio, anchored by men's singles great Lin Dan and women's champion Li Xuerui. So strong were the Chinese in 2012 that they swept the titles without the reigning world champion women's doubles pairing of Wang Xiaoli and Yu Yang, who were expelled from the tournament in disgrace.
Wipro Ltd, India's third-biggest software services exporter, posted about an 8 per cent rise in quarterly profit as clients in North America and Europe spent more on technology.
'Assault, abuse and exploitation in the name of gender happens everywhere in any industry. This is the state of affairs. I do not believe in jumping the gun and naming people. Then, everyone will have a field day and the point would be lost. You have to go by the law. You need to evidence to name a person. We are living in a country where domestic rape is not illegal.' Intelligent words from Qarib Qarib Singlle actress Parvathy.
Profits grow, but not because of recovering demand.
Hemlatha Annamalai and P Bala's Ampere Vehicles makes e-vehicles in Coimbatore.
Non-resident Indians (NRIs) are very positive about India
Investors should now be looking at trimming their portfolio and making prudent investment decisions
The latest results suggest Tata Steel Europe may have lost pricing power, though production and turnover are up.
Companies from the capital goods space will under-perform.
Kolkata excels in business performance with employee headcount and number of engineering students doubling in the last five years.
How has Raj Thackeray, who is as much a businessman as politician, been able to pull it off, when most Opposition politicians live in fear of IT and ED and CBI, asks Krishna Prasad after attending a Raj rally in Nashik.
A glance back at some important events that occurred in 2018.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
The Modi government's array of economic policy has been impressive.
The end goal of defence procurement should be not import or indeginisation but securing the country through able and ready armed forces, says Air Marshal P V Athawale (retd)
India likely to overtake China on strong GDP growth.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
Maruti Suzuki is set to steer its fourth brand into 2 million club. The numbers convey a sense of the contribution that WagonR makes to Maruti Suzuki.
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
A must-read excerpt from former RBI governor and former Rajya Sabha member Bimal Jalan's India: Priorities For The Future.
Naik is passionate about protecting India's manufacturing sector from the onslaught of Chinese imports.
'She has to get the funds, cut through bureaucratic flab, speed up modernisation, ensure planned acquisitions stick to timelines, make organisational changes and ensure the military is capable of performing the task that it is given,' says Brigadier S K Chatterjee (retd).
