Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
The BSE benchmark index is yet to give any indication on the monthly Fibonacci charts.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra answers reader queries on the stock market.
Gains were led by index heavyweights Reliance Industries and Infosys.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
NSE Nifty, after shuttling between 10,809.60 and 10,725.90, finished 30.95 points, or 0.29 per cent lower at 10,741.10.
India Inc has few leaders who are likely to grab headlines in 2015.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
More than 10% (40 of 498 companies) have lost at least half their market value.
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
Markets under pressure; IT financials grab spotlight.
The mid- and small-cap indices had a dream run between January 2017 and January 2018 - zooming 48 per cent and 56 per cent, respectively.
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
Pharma was the top losing index amid worries about their earnings outlook with Lupin down over 4%
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The BSE Sensex jumped 70.42 points to end at 34,503.49, while the broader NSE Nifty finished at 10,651.20, up 19 points.
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.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'
The S&P BSE Sensex dropped 207 points to end at 25,230.
Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Creating history, leading exchange BSE on Wednesday peaked above Rs 100-trillion mark to scale a new record in terms of market wealth of all listed firms.
Financial shares were the top losers.
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.