More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70. The NSE Nifty also hit a record intra-day high of 10,975.10, before finishing at 10,966.20, up 71.50 points.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
Ministries such as road transport and heavy industries are learnt to have objected to NITI Aayog's attempts to become an implementing body for the EV programme.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Experts say the stock market correction in recent times increases the risk-reward in favour of large-cap stocks.
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
Amazon is working on deepening its engagement with young technology companies in the country.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
The Sensex has now lost 878.32 points in six sessions -- its longest string of losses in six months.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Hyundai's entry-level Santro still packs a punch but, flanked by spunkier siblings, seems worn out.
Sources close to the development said the three companies have sought permission from the Insurance Regulatory and Development Authority for new motor insurance products and are expected to launch the add-on covers in the first week of January. Add-ons are expected to be in the form of a replacement vehicle or payment on a daily basis when the vehicle is out for repair, and reduced or zero depreciation.
The BSE Mid-Cap index was currently down 1.25%
The new Scorpio came after a gap of 24 months since its last launch, during which the competition launched a slew of products.
A long-time driver of SUVs from Tata Motors, Rajesh Karkera/Rediff.com steps on the gas with the Bolt, the new turbocharged petrol hatchback and comes away impressed.
The sentiment around Indian equities remains positive and unchanged.
Asked if Ganguly would be cornered at the meeting, he laughed and cited an example.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Markets shrugged off RBI's neutral stance on key policy rates.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Markets end higher ahead of Fed outcome, China stimulus
In a journey of Marco Polo-esque proportions, Meenakshi Arvind and Mookambika Rathinam drove through 24 countries and two continents over 72 days. Meenakshi and Mookambika tell Rediff.com's Archana Masih about their incredible, unforgettable, journey and the desperation for Gandhi in a dark corner of the world.
Ahead of PM Modi's maiden visit to the UK, the British media today said "troubles at home" after the BJP's drubbing in the Bihar elections will overshadow his visit.
.jpg)
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
Technical rallies and short covering may arise only if the markets break this 500 point band
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
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.
To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 cr
What explains India's love affair with SUVs? They are not exactly "value for money" -- the watchword for brands across segments -- nor always practical. Is it for the badge value? Or the butch imagery associated with SUVs? Maybe both, says Alokananda Chakraborty.
Delhi-based tractor maker Sonalika Group and Kolkata-based Global Automobiles have already announced their decision to take on the Tatas
TCS still ace in the pack
The positive bias was aided by metal, realty and auto indices
