The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Though it has been more than six months since the ban on entry load on mutual funds (MFs) came into force, independent financial advisors (IFAs) are still shying away from selling MFs.
United States Vice President Joe Biden on Monday left for a rare vice presidential trip to India for the first leg of his visit to the Asia-Pacific region.
United States Defence Secretary Robert Gates is expected to undertake a visit to India later in January, during which the two sides will discuss ways to push their defence cooperation, and take stock of the situation in Afghanistan and Pakistan. Dates for the visit are being worked out, defence ministry sources said on Monday.Gates will hold talks with Defence Minister A K Antony and meet top officials of the armed forces.
Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.
Private-equity funds made an average annual return of just 7 per cent between January 2007 and December 2013 while the Sensex was up 11 per cent.
The total earnings in Q1 rose 14.54 per cent, while working expenses grew at a measly 4.22 per cent.
While the MRP of the device is Rs 37,380, Samsung Galaxy Note II is being sold at much lower prices on e-commerce portals.
Experts expect the trend to continue in the near term.
Launches of new homes reduced drastically this year.
In New York, the US currency fell against the Australian dollar and British pound on Monday as investors continued to weigh the potential weather drag on recent economic data, and whether or not it could sway monetary policy.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
The rupee on Tuesday gained 14 paise to close at 61.88 against the dollar.
In New York, the US dollar swung higher against many of its rivals on Wednesday.
Consistent capital inflows and a recovery in local equities helped the local unit to trim initial losses
The rupee recovered from initial losses against the American currency and was quoted higher by 6 paise to 62.00 on fresh selling of dollars by banks and exporters in view of strong foreign capital inflows into equity market.
Joe Biden will embark on his maiden visit to India as United States Vice President on July 22 to discuss key bilateral issues, including trade, energy and defence, to make Indo-US ties the most important strategic partnership of the 21st century.
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
The valuation was more conservative than the $15 billion some analysts had expected for the social media phenomenon, potentially attracting investors who might consider the money-losing company's listing price a better deal, with room to rise.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
This analysis is based on the quarterly earnings for 724 companies.
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
Northern and western states had the highest power demand, with Uttar Pradesh sourcing 19,082 Mw, Delhi 6,029 Mw, Rajasthan 10,395 Mw, Gujarat 16,825 Mw, and Maharashtra 23,609 Mw.
The rupee had closed with a gain of 12 paise on Friday.
Dealers attributed the rupee's fall to increased demand for the US currency from importers.
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
The 30-share Sensex ended in the red.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
'There are reports of political dissent mounting on Xi Jinping's handling of the Wuhan fallout.'
A primer on tax you pay on your mutual fund gains
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