In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
India Inc pledges $75 bn on Digital India launch
Among India's capital-starved local banks, Essar is viewed as too big to fail.
Traders are closely watching the progress of the monsoon.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nifty snaps 10-day winning streak
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'They should have spoken to the Sterlite protestors when they were sitting in the villages. They should not have waited for them to come to Tuticorin.' What started off as a lone village grumbling about ground water pollution on Tuesday turned into a battlefield. What thus started off as a lone village grumbling about ground water pollution on Tuesday finally turned into a battle field. A Ganesh Nadar reports.
In a grand ceremony with overtones of a United States presidential inauguration, heads of state and government, India Inc honchos, opposition leaders, Bharatiya Janata Party members and showbiz stars rubbed shoulders as they watched President Ram Nath Kovind administer the oath of office to India's 58 new ministers.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Restricted by state government orders, the ownership of such land could not be formally registered, so the advances made continued to be reflected in the accounts as 'advances against land'.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The company faces a potential tax demand.
SC judges suspected a lack of objective criteria in the selection.
5 things to look at when companies go for mergers and acquisitions.
India's track record of over-promising and under-delivering also leaves plenty of room for doubt.
Sensex may remain under pressure this week due to weak global factors.
Indian cricket legend Kapil Dev was also honoured with a Lifetime Achievement award at the ceremony.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
Once Bhushan Steel is into its fold, Tata Steel will increase its capacity from 12.7 million tonnes per annum (mtpa) to 18.3 mtpa
'Use your emotion well. My own Vedanta guru would say, "Anger should be like a handkerchief. Take it out of your pocket, use it, and then return it to your pocket".'
When it comes to key hands-on management positions, India Inc is still largely run by men.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances