Though analysts suggest that there are downside risks to economy, by announcing/advancing general elections, markets would be able to look beyond uncertainty.
The Bombay Stock Exchange's 30-share Sensex closed at 18,401 up 405 points. The National Stock Exchange's 50-share S&P CNX Nifty closed at 5,409 up 124 points.
Positive Asian cues aided risk-on sentiments.
The country's first Islamic index was launched in 2010, also by the BSE, tracking the 50 largest and most liquid stocks.
Investors might soon get to bet on various versions of the Bombay Stock Exchange's (BSE) benchmark index, the Sensex, and its other key gauges soon.
The Bombay Stocks Exchange S&P BSE Sensex plunged by over 750 points, or 4%, its biggest fall in four years, to end at 18,598 on fear that the roll-back of US stimulus could spark selling pressure by the overseas investors in the equity space.
BHEL, YES Bank, RCom, Titan Ind, JP Associates, BF Utilities, Ruchi Soya and Punj Lloyd have tanked more than 10% each on BSE.
BSE-IT, capital goods, banks, real-estate led gains.
I-T dept refuses to unfreeze a/cs; airline curtails operations; SBI, other bank stocks take a knock
Banks, real-estate sectors lead gains.
Markets ended lower on Thursday following the expiry of July derivative contracts weighed down by profit taking in FMCG shares after recent gains.
The BSE further said the majority of pending complaints, nearly 1,064, were against Vatsa Corporation as of June, 2012.
The increased penalty, which is aimed at enhancing the surveillance mechanism for the stock market trades and discouraging the brokers from trading without submitting the PAN details of their clients, would come into effect from November 1, 2012.
The forex and money markets will remain closed on Friday on account of 'Buddha Purnima'.
The Bombay Stock Exchange benchmark Sensex at mid session\non Wednesday surged over 434 points to 15,561.11, an almost one-year high.
Expectations of muted expenditure on railway infrastructure and the assumption that there would be no further fare hikes may have contributed to the fall, according to analysts.
He is appointed as a public interest director.
While the BSE is holding a special trading session to test its disaster recovery software, NSE conduct a special live trading session in capital market segment and future options and SLB segments.
Leading bourse Bombay Stock Exchange on Tuesday favoured more stock markets in the country saying it will help in channelising the household savings into productive capital.
Oil companies, cement makers, IT stocks lead declines.
A total of 10 new stocks have been included in BSE Mid-Cap index, while 12 existing ones would move out.
BSE Metal, IT and Consumer Durable indices surged by nearly 2% each. However, BSE FMCG index declined by nearly 1%.
The Union government's offer of settling the retrospective taxation case with Cairn Energy may hinge on Vedanta withdrawing the ongoing arbitration from the Singapore Tribunal on the same issue. The government has offered to refund Cairn Energy Rs 7,900 crore that it had collected under the retrospective tax demand on fulfilment of certain conditions, including withdrawal of pending litigation and furnishing of an undertaking to the effect that no claim for cost, damages, interest, etc., would be filed. This condition is also part of the Taxation Laws (Amendment) Bill, 2021, passed by Parliament recently.
The Bombay Stock Exchange's 30-share Sensex closed at 19,504 up 117 points. The National Stock Exchange's 50-share S&P CNX Nifty closed up 26 points at 5,930.
It's been a tough three years for retail investors. With the Sensex giving barely 4 per cent annual returns, even lesser than the inflation rate, it is very difficult to keep waiting. Investors are, therefore, booking profit and exiting the markets. Should you?
The All India Bank Employees Association, Bank Employees Federation of India, All India Bank Officers' Association and National Union of Bank Employees have given a call for one day country-wide strike.
Photographers Hitesh Harisinghani and Afsar Dayatar revisit the sites of the 1993 Mumbai serial blasts.
The Bombay Stock Exchange IT index has dipped almost 9% or 585 points at 6,210 compared to 1.56% fall in benchmark Sensex at 0917 hours.
Which fund companies' equity funds clocked the best median performance over a five-year period? Here's the answer!
Unilever, which derives 52-53 per cent of its $70-billion revenues from emerging markets, said it expected economic pressures to continue in 2013.
Sensex valuation has fallen below historical averages, now lags underlying earnings & dividend growth.
BSE-FMCG, consumer durables, pharmaceuticals led declines.
Discarding a weak economic growth number, markets today rose for the fourth straight day with BSE Sensex gaining 169 points to close at a new 19-month high on hopes of imminent rate cut to revive the slowing economy.
The Bombay Stock Exchange (BSE) on Wednesday will launch a new index called 'BSE-GREENEX' measuring the performance of companies in terms of carbon emissions, an official of IIM, which co-developed the model, said.
On Tata's retirement in December, 2012, Mistry will take the charge of IHCL.
BSE Metal and IT indices plummeted by almost 2%
Relatives and victims felt that justice had been delayed.