Sensex ended strong, Tata Steel, HUL climb higher.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
India's banks are propping up too many weak producers.
11th-hour debt restructuring programme offered no concessions to creditors
The central bank measures though are also taking a toll on the banking sector, which is heavily reliant on short-term money markets for capital.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
