Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Analysts expect earnings to become increasingly relevant given that the stocks have rallied on positive sentiment and the gush of liquidity. Macro factors, they suggest, have already led to a large re-rating in most counters
Despite a strong start to trade today, key benchmark indices retreated sharply from their higher levels following bouts of profit-taking amid fresh weakness in the rupee against the dollar.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Higher input cost is likely to weigh on Auto sector's Q4 numbers.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
The 50-stock NSE barometer Nifty finished 22.50 points, or 0.21 per cent, down at 10,526.20
He said Bajaj Auto is a small company and it is wasteful to create expensive concepts
Analystsare showing optimism in Sensex EPS growth after double digit growth in the second quarter of current year.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
Analysts expect Bajaj Auto to perform well in Q1.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Oil & gas, banking and pharma sector stocks stole the show
Gains in financial shares capped further downslide.
The NSE Nifty went past the 8,600-mark for the first time since November 1.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sony eyes a 2 billion payoff from telecasting the Fifa World Cup.
The 50-share NSE Nifty slipped below the 8,200-mark to touch a low of 8,154.45, but settled at 8,170.80, down 90.95 points, or 1.10 per cent
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.