Financial shares were among the top gainers with HDFC leading the gains.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
The Oil Industry Safety Directorate, under the Petroleum Ministry, carries out safety audits of oil and gas installations, besides formulating and standardising procedures and guidelines for design, operation and maintenance.
The rupee weakened to 62.58 against the US dollar in the early trade on Thursday.
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
The S&P BSE Sensex has gained 149 points to open at 25,802.
Google is the most attracitve employer in India followed by Sony
Global crude oil prices have slumped by 49 per cent during the same period
Govt plans to stop RIL from selling crude to Jamnagar refinery.
It also expressed confidence that the cleaning operation will be finished in a couple of days.
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Infosys, Bharti Airtel and ICICI Bank are the only companies who have managed to score 100% on a Composite Disclosure Index
India is the 4th largest oil consumer after the US, China and Japan.
India will pay Iran $900 million in two tranches beginning next week to clear part of the past dues for crude oil it buys from the Persian Gulf nation.
Oil subsidies to fall 44% in FY15.
In all, 61 companies have been pre-qualified to bid for 11 shallow water and 19 deepwater blocks in an international tender, according to Myanmar's Energy Ministry.
Petrol gets expensive but diesel is cheaper by Rs 1.35/ per litre.
Markets ended in red, index heavyweights drag.
The market breadth in BSE remains healthy with 1,829 shares advancing and 721 shares declining
Though the developments are positive, analysts say the benefits will accrue only in the long run
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
Oil companies on Wednesday slashed petrol and diesel prices by Rs 2, with effect from midnight tonight.
Profit on sale of diesel swelled to Rs 1.90 per litre as oil ministry awaits return of Prime Minister Narendra Modi to cut rates.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
The short answer, as usual, is I don't know. But this is what could happen in the next one year...
Sensex,Nifty to remain under pressure through the week.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
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India, which is 79 per cent dependent on imports to meet its crude oil needs, is building underground storage at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka.
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
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