Prime Minister Narendra Modi on Friday said bilateral cooperation in defence manufacturing would be the "prime focus" of his visit to the United Kingdom.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Global expansion to drive the company's fortunes
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Markets closed the day in green on favourable domestic factors,
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
The broader markets are outperforming the benchmark indices.
In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).
Sensex ends lower; govt schemes in focus.
Sensex seems to be under pressure on weak cues.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Sensex may remain under pressure this week due to weak global factors.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
23 Nifty companies reported an annual decline in net profit.
The list of corporations publishing biographies has lengthened steadily as companies have realised the effectiveness of story telling as a brand building tool. Kanika Datta investigates the rising trend.
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
Seeking to strengthen Indo-UK economic ties, Prime Minister Narendra Modi on Thursday arrived in Britain on his first visit to the country during which he will have a hectic schedule that will start with talks with his British counterpart David Cameron.
India and the United Kingdom are set to sign a "package of deliverables" during Prime Minister Narendra Modi's first visit here that will also see discussions over cooperation in sectors like nuclear energy and defence.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
Given the better growth in JLR sales and improving domestic sales, nearly 90 per cent of the analysts covering the stock have a 'Buy' rating.
India Inc is ready to diversify into unchartered areas.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
During campaigning, P Chidambaram has been addressing villagers, explaining his efforts to improve life in the constituency and blaming the state government for not supporting him. He has also been introducing his son in the 10 villages across 250 km.
Despite superior margins, JLR hasn't had a smooth ride in China.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
This is the car major's second coming in India.
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
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