US Federal Reserve Chairper Janet Yellen hinted at raising interest rates sooner than expected, in her first press conference after assuming the top job at US central bank.
Nifty PSU Bank index gained 1% led by Allahabad Bank, Andhra Bank, Syndicate Bank and IDBI Bank
Portfolio churn by foreign institutional investors suggests their confidence in industrial revival.
The trade-war between the US and China is prompting investors to flee from risky assets, such as equities, to safe-haven bets, such as gold and treasuries
Indian funds did better than Asian ones in only four of the 10 months -- till October. Despite much market optimism, presumably around policy interventions and guided by buoyant flows, India's macro backdrop may be turning for the worse.
Everything, from stocks to bonds and currencies, has been hammered by indiscriminate selling.
Asian shares dragged their feet on Tuesday.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
The market breadth, indicating the overall health of the market was strong
India is finally waking up to the fact that its credit drought might be here to stay.
Changes in the economic environment have altered the dynamics of stock markets. In the recent past, they have started defying investment fundamentals.
Though the outcome of the general elections will offer a short-term boost to the market, a sustained rally will be determined by the economic data, according to a JP Morgan Asset Management report.
The proposal to increase public float, hike income tax surcharge, move to tax share buybacks and lack of stimulus to shore up economic growth has hurt investor sentiment.
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
Financial, capital goods, IT, power and oil and gas sector stocks hogged the limelight, helped indices to reclaim their key level.
With India's stock markets being one of the best performing among the emerging markets, a number of global pension funds are planning to make India-specific allocations.
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Indian stocks have emerged as the best performers among the BRIC nations as well as developed markets across the globe, giving investors highest return of nearly 114 per cent in the just concluded 2009-10 fiscal.
'Infusion of fresh capital, handsome growth in deposits and focus on recovery should bring Yes Bank back on the growth path in the next financial year,' observes Tamal Bandyopodhyay.
The market breadth, indicating the overall health of the market turned negative from positive
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
According to an analysis of MSCI Barra indices, a measure of returns from various stock markets across the world for foreign investors, although performing better than China, Indian stocks have lagged behind Brazil and Russia in terms of quarterly returns.
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
According to an analysis of MSCI Barra indices, a measure of returns from various stock markets across the world for foreign investors, Indian stocks have given the second highest return after Russia among the four BRIC countries during last month. Indian stocks have provided a return of nearly 19.54 per cent in April, while China and Brazilian markets have given 10.87 per cent and 18.89 per cent respectively.
Amid slowing growth and low interest rates, investors will need to focus on stock-picking, suggests John Remmert.
Indian stocks have emerged as the best performers among those in the emerging and the developed markets across the globe so far this year, giving investors the highest return of nearly 60 per cent.
The 12.5 per cent EM outperformance this year is surprising. As any market strategist will tell you -- in times of stress when safe haven trades are in fashion, emerging markets typically fall faster than developed ones as investors switch out of what they deem to be riskier assets.
The first was wholesale funded banks and non-bank finance companies.
Indian stock markets have been rated third best performing market in the world. India follows Peru and Brazil and has ousted China.
Once a shining jewel, India 's sparkle has dimmed in recent months.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
When it comes to global investing, everyone discusses big markets like China and India. But there's money to be made in smaller markets, too.
With inflation down, the government's twin deficits are largely under control.