No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Abe got a resounding victory in the snap polls held on Sunday.
Prime Minister Manmohan Singh invited greater investment from Japan on Thursday as he wants to conclude a Comprehensive Economic Partnership Agreement between the two countries.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
Services growth at 5-month low in Nov as confidence slumps.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
Market breadth depicted strength. There were almost 3 gainers against every loser on BSE
Growth in India's manufacturing sector cooled to its slowest in 22 months in October.
Regarding employment, the manufacturing sector hiring remained broadly unchanged.
According to dealers, the one-way appreciation was halted by huge purchase of dollars by the RBI which pushed down the spot rupee to 39.90 to a dollar .
Investors went looking for bargain in banking, oil and gas and auto stocks.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Shanghai is the worst performing stock market of the world in CY 2008. It has just replaced Vietnam at the top of the ladder among the worst performers with a 48.97 per cent fall.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
In the Sensex pack, ICICI Bank emerged as the top gainer by rising 0.97 per cent, while Tata Steel advanced 0.92 per cent.
Supported by greater demand from both domestic and external markets, total new business rose at the fastest pace since March
The finance minister appears to be harking back to the seventies and eighties by prevailing on cement and steel manufacturers to hold the price line despite the hit they'll take on margins.
Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.
Services companies continued to raise prices, though the rate of change was the weakest since April
China consumed roughly 10.50 million barrels per day of oil in June.
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They prefer foreign markets owing to comparatively lower margins than Indian exchanges.
A reading above 50 denotes expansion while one below means contraction.
The local markets are expected to react to global triggers until the government announces the Union Budget.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
The decision will embolden populists across the continent.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
A stronger dollar makes oil more expensive because it raises the cost for imports for most of the world's countries
Lupin was the top gainer after the USFDA cleared its Goa facility
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
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The broader NSE Nifty scaled a high of 10,856.55 before closing up by 55.90 points, or 0.52 per cent
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
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