"While the risk of a correction goes up in the near term, on a long-term basis the Indian market is on an absolutely strong footing."
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
HDFC Bank has ensured that no bank will be able to match them in the near future without bleeding on margins.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
A section of analysts feel now may not be a bad time to buy select PSBs.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Chances of a sudden collapse in the Shanghai Composite are remote.
The marginal rise in June headline inflation to 4.9 per cent may be a precursor to a pronounced increase in the coming months and RBI is unlikely to cut rates at the forthcoming policy meet on July 30, say analysts.
India's teen golfer Aditi Ashok rounded off yet another week with a card of five-over 76 to end her campaign at the 41st spot in the women's golf event at Rio Olympics. Nine of the world's Top-10 took part in the event making it as strong as any Major and ensuring credibility for the sport, which made a re-appearance at the sporting extravaganza after 112 years. For Aditi to hold her own on first two days when her cards of 68-68 kept her in the Top-8 of the field was indeed a big step for Indian golf at world stage.
A day after the Union Cabinet paved the way for the government reducing its stakes in Oil and Natural Gas Corporation (ONGC), Coal India Ltd (CIL) and NHPC, the shares of these companies fell 3.4-5.2 per cent on bourses.
The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point.
The Halol facility is important for the company as it accounts for 10 per cent of Sun Pharma's sales.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.
After fighting inflation for more than two years, Reserve Bank of India (RBI) Governor Duvvuri Subbarao finally managed to bring it below the five per cent level - the tolerance level of the central bank - in FY14.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
In Q3, E&P business accounted for just 1.5% of gross revenue
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
Recent rates cuts by most banks may not have a significant impact on margins, say analysts.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
The prices of oilseed, coarse cereals & vegetables could also be affected.
Commonwealth Games champion Parupalli Kashyap knocked out top seed Lee Hyun Il of Korea in the men's singles opening round of the US Open Grand Prix Gold badminton tournament in Anaheim, United States.
Malini Agarwal reveals how she blogged her way to Bollywood, fame and success.
Buy these stocks on any correction as both the companies have strong long-term prospects
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
To be sure, this is not some stunning new revelation that our equity markets are beholden to foreign flows.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
The RBI cited lower-than-expected inflation, weak crude prices and weak demand, as well as the government's commitment to sticking to a fiscal deficit target as reasons.
For now, the upside appears to offset damage done to exports by weaker global demand.
Signs of a strong pickup in hiring by companies are adding to the rosier outlook for Indian households.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
It's crucial for Modi to make India an easier place to do business.
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