ONGC was the top performer while private banking major ICICI Bank extended gains
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
While stocks are at cheap valuations, the volatility can be unnerving.
.jpg)
The Bharatiya Janata Party government at the Centre is firmly committed to ensure security all Northeast states said Prime Minister Narendra Modi while addressing a large gathering of BJP workers at the Sarusajai National Games stadium in Guwahati.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Also says PSU banks divestment to be considered after improvement in governance
Unions, which are protesting against FDI in the banking sector, are pressing for various demands.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
The bear market has lasted 10 months and the Nifty is down by over 20 per cent from its all-time peak of 9,119 in March 2015.
It can if your debit card belongs to a PSU bank
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
There isn't much Budget could do directly to help sectors.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Asian shares ended higher after a string of positive US economic data.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
The Survey shows fiscal consolidation despite slowdown in growth.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Positive cues from the global market front aided the rally.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Raghuram Rajan's 'surgery' uncovers more bad loans
Overall, the Survey warned that unless shifts in the vision of development were articulated and embraced, the Indian economy would lose the chance to move to a high-growth trajectory.
These firms offer job security and lucrative salries.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Non-performing assets of banks have been on the rise for past several months due to slowdown in the economy.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances