NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.
The NSE benchmark index touched a high of 4,825 and ended flat at 4,805. The market breadth turned negative towards the end of the day and could not change direction. Out of 2,882 shares traded, 1,285 advanced while 1,527 declined.
Apart from sustaining your portfolio when the domestic market is faring well, global diversification also safeguards it against currency risk.
"We believe that growth expectations are still justified. However, the long product development cycles inherent to the export market and high capex requirement for expanding capacities has affected the performance of the sector in the recent past. We believe the performance is likely to improve significantly going forward," Edelweiss Securities' analyst Ashutosh Goel said in the company's research report.
Former England spinner Graeme Swann was critical of England's senior players who have done 'next to nothing' as Australia regained the Ashes in Perth on Monday.
Englishman Andy Moles pledged to develop a young and inexperienced New Zealand team after being named as coach on Tuesday. He said he would not accept excuses for underperformance.
The feeling was that the higher levy would prompt the company to increase prices in the process hurting volumes. But the unchanged central excise duty, analysts say, outweighs the VAT increases in Maharashtra and Delhi. As a result, estimates for the current year have been upped with expectations that the company could grow its top line by as much as 13-14 per cent driven by a 6-7 per cent rise in volumes.
In markets like India where demand for a range of goods and services still outstrips supply, readers will readily be able to identify the disconnect between a CEO's reputation, the company's performance and the quality of customer service. There are, for instance, successful banks that deliver stunningly indifferent service even though their CEOs are stars on the corporate firmament.
The transformer factory in Canada contributes about three per cent to the company's total sales.
The IAF has paid French aerospace firms Dassault and Thales about Euro 350 million for 'performance-based logistics'. This requires the vendors to ensure that 75 per cent of the Rafale fleet is combat-ready at all times, notes Ajai Shukla.
The ICC's Anti-Corruption Unit officer Alan Peacock has reportedly questioned the two Pakistani players following claims by Shoaib Akhtar that he rejected offers to underperform in matches.
The capital markets seem to have fallen off the government's agenda.
The Jyothy Laboratories' IPO should bring decent returns to the investor.
Holding Pakistan responsible for South Asian Association for Regional Cooperation's 'underperformance', India has said the bloc was nowhere near achieving its potential.
Healthcare, auto and financial stocks lagged.
The fast moving consumer goods index was the lone survivor -- gaining 3.24 per cent. Tobacco-to-hotels major ITC rose on account of its better-than-expected quarterly results.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
The time may have come, however, to rue that clever gambit, and to attempt what in contemporary phrasing is called a "de-coupling", because the sins of China are now being visited on India. China will soon be the world's largest emitter of gases that cause global warming; so when you have Chindia on your brain, you blame India as well - though the level of emissions in the two countries is vastly different.
A Russian comic's song which mocks the country's World Cup team and questions the financial sense of hosting the event has gone viral on the eve of the tournament, angering some fans and politicians.
Investors have been hoping for a cyclical recovery.
Bluechips underperform in recent rally.
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
Dow Chemicals, the US-based petrochem giant, may announce its intent of floating a joint venture with Reliance Industries this week.
The joint venture speculation between Reliance Industries and Dow Chemicals for Dow's underperforming commodity businesses could cost Reliance anything between $15 billion and $21 billion for a 60 -100 per cent stake.
Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
England captain Joe Root refused to blame his senior players for the tourists' stunning Ashes defeat but lamented his own failures to lead the way with the bat against Australia.
Businesses in the US continue to face an evolving array of tariff and non-tariff barriers.
Arvind Kejriwal will retain key portfolios in his cabinet, which is expected to be a small one.
It is always good to diversify your investments rather than keep all of them focused on equity, says stock market expert Pranav Sanghavi.
Revolution is in the air at Real Madrid after their Champions League empire was razed to the ground with an astounding 4-1 loss at home to Ajax Amsterdam, with a huge clear out of players expected as well as a change of manager.
The markets had touched their highest levels in a month.
The appreciation of the rupee, the dividend distribution tax and the hangover of the minimum alternate tax on information technology companies under the Software Technology Parks of India scheme have pulled the prices of IT stocks down.
Worst performers among category funds, but beat sectoral indices
An index P/E of 23 implies that the market is already discounting EPS growth at 20% or more, says Devangshu Datta.
Andrew Flintoff said England were still confident of retaining the Ashes despite losing the first Test of the five-match series by 277 runs on Monday.
The broad market depicted strength. 1,525 shares rose and 1,131 shares fell. A total of 156 shares remained unchanged
