Going ahead, given the sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials
In the intra-day session, the Sensex and the Nifty indices touched a low of 51,586 and 15,171, respectively.
But Indian indices slip from record highs in volatile session
The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively
Information sought from foreign counterparts at a multi-year high
The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels
The Centre's move in 2019 to cut base corporate tax from 30 per cent to 22 per cent, too, will lead to an improvement in the profit-to-GDP ratio
Robust domestic demand, reducing dependence of global peers on China drive earnings outlook
On the sectoral front, the Nifty Metal index skid 1.7 per cent, followed by the Nifty FMCG index declined 1.5 per cent
Brent Crude has surged more than 60 per cent since November, crossing $61 a barrel for the first time in 13 months
On the sectoral front, Nifty PSU Bank index declined over 1 per cent on the NSE, followed by losses in the Nifty Auto index (down 0.4 per cent), and the Nifty Realty index (down 0.24 per cent)
The broader markets, however, bucked the trend and ended higher today. The S&P BSE MidCap and SmallCap indices added 0.7 per cent and 0.4 per cent, respectively at close
The Nifty Auto, Metal, and Pharma indices settled over 1 per cent lower each
The finance minister did very well for equity market investors. How did she fare with households?
Here's a selection of Business Standard opinion pieces for the day
Enforcing against short squeezes should be the first milestone of developing capability in dealing with market abuse
The IPO of MRP Agro set to be launched this week will the first by an SME since November
Of the 441 stocks that gained, only 147 outperformed the BSE 500 index, which has risen 8.6 per cent in the past five trading sessions
Asset quality remains the key monitorable with gap between proforma and reported NPAs widening
Stock markets would be driven by quarterly results and global factors this week amid lack of any major economic event, say analysts.