Among the Sensex pack, Reliance Industries, Tech Mahindra, UltraTech Cement, Dr Reddy's, Axis Bank, Bharti Airtel, Bajaj Finserv and Mahindra & Mahindra were the major laggards
The decision was taken at an ESIC meeting chaired by the Union labour minister Bhupender Yadav
We believe the valuations at 20.5x one-year forward price-to-earnings for the Nifty50 Index are not exorbitantly expensive, but they aren't cheap either
Eight of the top-10 most valued firms together added Rs 1,15,837 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer
Both shed 0.6% but end in green for second straight week; Broader markets play catch-up
The 30-share BSE Sensex climbed 184.54 points or 0.29 per cent to settle at 63,284.19, its fresh record closing high
The Pune-based vaccine producer's value has increased 20 per cent to Rs 2.2 trillion in the past one year
The rally was underpinned by strong inflows from foreign portfolio investors (FPIs)
Experts say gains by Indian equities will be steady if is no crude oil price surge
FPIs bought shares worth Rs 9,010 crore on Wednesday, according to provisional data from exchanges
Here is the best of Business Standard's opinion pieces for today
Investors need to be cautious and look beyond market highs
3.5% jump in RIL lifts indices; Nifty crosses 2021 intra-day high
Overall PMS assets have been on the rise amid buoyant markets
CLOSING BELL: Reliance Industries, Wipro, IndusInd Bank, Axis Bank, Tech M, Tata Steel, Maruti Suzuki, and M&M were the top Sensex gainers, rising between 0.5 per cent and 1.2 per cent
Since September 29, the index has added 1,666 points, of which 1,320 points - nearly 80 per cent - have been contributed by 10 stocks
US Fed minutes indicate slower pace of rate hikes, investors cheer
Market volatility and lacklustre 1-yr returns weigh on activity
Global stock markets jumped on Thursday after minutes of the US Federal Reserve's November policy meeting hinted at a possible moderation in the pace of interest rate hikes
CLOSING BELL: A surprise dovish tone by the US Federal Reserve, where it said that the central bank is looking to slow the pace of rate hike, cheered market bulls