The rebound has been helped by foreign investors, who have bought a net $4 billion worth of Indian stocks this year
According to reports, the Narendra Modi government is just weeks away from announcing another round of stimulus measures ahead of the festive season.
Index has rallied close to 50% from its March lows even as underlying EPS has fallen about 20%
In the past six months, Nifty has gained 52 per cent in rupee terms and 58 per cent in dollar value - making India one of the best-performing markets globally
Rising Covid cases, ICIJ report rattle investors; Dow slips about 3 per cent
Though the rally has eased slightly, the m-cap is only 1% shy of a record, despite Nifty being down 6% from its all-time high reached in January
On Friday, equities posted their biggest weekly drop since May, with the benchmark Sensex and Nifty dropping nearly 3 per cent amid a sharp sell-off in technology stocks in the US
The Sensex closed at 38,628.3, a drop of 839 points or 2.13 per cent -the most since May 18
The investment legroom for FPIs in HDFC Bank, Kotak Mahindra Bank, and IndusInd Bank has reduced, according to index provider FTSE, which has dropped these stocks from some of its indices
Changes have been made in several indices, including Nifty 500, Nifty 200, Nifty 100 and Nifty Midcap 150
For the quarter ended June 2020, Divi's Lab reported a net profit of Rs 492.06 crore on account of robust sales.
Retail buyers push Nifty Smallcap up 8% in August; mid-caps jump 6% against a 2% rise in large-caps
Technical analysts say the positive momentum in the market could sustain as long as the index stays above 11,100 levels
Analysts have cut the 12-month average profit estimates for Nifty members by 20% since January on concerns about a patchy recovery and climbing virus numbers
The company reported a 26 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 758 crore.
Recouping all the losses made in the previous session, the Nifty50 index rose 211.25 points, or 1.94 per cent, to end at 11,102
The last time the indices posted bigger gains than this was in May 2009, following the re-election of the Manmohan Singh-led UPA government
A positive start to the results season also boosted sentiment
A lockdown to contain the pandemic is now eased, but companies are still struggling to get back on their feet. Puneet Wadhwa explains what to expect from companies in terms of revenue
Rossari Biotech will make its stock market debut this week following a hugely successful IPO, which saw 80 times subscription