A BofA-ML report said markets are likely to double from current levels in the next four years.
Nifty rose to hit 8,000 level for the first time while Sensex hit a new high of 26,812.
Both Sensex and the Nifty have gained about 26 per cent this year so far.
BSE Sensex climbs over 82 points to hit yet another record of 26,642.81 in opening trade.
FIIs collectively held nearly 46 pct of free float; HDFC, ICICI Bank, Infosys lead: Report
BSE Sensex gets boost on expectations of further monetary stimulus in Euro zone.
India still among countries that received most inflows during August despite slow pace of investment.
The credit relates to around 18 GW of power capacity, 60% of the 30 GW that is based on captive coal.
Stocks having high exposure to captive coal blocks likely to be impacted: Barclays
Sensex ended Monday’s session at a lifetime high close of 26,437.02 points.
Jet Airways shares fell as much as 5.1 pct after rating agency Icra downgraded its debt rating.
Markets hit new lifetime highs but SC ruling hit investor sentiment with Nifty ending in the red.
The m-cap of ONGC surged to Rs 3,65,191.10 crore, while that of SBI zoomed to Rs 1,88,405.19 crore.
Nifty settles above 7,900-mark, boosted by gains in banking and IT stocks on higher capital inflows.
The BSE 30-share barometer rose 36.00 points, or 0.14 per cent, to trade at 26,456.67.
While a new government at the Centre could well convince corporates to move ahead with their growth...
At 26,420.67 points, the Sensex is now up 27.2% so far in 2014, making India the...
Surging for the sixth straight session, the benchmark BSE Sensex today rose about 30 pts to new closing peak of 26,420.67 and the Nifty edged up 23 points to end at a record 7,897.50 following across-the-board gains on positive domestic and global cues. This is the second day in a row that broader indices have […]
HSBC outlook surprising as stock market has been on a song for the sixth consecutive day.
Dealing room checks show strong buying by foreign institutions on Monday.
Sensex rises 288 pts to end at new record high of 26,390.96.
Mutual fund (MF) investments in IT stocks reached Rs 27,596 crore as on July 31, 2014.
Major gainers were HDFC Bank 1.95 pct, Hindalco 1.64 pct, GAIL 1.45 pct, SunPharma 1.22 pct and TCS.
Mid caps back in favour as economy shows signs of turnaround.
In May, investors had pumped in Rs 33,661 cr in various MF schemes.
Late buying by overseas funds helped the 30-share index rebound and close with a gain of 38.18 points.
BSE Sensex was trading 83.55 points or 0.32% higher at 25,964.32 points.
Tata Motors provisionally rose 6.2 percent, marking its biggest single day gain since Sept. 10.
Mahindra and Mahindra provisionally rose 6.2 percent, while Tata Motors ended 3.3 percent higher.
Sebi chairman UK Sinha said that the proposals with respect to REITs and InvITs were cleared by the board.
Nifty dipped below the 7,600 mark by plunging 80.70 points to end at 7,568.55.
BSE Sensex extends losses for the third straight session on Iraq tension.
Logging the first drop in three days, the BSE benchmark Sensex today slumped 243 points led by losses in ITC, ICICI Bank and Tata Motors shares in line with weak global cues amid worries the conflict in Ukraine could worsen. Besides profit-booking in metal, banking, realty and oil & gas shares, the rupee slumping […]
The Sensex had gained over 242.32 points in the previous session.
BSE Sensex had lost 606.58 points in the previous two sessions.
Sebi has sought to bust one of the most commonly used tactics by those selling such fraudulent scheme.