Business Standard Podcast

Extending their rally, benchmark indices ended over 1 per cent higher on Tuesday, driven by gains in financials and energy counters. The S&P BSE Sensex ended at 37,535.66, up 481.56 points while the broader Nifty50 index settled at 11,301.20, up 133 points. Among sectoral indices, the Nifty Bank and Nifty Private Bank hit all-time highs during the intra-day trade, with ICICI Bank, IndusInd Bank being the top gainers. The indices settled at 28,443.70 and 16,257.90, respectively...

Investors will keep a keen eye on macro data such as IIP (Index of Industrial Production) data for January and CPI (consumer price index) inflation numbers for February, which are set to be released today. On the global front, a key vote by UK lawmakers on Theresa May's Brexit deal, scheduled for later in the day, will also be on the investors' radar. Apart from this, stock-specific action and movement of rupee against the US dollar will be closely monitored...

Following Asian peers, the domestic equity market ended with sharp gains on Monday, led by across-the-board buying, barring IT counter. The S&P BSE Sensex reclaimed the crucial 37,000 mark to end at 37,054, up 383 points or 1 per cent. The 50-share index Nifty of the National Stock Exchange (NSE) added 133 points or 1.23 per cent to close at 11,068. Out of 50 constituents, 42 ended in the green and rest in the red...

Macro data such as industrial production and inflation numbers are among the key factors that will sway the market this week.  Industrial production data (IIP growth) for January 2019 is slated to be unveiled on Tuesday. CPI (consumer price index) inflation for February will also be unveiled on the same day while wholesale price inflation (WPI) numbers are scheduled to be released on Thursday...

Benchmark indices ended marginally lower on Friday led by a fall in ICICI Bank, State Bank of India (SBI), HDFC, RIL and Axis Bank. The S&P BSE Sensex ended at 36,671, down 54 points while the broader Nifty50 index settled at 11,035, down 23 points. Among sectoral indices, Nifty Metal index ended 1.5 per cent lower with Jindal Steel & Power and MOIL among the top losers. The Nifty IT index, too, settled 1...

Organisations are making most out of the International Women’s Day, which is celebrated on March 8th. They are pitching interesting women's day marketing campaign to celebrate women's empowerment, honor their achievements or call for more progress on gender equality...

Markets are likely to take cues from global developments on Friday. Springing a surprise, European Central Bank (ECB) pushed out the timing of its first post-crisis rate hike until 2020 at the earliest and offered banks a new round of cheap loans to help revive the euro zone economy. ECB President Mario Draghi said the economy was in “a period of continued weakness and pervasive uncertainty”...

Benchmark indices ended marginally higher on Thursday led by gains in HDFC Bank, Larsen & Toubro (L&T), ITC, Axis Bank and RIL. The S&P BSE Sensex ended at 36,725, up 89 points while the broader Nifty50 index settled at 11,058, up 5 points. Among sectoral indices, the Nifty PSU Bank index ended 1.4 per cent higher with Punjab National Bank (PNB) and Bank of Baroda being the top gainers. The Nifty FMCG index, too, settled 0.6 per cent higher steered by ITC and Hindustan Unilever...

A new report by UK-based property consultant Knight Frank on Wednesday said India’s billionaire population is expected to grow 37 per cent in the next five years, beating the global and Asian averages. Those with net assets of $30 million or more are regarded as ultra-high net worth individuals (UHNWIs). Growth among the ultra rich people in India is expected to see a rise of 39 per cent, the highest globally.  India is followed by The Philippines (38 per cent) and China (35 per cent)...

Weak global cues are likely to weigh on investor sentiment on Thursday. US' trade deficit with the rest of the world, which hit a record $891 billion last year, and lower global economic growth forecast by OECD are expected to be on investors' radar when trading resumes today. Besides, markets will also be awaiting monetary policy announcement by ECB (European Central Bank), due later in the day...