Market players said short-covering and sustained foreign flows ensured markets remained bullish
Median P/E multiple of top 100 companies by market value is nearly 30 times their trailing 12-month earnings
Oil production fell 3.9% to 5.8 million tonnes while gas output fell 1.6% to 6.2 billion cubic metres
Of the 19 sectoral indices of the BSE, 16 ended with losses, with metal and realty indices declining the most
Market players said Moody's outlook underscored some of the marco concerns
Analysts said many stocks in the BSE 500 universe have broken their crucial support levels and it is difficult for them to bounce back in the near term
Experts said the reduction in corporation tax has helped revival of corporate earnings.
The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation
Mid- and small-caps outperform benchmarks
Brokers said buying activity gathered momentum as investors opened their new books on the first session of Samvat 2076
The S&P BSE Sensex added 38 points or 0.10 per cent to end the Samvat 2075 at 39,058 levels. The NSE's Nifty50 index ended at 11,584, up just 1 point or 0.01 per cent
Financials have seen sharp erosion in their share prices in wake of the yearlong crisis in India's credit markets
This is the sharpest decline for the software exporter since April 2013, shows data compiled by Bloomberg
At the global level, trade war tussle, monetary policy of major central banks and oil prices, analysts feel, are the factors that will dictate market direction
During Samvat 2075 (till October 18), the headline S&P BSE Sensex advanced 11.5 per cent, while the broader Nifty50 index has moved up nearly 10 per cent.
The company in a statement on Monday said the whistleblower complaint had been placed before the audit committee as per the company's practices
Sensex, Nifty gain for 5th day; auto, banking stocks gain the most
This was the third straight day of gain for the both indices. Also, foreign portfolio investors (FPIs) were net-buyers for a second straight session
Market players said that given the large revision in growth outlook, the 25-bp reduction seems inadequate
The performance of banking and financial stocks was a big drag on the markets, even as gains in technology, consumer goods and oil stocks helped offset most of the losses