Both the indices fell for the first time in five weeks, as the Sensex dropped 67.9 points or 0.3 per cent, while the Nifty shed 3.4 points or 0.04 per cent
Nifty fell 1.31% to 7,615.10, while the Sensex lost 1.46% to 24,966.40
The 30-stock Sensex was little changed, after erasing an intraday loss of 0.7 per cent, with gainers and losers evenly poised at the close
Market capitalisation of TCS surged by Rs 12,068.87 crore to Rs 4,78,272.12 crore
Stocks advanced to a 10-week high, with the benchmark gauge capping a third week of gain, as risk appetite returned to developing markets after global central banks indicated a willingness to continue measures to support growth and stabilise markets.Tata Consultancy Services, the largest software exporter, surged to its highest price this year. Bharat Heavy Electricals, India's biggest power-equipment maker, rose for a fifth day to become the best performer on the S&P BSE Sensex this week. The stretch of gains was the longest since July. GAIL India climbed to a six-week high.The Sensex surged 1.1 per cent to 24,952.74, its highest close since January 6. The gauge rose one per cent this week. Emerging-market stocks were on the cusp of a bull market as crude topped $40 a barrel and the Federal Reserve's dovish stance revived demand for riskier assets. Global funds bought $1.9 billion of local shares since March 1, the biggest inflow in 15 months."Foreign inflows into India have becom
European stocks climbed, Asian equities fell and the dollar strengthened against most major currencies before a Federal Reserve policy review
They say inflation and advance tax collection data will set the trend for the market this wee
Markets may resume rally thanks to ECB stimulus
Barring Sun Pharma, HUL and ONGC, rest seven companies led by TCS saw their market capitalisation surge
Benchmark stock gauge capped its best week in four years as foreign investors increased their holdings and the rupee strengthened.State Bank of India and ICICI Bank, the country's two biggest lenders, were the gauge's top performers for the week with gains of 21 per cent and 19 per cent. Tata Motors, the owner of Jaguar Land Rover, rose to a six-week high. Bharat Heavy Electricals, largest power-equipment maker, was the top gainer on the S&P BSE Sensex on Friday.The Sensex climbed 6.4 per cent from February 26, the most since the week ended December 2, 2011. It rose 0.2 per cent to close at 24,646.48 in Mumbai on Friday, after changing direction at least 20 times. Global funds bought a net $860 million of local stocks in the first three days of March, paring the year's outflows to $2 billion. The rupee completed its biggest weekly advance since September 2013. Markets will be shut Monday for a local holiday."After a tear away rally we can see some consolidation, and we have the ext
Easing liquidity in the bond market and the hopes of more rate cuts from the RBI have driven the rally
Markets are likely to open flat and volatility will be seen ahead of Feb F&O expiry tomorrow
Mixed global cues and decline in crude oil prices further dented sentiments