Building on yesterday's massive gains, the rupee on Thursday soared by 34 paise to end at a fresh 3-month high of 66.85 against the US dollar on frantic selling of the American currency by exporters and banks.
Global brokerage firm Morgan Stanley on Thursday said it expects the Sensex to touch the 39,000-mark in a 'bull case' scenario by this December.
The benchmark BSE Sensex recovered over 150 points in early trade Thursday on positive global cues.
The wider Nifty after hitting a low of 8,715 closed in the green by rising 0.75 point, or 0.01 percent, at 8,769.05.
Nearly 2,100 new foreign portfolio investors (FPIs) have registered with capital markets watchdog Sebi in April-November period of the current fiscal.
The benchmark BSE Sensex recovered over 56 points in opening trade on Wednesday on hopes of a rate cut by the Reserve Bank and encouraging corporate earnings.
The 50-share NSE Nifty broke below the crucial 8,800 level and settled lower by 32.75 points, or 0.37 percent, at 8,768.30.
The Finance Ministry is considering including shares of public sector banks and government's shareholding in erstwhile PSUs in the second CPSE Exchange Traded Fund (ETF) which it plans to launch next fiscal.
A 'resilient' Indian rupee has weathered the post-US election headwinds fairly well but the domestic currency may still break above its 66.2-68.7 range established since early 2016, says a DBS report.
Mutual fund industry's asset base rose to all-time high of Rs 17.37 lakh crore at the end of January primarily on account of strong inflows in equity, income and money market segments.
Benchmark Sensex indices continued to fall amid consolidation, down by 62 points in late morning trade and dragged by profit-booking in Auto, IT, Technology, Industrials and Banking sectors ahead of outcome of monetary policy committee meeting due tomorrow amid weak Asian cues.
Markets regulator Sebi has sought clarification on the proposed Rs 10,000 crore initial public offering of top bourse National Stock Exchange (NSE).
The rupee continued to outshine against the beleaguered US dollar and ended at a nearly 3-month high of 67.22, appreciating by 9 paise on sustained unwinding of American currency by exporters and corporates ahead of the RBI policy.
The Sensex on Monday rose by 199 points to hit a four-month high on hopes that the Reserve Bank of India would cut rate on Wednesday's policy meet.
The benchmark BSE Sensex surged over 200 points while the broader Nifty traded above 8,800 level in the opening trade on positive global cues and hopes of rate cut on Wednesday.
After four months of selling frenzy, overseas investors turned net buyers in February and pumped in over Rs 2,300 crore in the capital market over the last three sessions, enthused by clarity on FPI taxation.
Reserve Bank's monetary policy review meet this week, key macro data and corporate quarterly earnings will size up the market this week, say experts.
Government will finalise the second and final tranche of capital infusion for public sector banks (PSBs) for 2016-17 once all of them have declared results for the third quarter of the current financial year, a senior Finance Ministry official said.
Hit by increase in non-performing assets and subdued global demand, the national export finance institution Exim Bank is looking at a muted growth of 5-7 per cent for the current financial year.
In a blockbuster debut, shares of 140-year-old BSE Ltd on Friday got listed on rival NSE's platform at a huge premium of nearly 33 percent over the IPO price -- culminating the 10-year-long process of India's first stock exchange going public.