A day after the poll results, bulls were back in action with the benchmark indices registering strong gains to close at record levels amidst an across the board rally. The 30-share Sensex gained 623.33 points or 1.61% to close at a new high of 39,434.72. This is only the third time that the benchmark has […]

Buy the rumour, sell the news, goes the old adage in stock markets. On Thursday, the stock market moved in line with the adage with the Sensex surging over 1,000 points in the morning session to breach the 40,000-mark for the first time ever as initial trends showed the BJP getting a strong majority. However, […]

The new government, whatever form it takes, should focus on a few key aspects of the economy such as tackling income inequality on a priority basis, cleaning up bank balance sheets rather than delaying the clean-up, being more fiscally disciplined, and being more accountable for the revenue projections made in a year, according to noted […]