Business

The broad-based NSE Nifty rose 50.10 points, or 0.63 per cent, to end at 7,946.35, after shuttling between 7,955.55 and 7,891.15.

The Sensex rose 45.35 points or 0.17 percent to 26079.48 and the Nifty went up 3.80 points to 7928.95.

As per the final guidelines, banks will fix their lending rates as per their marginal cost of funding every month, which will be based on the rate offered on new deposits.

A cautious tone largely dominated trading sentiment ahead of most awaited event of the year - Federal Reserve's widely anticipated monetary policy announcement and also collapsing energy prices.

The previous high in the index of industrial production (IIP) was in October 2010 at 11.36 per cent.

Wealth creation is the process by which a company enhances the market value of the capital entrusted to it by its shareholders: Financial services company Motilal Oswal.

Overall consolidation with negative bias ruled the market in 2015 but that may not continue in 2016, feel analysts.

The Centre has also appointed a consulting agency to help the team in its work, Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.

The government is now planning to change existing rules to allow imports of only lower-quality 18 and 22-carat jewellery, the newspaper said, citing unnamed government officials.

While asking Maran to appear before CBI from 11 AM to 5 PM from Monday, the bench comprising Justices TS Thakur and V Gopala Gowda, however, refused to allow his custodial interrogation by the probe agency which said it needed his custody to unravel the "...

Pulses and Onion among the food items category turned costlier with inflation at 52.98 per cent and 85.66 per cent respectively during October.

Auto stocks held steady with Maruti, Bajaj Auto, Hero and M&M as top gainers while HUL also added 1 per cent.