Bjp Led Government

BJP led government after assuming power in the state in 2012 had abolished VAT on petrol as an anti-inflation measure reducing the prices on fuel by almost Rs 11 per litre.

See Sensex at 24K if Modi comes to power: Rajen Shah

The 1000-point rally seen on Sensex is not necessarily discounting the formation of Narendra Modi led government as the Centre but in fact market seems to be celebrating the exit of the current non-functional government says Rajen Shah, CIO, Angel Broking.

FII inflows hit $20-bn in 2013; take total to $150 bn

The final numbers for 2013 may even exceed the level seen in 2012, when FIIs made a net infusion of Rs 1.3 lakh crore (USD 24 billion) in equities, as a few days are still left in the current calendar year.

Election key for mkt; 25bps rate cut seen in June: IIFL

The market would be keenly watching elections for further direction, says Amar Ambani of IIFL. He sees a rate cut of 25bps in June however adds that the central bank may maintain a status quo for rest for the year.