The broader market outperformed, as the SP BSE Midcap index rose 1.4 percent higher, while the SP BSE Smallcap index was up 1.7 percent.

The Nifty Bank rose more than 1,200 points or 6.6 percent led by gains in Axis Bank, ICICI Bank, IDFC First Bank, Bandhan Bank and Federal Bank.

Top Nifty50 gainers include Sun Pharma, HDFC Bank, Infosys and Tata Motors.

The Nifty formed a bearish candle on the daily charts.

Sectorally, the action was seen in the Energy, Auto, FMCG, Oil Gas, Bankex, and Consumer Durable space while profit-taking was visible in realty, and capital goods, stocks.

The BSE Midcap index was down by 1.7 percent, while the Smallcap index fell 1.4 percent.

The Nifty formed a Gravestone Doji pattern on the daily charts.

Sectorally, the action was seen in BSE Finance index, which was up 3.5 percent, followed by the Bankex that closed 2.9 percent higher.

All eyes will be on the FOMC outcome later in the day, say experts. But, the strong rally on D-Street has set the tone for the Nifty to reclaim 9,600 and possibly head towards 10,000.

Reports of successful trials of a COVID-19 vaccine also influenced the mood of the market.

Investors lose nearly 6 lakh cr in a single trading session. The average market capitalisation of the BSE-listed companies fell from Rs 129.41 lakh cr recorded on April 30 to Rs 123.69 lakh cr on May 4.

Profit booking hit D-Street at higher levels as concerns over muted earnings, impact of extended lockdown and rising COVID-19 cases weighed on sentiment.

Volatility is likely to continue in the near term and the immediate resistance for the Nifty stays at 9,450 levels.

A break above 9,350 will open doors for 9,450–9,533 and a breach of 9,100 shall see the Nifty resuming a downswing with an initial target of 8,900.

If there is too much gold in your portfolio, you can afford to book some of the gains

Markets witnessed a bounce back from the bottom over-optimism on relief measures introduced by government but continuous rise in COVID-19 cases and bad earning season weighed on the sentiments.

The Dakshin Kannada Pre University Principals Association (DKPUCPA) has released the 1st PUC result 2020 on May 5. The sources suggest that 1st PUC result would be available both online and offline. The 1st PUC result Karnataka would be sent through

The financial position of these states is precarious as the coronavirus lockdown completely dried up this crucial liquidity tap for them in April.

Karnataka Examination Authority (KEA) has rescheduled the dates of Karnataka CET 2016. The KCET 2016 is rescheduled to be held on May 4, 2016 instead of May 1, 2016. The dates are rescheduled as the earlier exam dates were in clash

Karnataka Management Aptitude Test (KMAT) 2016 exam dates is declared. The Karnataka Private Post Graduate Colleges' Association (KPPGCA) has scheduled the exam date for May 29, 2016. Students who wish to seek admission to any of the following courses- Master of

The 2nd PUC annual exams will be held from March 09 to 27. The Department of Pre-University Education, Government of Karnataka (PUE) has released time table for the same with tentative dates. Objections regarding the dates can be submitted at the

Yami Gautam posted a childhood picture of her sister, brother, and herself on Instagram. It was her brother, Ojas Gautam's birthday today and well, Yami Gautam has been giving us glimpses of her childhood pictures. However, apart from sharing

TikTok star Bhavin Bhanushali has not just earned fame and recognition by entertaining people with his creative videos but has also won their hearts with his charming smile and brilliant acting skills. The star has already made his Bollywood debut

At a press briefing, Jaitley announced that the Cabinet headed by Prime Minister Narendra Modi has decided to scrap nearly a century old practice of having a separate railway budget and merging it with general budget.

In an interview with CNBC-TV18, Satpal Arora, MD of Tourism Finance Corporation of India (TFCI), talked about the state of business and the outlook ahead.

In a statement, Thorat, who is also the state Congress president, alleged that arbitrary decisions taken by many states regarding migrant workers had worsened the situation.

Around 250 Indian students and tourists were seen queuing with their luggage at the airport from early on Saturday as they prepared for the journey home.

The board has not recommended any dividend for FY2020 as per RBI direction to banks.

Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have recently invested in the Indian company.

A European coalition is forming around an approach to using smartphone technology to trace coronavirus infections which, it's hoped, will enable borders to reopen. Joe Davies reports.

Gerson Monje holds up his cellphone to proudly show off his online sex shop. A red banner reading "sold out!" is plastered across half of the products.

U.S. House Speaker Nancy Pelosi on Thursday made an indirect dig at President Donald Trump's Navy Blue Angels flyover this weekend, saying that political leaders have 'no right to praise them and then ignore their needs.'

Japan's time-honoured ritual of exchanging business cards face-to-face is under pressure as the government promotes a "new lifestyle" to combat the coronavirus.

Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have recently invested in the Indian company.

Singapore registered 753 new coronavirus infections, its health ministry said on Saturday, taking the city-state's total to 22,460 cases.

Staging this year's Ryder Cup without fans is not in the event's best interests but it might have to "take one for the team" and proceed that way amid the COVID-19 crisis, Team Europe captain Padraig Harrington told The Times newspaper.

Rory McIlroy will team up with Dustin Johnson to take on American duo Rickie Fowler and Matthew Wolff in a $3 million charity skins match on May 17 as televised golf returns amid the COVID-19 pandemic, the PGA Tour said https://www.pgatour.com/news/2020/05/04/rory-mcilroy-dustin-johnson-rickie-fowler-matthew-wolff-taylormade-driving-relief-live-golf-covid-19-coronavirus-relief-efforts.html on Monday.

Pune being a crowd puller during the annual Ganpati festival, these young drummers feel that it is the time they can showcase their skills while also worshiping Lord Ganesha through their art.

The decision to resume classes was taken so that the students do not face further disadvantages.

The coronavirus outbreak has brought all sports activities to a halt, players are practising social distancing and self-isolation during the pandemic.

The two brothers are named as accused in the FIR registered by CBI in the Yes Bank scam.

Pardeshi has been transferred as additional chief secretary in the urban development department.

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Oxford : Oxford University Press, 2019.

New York, NY : Oxford University Press, 2020.

Singapore : Springer, c2019.

Cham : Palgrave Macmillan, c2019.

Cham, Switzerland : Springer, [2019]

New York, NY : Oxford University Press, 2019.