Expansion of services activity in 2021 is particularly noteworthy as people overcoming fear of pandemic have shown a preference for enhanced mobility despite Covid-related risks, monthly report by ministry says

While Sensex closed 1,147 points or 2.28 per cent higher at 51,444, Nifty climbed 326.50 points or 2.19 per cent to end at 15,245

Asia's third largest economy came out of a technical recession and expanded 0.4% annually last quarter and the recovery is widely expected to gather pace in the year ahead amid hopes a successful vaccine rollout will boost business activity

Axis Bank says that leading and concurrent high frequency indicators are showing signs of plateauing at about 3 per cent below pre-lockdown levels, which is a cause for worry

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 8.9% to 25.62

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) fell to 50.9 last month, the lowest level since last May

Stock Market Updates Today: Sectorally, all the indices were rising, with 1.8% rise in media, financial services, PSU Bank and private banking indices.

Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.

A majority of early economic indicators lost steam in January 2021, relative to December 2020, partly because of an unfavourable base effect, supply-side issues and price hikes.

Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

Stock Market News Updates Today: Bajaj Finserv, IndusInd Bank, RIL, Kotak Bank were among the top gainers today, while NTPC, PowerGrid, Asian Paints, ICICI Bank, Tata Motors were among the top losers

Nomura said that it expects real GDP to contract by 6.7 per cent in FY21 and grow by 13.5 per cent in FY22

Index of Industrial production (IIP) for the month of December 2020 came in at 1%, indicating a normalisation in economic activity

The country's industrial output had contracted 2.09 per cent in November, while it grew 4.19 per cent in October, the data showed.

Stock Market News Updates Today: Earlier today, Sensex hit a record high of 51,804 and Nifty hit a lifetime high of 15,243

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

State Bank of India, HDFC Bank, Larsen & Toubro, Hindalco, UPL and Bharat Petroleum Corporation were among the top gainers today

India Stock Market News Updates Today: Earlier today, Sensex rose above the psychological key level of 50,000 and Nifty neared 14,700

The slowdown in the manufacturing sector underscores the fragility of the ongoing economic recovery in China, as Beijing grapples with a resurgence of local Covid-19 cases in northern China and navigates rising tensions with Washington and its allies

Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index