Slow pace of reforms in India is disappointing: Faber
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Only six sectors are likely to report good set of numbers in Q4 FY15.
The market direction will be guided by corporate earnings, especially the oil & gas companies, since they were responsible for earnings disappointment in the past quarter as well.
Global events will continue to be in the limelight, besides domestic policy.
Real test of the rally in this segment will be the upcoming result season.
Ashok Leyland, ITD Cementation India have more than doubled.
Pharma stocks have performed well after Budget
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
AAP has promised lower electricity bills, free basic water supply.
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BJP loss could trigger a correction
HDFC and HUL are the latest entrants in the club
With a rise of around 30 per cent in the benchmark index S&P BSE Sensex, 2014 has been the best year for Indian equity markets since 2009, when the benchmark index surged 81 per cent.
Global brokerage firm CLSA is positive on India's growth stroy.
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
The fall in metal and mining stocks comes on the back of weak Chinese trade data