Despite headwinds, it remains "structurally bullish" on India and expects the Sensex to scale up to the 70,000-mark by December 2022; 80,000 level in a bull-case scenario and hover around the 50,000-mark as a bear-case, the brokerage house said in a report.
Institutional investors led by foreign portfolio investors have bought these shares.
India's formidably consistent match-winners have a date with history in the New Year when they take on an out-of-sorts South Africa in the second Test in Johannesburg from Monday in pursuit of a coveted first-ever series win in the Rainbow Nation.
'Muslims eat beef, some Hindus and poor people also eat, so why should we stop them from eating?'
The rise in US bond yields spooked investors last week and there could a further increase given the inflation dynamics, according to Christopher Wood, global head of equity strategy at Jefferies. "The US bond market sell-off has continued over the past week, and with it the increased potential for an inflation scare. "Still, there is plenty of scope for bonds to sell off more since the last time the 5-year forward inflation expectation rate was running at current levels (namely in early December 2018), the 10- and 30-year bond yields were significantly higher at 2.91 per cent and 3.17 per cent, respectively," the market guru said in his newsletter GREED & fear. The 10-year and 30-year US Treasury finished at 1.34 per cent and 2.13 per cent, respectively, last week.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
David Coulthard doesn't feel sorry for the multi million pound worth Spaniard.
A round-up of Tuesday's action in the UEFA Champions League.
England Women register a five-wicket win over India Women and grab an unassailable 2-0 lead
Royal Challengers Bangalore batters overcame some nervy moments after leg-spinner Wanindu Hasaranga spun his way to a four-wicket haul to register a three-wicket win over Kolkata Knight Riders.
Jos Buttler anchored the run chase to help the home side clinch the three-match series in Southampton on Sunday.
Stock markets in structural bull run but there can be bouts of volatility says Ravi Gopalakrishnan, head, equities, Canara Robeco Mutual Fund
Valtteri Bottas ended his year-long drought with a dominant victory in Turkey on Sunday while unhappy Mercedes team mate Lewis Hamilton finished fifth and lost the Formula One championship lead to Red Bull's Max Verstappen.
P-Notes, mostly used by overseas High Networth Individuals, hedge funds and other foreign institutions, allow such investors to invest in Indian markets through registered foreign institutional investors.
Budget was a mild disappointment. Yet, the bull run continues.
Powered by a rally in index heavyweight Reliance Industries, equity benchmark Sensex broke its four-session losing run to close above the 55,000-mark on Thursday despite a weak trend overseas. Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off. However, a depreciating rupee and persistent foreign fund outflows capped the gains, traders said. Overcoming a lacklustre start, the 30-share BSE Sensex surged 427.79 points or 0.78 per cent to close at 55,320.28.
'Historically, the lead-up to a general election tends to be excessively volatile and big losses are perfectly possible.'
For the first time since 2001, promoter stake in BSE 500 decisively below 50%
MotoGP: KTM's Oliveira powers to victory in Barcelona thriller
Investments into domestic shares through participatory notes (P-Notes) surged to the highest level in more than six-and-half years at Rs 2.65 lakh crore (about $43 billion) in October.
Charles Leclerc took pole position for Ferrari in crash-laden qualifying for the Australian Grand Prix on Saturday, pipping Red Bull's World champion Max Verstappen on the upgraded Albert Park circuit.
Lewis Hamilton extended his lead at the top of the overall Formula standings with an unchallenged drive to victory in Sunday's Belgian Grand Prix. The Briton, who started from pole and led every lap, crossed the line 8.4 seconds ahead of team mate Valtteri Bottas who gave Mercedes a one-two finish.
Balanced funds may be a good option for first-time investors.
Lewis Hamilton took his 98th career pole position in qualifying for the Bahrain Grand Prix on Saturday
Images from Day 2 of the 2nd Test between England and New Zealand played at Edgbaston on Friday
The pole was the second of the Dutch 22-year-old's Formula One career and the first in Brazil for engine partners Honda since the late triple champion Ayrton Senna in 1991 with McLaren.
IMAGES from the IPL 2022 game between Chennai Super Kings and Lucknow Super Giants, in Mumbai, on Thursday
Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.
Chances of a sudden collapse in the Shanghai Composite are remote.
India posted 153/6 in their 20 overs after winning the toss and England chased the target down in 18.4 overs to clinch the series
Bowlers dominated the day with 16 wickets falling in the entire day.
Tendulkar's remarks came as KKR defeated Rajasthan Royals by 37 runs.
After the stumps on Day 2, Sri Lanka's score read 108/4 as they are trailing India by 466 runs.
Formula One got back on track in changed circumstances on Friday but with Mercedes bringing a familiar look to the timing sheets as six times World champion Lewis Hamilton led team mate Valtteri Bottas one-two in Austrian Grand Prix free practice. The Briton did 41 laps and lapped with a best time of one minute 04.816 seconds in a damp and overcast session, 0.356 faster than the Finn.
Images from the first Twenty20 International between India and Sri Lanka, in Dharamsala, on Saturday.
India level series as England pressed self destruct button towards end
According to the latest data released by market regulator Sebi, the total value of P-Notes investment in Indian markets (equity, debt and derivatives) declined to Rs 1,63,348 crore (Rs 1,633.48 billion) at the end of January from Rs 1,67,566 crore (Rs 1,675.66 billion) in the preceding month.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
The mutual fund industry also witnessed record sales.
