But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
Market breadth is positive with 942 advances and 196 declines.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Brokers have only kept guarantees for which they have open positions.
Only six sectors are likely to report good set of numbers in Q4 FY15.
The bigger worry is that the miss for FY19 is likely to be significant even after assuming macro factors such as crude oil prices, rupee, input costs, and interest rates, do not worsen from the current levels, reports Vishal Chhabria.
Given the developments, analysts do not foresee a quick recovery.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
Sharp swings likely in equity, forex and bond markets.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
Secondary market might be a better bet for investors
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Higher growth, reform bets have boosted returns but leave limited room for error.
'Indians are great savers, but they are lousy investors.'
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
Over the past two decades, India has evolved economically as well as from the market's perspective.
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