Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Markets closed in the red on domestic worries.
The recent recalls come amid increased FDA scrutiny of medicines produced in India.
Domestic pharma giant Ranbaxy Laboratories Limited has topped the list of patent filers in the area of drug applications from the Third World countries last year with 64 new formulations.\n\n\n\n
The Sensex opened with a positive gap of 20 points at 10,133.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
After exhibiting high volatility in early trades, the Sensex closed with a marginal loss of 22 points at 9,849.
Late selling in the market saw the Sensex close seven points lower at 9,374.
The Sensex opened marginally (six points) higher at 5,657. Weakness in Infosys and Dr.Reddy's in early morning deals pulled down the index to an intra-day low of 5,623.\n\n
Being a successful investor is all about making the most prudent investment decisions, even if they are dull and boring.
For 2017-18 and 2018-19, investors are better off focusing on the quality of measures announced in the Budget and outside it rather than on the Budget numbers themselves, says T T Ram Mohan.
Indian equity markets registered their highest single-day percentage gains since early October.
The Sensex opened on a positive note at 7,556 and soon gathered momentum to rise above the 7,600-mark.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Indian drugmaker Dr Reddy's Laboratories hopes to launch two-to-three generic products in the United States this year in a bid to increase its share of a lucrative market, its chief executive said.
Indian drugmakers' domestic sales of ready-to-take medicines in January-March could be lower than expected as distributors suspended stocking in anticipation of a new value-added tax system coming into force, analysts and industry members said.\n\n\n\n
The markets displayed volatility with the Sensex clocking a high of 6,587 and a low of 6,509.
The Sensex rallied to a new high of 10,238, and finally closed with a gain of 56 points at 10,224.
The Sensex touched a new all-time intra-day high at 10,196, and finally closed with a smart gain of 89 points at 10,168.\n
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
Heavy selling pressure towards the end saw the Sensex slide to a low of 9714, and closed with a loss of 101 points at 9743.
The Sensex, which, scaled to a new lifetime intra-day high of 9994, tumbled into negative zone to touch a low of 9819, and finally closing with a loss of 61 points at 9,859.
After scaling to a new all-time high of 9714, the Sensex finally closed with a gain of 136 points at 9,686.
The Sensex closed with a huge loss of 1.4% (138 points) at 9,445 owing to profit taking.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
The Sensex is holding on to its gains on steady gains in techs, PSUs and heavyweights, and is now up 32 points
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