Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.
Investors lost Rs 2 trillion as Sensex crashed on Tuesday.
Thus far in FY21, BSE, NSE have rallied 70 per cent and 71 per cent, respectively.
FIIs pump in Rs 2,075 crore in past three trading sessions.
BSE listed firms' value slips below Rs 100 trillion mark.
Metal shares were the top gainers with Hindalco up over 5%.
The market capitalisation of BSE-listed companies surged to Rs 98,11,322 crore.
Asian shares ended higher after a string of positive US economic data.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Asian shares ended higher following a relief rally in global equities after centrist candidate Emmanuel Macron won the first round of the French presidential election.
Sensex ended strong, Tata Steel, HUL climb higher.
The Bombay Stock Exchange 30-share index resumed better at 21,278.08
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
However, despite Covid, Indian markets registered their best financial year performance in a decade, with the Sensex and Nifty50 rallying 68 per cent and 71 per cent, respectively, in FY21.
'Markets are factoring in a good show by India Inc in Q2.'
ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
Financials are the top gainers along with index heavyweights.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Markets in green tracking firm global cues.
The Indian indices also offer one of the lowest dividend yields.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Nifty has a virtual monopoly in the index derivatives segment.
The Nifty had hit its third successive record high of 7,922.70 today.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
Gains were led by Tata Motors on robust Q1 earnings and HDFC Group shares.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
The total market valuation of the BSE-listed companies is nearing the Rs 100 lakh crore-mark following the continued dream run of the bourse.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
Sensex closed 63.82 points higher at 26,851.05 in Muhurat trading; Nifty rises 18.65 points to end at 8,014.55.
Positive cues from the global market front aided the rally.
Investor wealth zoomed over Rs 10.48 lakh crore in two days as the Budget-driven market euphoria continued to charge bulls on Tuesday.
The official data on April-June GDP will be released on August 31.
Creating history, leading exchange BSE on Wednesday peaked above Rs 100-trillion mark to scale a new record in terms of market wealth of all listed firms.
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