Investor wealth slumped by Rs 3.7 lakh crore on Monday, as the equity market recorded its biggest single-day fall in two months.
Sentiments in global markets, movement of rupee against the dollar and crude oil prices will dictate near-term trend
Auto stocks will be in focus
Over the past week, the BSE Sensex ended on a muted note, showing a marginal gain of 2.25 points at 28,114.56.
FII investments, movement of rupee against dollar and crude oil to influence trading
The market capitalisation of BSE-listed companies jumped to a record high of Rs 2,40,04,664.28 crore on Tuesday, driven by a rally in stocks that also saw the benchmark Sensex touching its lifetime peak of 53,887.98 points. Rallying for the second consecutive day on Tuesday, the 30-share BSE index closed at a fresh closing peak of 53,823.36 points, a jump of 872.73 points or 1.65 per cent. During the day, it zoomed 937.35 points to 53,887.98 points.
.jpg)
Most of the railway-related stocks, which had seen smart gains in the past few days ahead of the Rail Budget, saw profit-booking as Railway Minister Sadananda Gowda presented the Budget.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
Progress of monsoon, investment trend by foreign investors and the movement of rupee against the dollar will also influence sentiment
Brokers hope of a stable government after elections and signs of economy returning to growth path.
Gaurav Garg, head of research at CapitalVia Global Research Limited will answer your stock market queries.
Over the past week, the Sensex and the Nifty continued the bull-run
Overall market benchmark Sensex is headed for its worst performance in four years with a decline of 1,650 points
This is the index's biggest single-day fall in almost a month
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances