Tech Mahindra was the top laggard in the Sensex pack, cracking over 5 per cent, followed by Infosys, HDFC, IndusInd Bank, Reliance Industries and NTPC. On the other hand, Hero MotoCorp, L&T, Maruti, UltraTech Cement and Sun Pharma led the gainers' chart.
'It will be best for investors to have a systematic investment plan in mid-cap and small-cap funds with a three-/five-year horizon.'
'I am not saying start buying from today. but start buying in the next three-four months.'
'I don't see any major setback for the Indian markets post the US Fed event.'
Kotak Mahindra Bank was the biggest gainer on both the indices, ending nearly 9 per cent higher following reports that Warren Buffett's Berkshire Hathaway Inc was planning to pick up stake in the private sector lender.
Top gainers of the session included Bajaj Auto, Kotak Bank, M&M, Vedanta, IndusInd Bank, Asian Paints, HDFC Bank, Reliance Industries, HUL, HDFC, ITC, Tata Steel and Tata Motors, rallying up to 5 per cent.
Market sentiment suffered a jolt after other Asian markets closed with widespread losses and European markets dropped in early trade
The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points.
For the second straight week, the Sensex rose, notching up a significant gain of 528.34 points, or 1.59 per cent. The Nifty was up 129.45 points, or 1.25 per cent, during the week.
'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'
Amid slowing growth and low interest rates, investors will need to focus on stock-picking, suggests John Remmert.
President Donald Trump has tapped Jerome "Jay" Powell to lead the US central bank, bypassing Janet Yellen for a second term despite praising her excellent management of the world's largest economy over the past four years.
'We may be opponents - but we are not enemies. We are America'
The central bank maintained its bias towards a rate hike.
Oil & gas, banking and pharma sector stocks stole the show
When he didn't respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay.
Markets are assuming that by the second half of 2021, the world will be approaching some type of normalcy, points out Akash Prakash.
West Indies were 269 for nine, needing seven runs to save follow-on, at the end of the third day of the first Test against Sri Lanka.
The West Indies laid down a significant marker ahead of the ODI series as they comfortably beat England by 21 runs in their sole Twenty20 fixture at Chester-le-Street on Saturday.
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
The Chinese President dethroned Russian President Vladimir Putin as the most influential person on the planet.
Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week
He returns to international cricket after 15 months on the sidelines
'My sense is that we should be braced for a correction.' 'It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.' 'Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash.
Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
Sunil Narine, and Dwayne and Darren Bravo all made themselves unavailable for the five-match ODI series, which begins in Manchester on September 19 and concludes in Southampton on September 29.
The change in format may bring about some strategic shift in the playing eleven for India with captain Virat Kohli expected to open the innings.
Off-spinner Mark Craig captured the best figures by a New Zealand bowler on debut as the visitors beat West Indies by 186 runs late on the fourth day of the first Test at Sabina Park in Kingston, Jamaica.
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