Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.
The Sensex ended at 28,198, up 265 points or 0.9%.
The rupee may also gain against the euro but be prepared for a snapback in the euro as Greece resolves.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
The May Nifty option chain and the three-month Nifty chains offer several signals worth noting.
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The Nifty's put-call ratios are very bearish.
Long-term investors should consider moving into smaller stocks. Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds, suggests Devangshu Datta.
Weakness in Infosys, ITC and Sesa Sterlite weighed on the indices.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
The Sensex was mainly dragged by Tata Motors, ICICI Bank, Bharti Airtel and Reliance Industries -- shedding as much as 4.60 per cent.
Lenders can now initiate recovery proceedings since the SC has lifted the standstill on asset classification, which protected stressed accounts from slipping into NPAs.
'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'
Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.
The Nifty-Sensex have recorded successive 52-week lows through the last week.
Standard and Poor's has launched two new investable Shariah indices for the Indian equities market.
The Sensex closed above 28,000 and Nifty settled above 8,500.
Analysts attribute this volatility to selling by FPIs and FIIs.
As many as 142 stocks from the S&P BSE500 index are currently trading below their level of May 12, 2014
Markets will remain closed today on account of voting for the general elections in Mumbai constituencies.
Bank stocks rose sharply by up to 12 per cent after the government's move to withdraw 500 and 1,000 rupee notes from circulation as part of black money crack down
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
NTPC was the top gainer in the Sensex pack, rallying 3.44 per cent. Bharti Airtel, Bajaj Finance, TCS, HDFC twins, Yes Bank and RIL too gained up to 2.33 per cent.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
The Sensex ended down six points at 22,758 and the Nifty edged lower by two points to close at 6,815.
Bajaj Finance was the top laggard in the Sensex pack, tanking up to 8 per cent, followed by M&M, Tata Steel, Bajaj Auto, ONGC, HDFC Bank and Kotak Bank. On the other hand, TCS, Tech Mahindra, HUL, Axis Bank and ITC were the top gainers.
Top gainers in the Sensex pack included Tata Steel, Kotak Bank, NTPC, HDFC twins, PowerGrid and ONGC, rising up to 4.60 per cent.
Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.
FIIs continue to invest in India, with their net investment since September 2013 standing at about Rs 82,000 crore(Rs 820 billion)
Broader markets outperformed benchmark indices with BSE Midcap and BSE Smallcap up 0.5% and 0.6%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.