Oil and gas sectot may not put up good numbers in Q4.
According to technical analysts, the Nifty could trade in the range between 7,400 and 7,700.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
Reversing the trend that saw the BSE index soaring to over 8,500, the stock markets plummeted on Wednesday, shelving 235 points amid an alert sounded by the government on the sharp increase in penny stocks.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
The markets witnessed another round of bullish activity today. After opening five points higher over its last close at 7,428, the Sensex zoomed past the 7,500-mark in afternoon trades, and soared to a new intra-day high of 7,527.
The good times continued for fund investors as equity markets closed in positive terrain for the third week in a row.
In October, the contribution through SIPs rose to Rs 79.85 billion, up 42% compared to the same month last year.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
When big offers hit the market, broader indices corrected 2-4%
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
The Nifty slipped below the 1,500-mark to close at 1,495 -- down 40 points.
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
Most Asian markets ended with gains.
Apart from sustaining your portfolio when the domestic market is faring well, global diversification also safeguards it against currency risk.
Dalal Street is bullish on invest
Continuing from the last week's upsurge, the Sensex opened with a strong positive gap of 45 points at 6,464.
The Sensex opened 17 points higher at 4,773, and moved past the 4,800 mark to touch a high of 4,802
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The markets opened weak on the back of negative Asian cues
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
The Sensex opened on a flat note at 8,137, and dropped to a low of 8,121 in early deals.
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
Oil, banks eneded the day in green while few in auto sector lost heavily.
The Nifty breached the 1,500-mark to end at 1,514 - up 26 points.
Indices reversed all its losses during late trades.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
Barring oil and gas, all BSE sectoral indices finished in the green.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
The dollar's gains against other currencies overseas and a lower opening in the domestic equity market also put pressure on the local unit, forex dealers said.
The Nifty also added 15 points to finish at 1,762.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
Analysts say that the focus now shifts to global events
With all the euphoria in the equity markets, there seems to be a mad rush to invest in diversified equity funds.
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