'This is the first time we will see how SIP investors react to market correction.'
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
At first glance, the last samvat the year as reckoned by the lunar calendar, from one Diwali to the next has seen decent gains for equity investors.
Can the poll outcome be a trigger for a meaningful correction?
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
Losers included Bharti Airtel, SBI, Wipro, Vedanta, Maruti Suzuki, ICICI Bank, Axis Bank and Reliance Industries, falling up to 2.18 per cent.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
Images from Sunday's action in the Premier League.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
One could buy stocks cheap, sell if the market rises or do nothing. All these decisions would be correct.
Equity flows have been under pressure since the second half of 2018, after the IL&FS crisis sent shockwaves in both equity and debt markets.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
'The challenge in India will be reviving consumption/investment.' 'If the negative surprise in earnings is very sharp or lasts longer than March, it can trigger a sharp sell-off.'
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
Analysts say markets to be impacted by monsoon, inflation trajectory.
Markets ended in red; index heavyweight under pressure.
As the Indian equities signed off 2019 on a remarkable note, the m-cap of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore.
The IT slowdown directly threatens the well being of other industries as well as India's IT cities. This impact has not necessarily been factored in, yet.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
As the 2019 election draws near, investors focus on long-dated options.
It's been a roller-coaster ride since 2015 Budget.
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Among the Sensex 30 stocks, new entrant Sesa Goa soared 22 per cent to Rs 187, while TCS rose 11 per cent to Rs 2,023.
The stock markets tanked in morning trade on Friday and sent the benchmark Sensex down to its lowest level in 13 months.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Markets end in the red, midcaps in focus
The Nifty added 87 points to end at 5,560.
