The stock markets tanked in morning trade on Friday and sent the benchmark Sensex down to its lowest level in 13 months.
Markets end in the red, midcaps in focus
The benchmark indices have rallied 28 per cent this year, while the broader market has outperformed
'It is almost four years since we've seen strong growth in earnings.' 'The markets have rallied about 20 per cent in the past year, which is ahead of earnings.' 'So, the stress now will be on earnings to catch up.'
The Nifty added 87 points to end at 5,560.
If 2011 is going to be a bearish year, traders could seek alternative investment and trading options.
Investors will remain cautious ahead of F&O expiry.
The biggest losers in the Sensex pack were M&M, ONGC, Vedanta, Tata Steel, L&T, HDFC, NTPC and Axis Bank, falling up to 3.04 per cent.
Sensex gains 2.4%, Nifty crosses 7,000; investors feel exit polls have vindicated their stand
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
'The outcome of next year's assembly elections, macroeconomic indicators/corporate earnings growth and global events could keep the markets choppy.'
Experts say the BSE Sensex could rise to around 32,000 in a year.
Over the past week, the Sensex and the Nifty continued the bull-run
Here are 10 global and domestic factors.
The Nifty ended with a loss of five points at 6,113.
The Sensex closed at 20,032, up 91 points, the Nifty closed up 30 points at 6018.
'Allocate 30% to 35% of your equity portfolio to mid-cap funds and 10% to 15% to small-cap funds.'
According to technical analysts, the Nifty could trade in the range between 7,400 and 7,700.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
There has been no reboot of the private investment cycle.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
The market breadth was weak. Out of 2990 stocks traded on the BSE, there were 1080 advancing stocks as against 1848 declines.
The year 2014 has been one of the best for investors in the equity markets.
The progress on US debt ceiling talks, domestic inflation numbers and second quarter earnings of companies are expected to keep investors busy in the truncated trading week ahead.
It could be a tough week In the run-up to such an event, the market is always nervous.
Oil and gas sectot may not put up good numbers in Q4.
'It is only fear and speculation, without much substance, that has led to the fall.'
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
The losses are likely to be fewer and the overall chances of making a gain will be higher.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
This was at a meeting of the Financial Stability and Development Council, chaired by him. Chidambaram, set to resign on Friday to make way for his successor, called upon the regulators and the ministry to be ready and take necessary action.
Interview with Shankar Sharma,VC & Joint MD, First Global.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
Indices reversed all its losses during late trades.
Shares of IT major TCS on Friday tumbled over 8 per cent after its September quarter numbers failed to meet market expectations.
The dollar's preliminary moves after the low 80.90 are supportive of a like dollar rally back to 85.50. We should see confirmation of that in the early part of next week, says Sonali Ranade
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
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