Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The Sensex witnessed a great bull run on Monday.
The Sensex opened with a positive gap of 41 points at 7,701, and moved up to a high of 7,732 in early morning deals.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
The BSE benchmark Sensex rose 192 points to end at 39,250 on Sunday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2076.
rediffGURU Ulhas Joshi answers readers' mutual fund queries
'Investors should keep them on their radar and invest over a longer time frame, and expect some of these companies to bite the dust.'
This is the highest closing for both the indices since May 15.
The NSE benchmark index touched a high of 4,825 and ended flat at 4,805. The market breadth turned negative towards the end of the day and could not change direction. Out of 2,882 shares traded, 1,285 advanced while 1,527 declined.
HDFC Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by Kotak Bank, Bajaj Finserv, Maruti, Titan, SBI, HUL, HDFC and Tata Steel. On the other hand, Bharti Airtel, M&M, NTPC, Tech Mahindra, Sun Pharma and PowerGrid were among the gainers.
The 50-share Nifty bounced 83.35 points, or 0.86 per cent, to 9,794.15 at close.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
The Sensex closed flat at 11,149.17 up 4 points. The Nifty gained 6 points to close at 3260.
The Sensex finally finished on a flat note at 10,752, up 8 points.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The markets have opened on negative note, as global cues were down.
The markets opened flat and slipped in the negative terrain taking cues from weak Asian peers.
The markets opened on negative note as traders booking profits at higher levels
On the Sensex chart, Bajaj Finance, Bajaj Finserv, HCL Tech, Tech Mahindra, Infosys, HDFC Bank and ICICI Bank were among the prominent gainers.
Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
All BSE sectoral indices ended in the red, with oil and gas, bankex, capital goods and finance falling up to 3.04 per cent.
The markets opened in deep green in line with its Asian peers on the back of selling pressure witnessed across the board
The Sensex closed down 85.82 points or 0.63% at 13566.33, and the Nifty down 22.00 points or 0.56% at 3911.4.
The markets opened today on weak note in line with its Asian peers
The markets opened in the green on the back of buying interest seen in technology, banks, auto stocks.
The 30-share BSE Sensex opened 13 points higher at 13,398.
The markets opened in the red on the back of profit booking and unwinding of the open positions by the institutional buyers and foreign funds.
The Sensex closed up 116.57 points or 0.86% at 13,731.09, and the Nifty up 40.10 points or 1.03% at 3,928.75.
Yet another weak start for the market, which opened in red, continuing the ongoing carnage in the Dalal Street but became volatile
The markets continue to consolidate at the higher levels and ended the day on a flat note with selective buying seen in index pivotals.
The markets have opened strong in morning session as FMCG, telecom, oil, banking, power, metal and some technology stocks
The markets have opened strong today and Sensex crossed 14000 level
