Investors must be prepared to believe that things will get better eventually, no matter how bad the current situation may look. If you don't possess this optimism, you will not possess the courage to invest and if you don't invest, you don't give yourself any chance to get wealthy, says Devangshu Datta.
It could be a tough week In the run-up to such an event, the market is always nervous.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
FIIs have offloaded stocks worth Rs 13,110 crore
The 50-stock NSE barometer Nifty finished 22.50 points, or 0.21 per cent, down at 10,526.20
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Markets end in red; bluechips struggle to keep pace.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
The trend in corporate earnings suggests that index earnings could fall to the levels last seen in early 2014.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
The Nifty had hit its third successive record high of 7,922.70 today.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
Sensex sinks into red at close on growth concerns.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
Markets under pressure; IT financials grab spotlight.
Overall market benchmark Sensex is headed for its worst performance in four years with a decline of 1,650 points
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Large-cap scrips are still trading at a discount to mid-caps.
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
'The market movement will be largely driven by earnings growth.'
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
