Oil & gas, banking and pharma sector stocks stole the show
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
I would advise at least a 7 year investment time frame for Equity Investing
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
ITC, Sun Pharma, HDFC and Coal India were among the top gainers.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Balanced funds may be a good option for first-time investors.
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
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
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
The NSE Nifty, comprising 50 shares, breached the 8,300-mark for the first time to hit a new lifetime high of 8,330.75.
The derivatives expiry on Thursday is also expected to add to the volatility.
TCS, Power Grid and Infosys are among the top S&P BSE Sensex gainers
Stocks reeled under huge losses on Thursday as the benchmark Sensex plunged sharply by over 465 points, the biggest single-day fall in three months, after India carried out "surgical strikes" on Wednesday night on terror launch pads across the Line of Control.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
HDFC and Infosys contribute the most to today's rally.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Indian economy was growing faster than the global average and all other major economies: FM
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
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.
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Banking as we know it will stand on its head in the next 10 years.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Sensex rises, snapping two-session losing streak; banks, auto gain.
Markets closed in the red on domestic worries.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The 50-issue Nifty fell 29.60 points or 0.34 per cent to close at 8,642.55
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
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