Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Markets snapped their 8-day winning streak.
Sensex sinks into red at close on growth concerns.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
'Making the railways better is a different type of a challenge.'
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
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
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Market breadth is positive with 942 advances and 196 declines.
At the close, the 50-share NSE Nifty was at 8,611.15, up 19.90 points, or 0.23 per cent, after moving between 8,637.15 and 8,555.20.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Bank of Baroda ended flat after sharp gains in the previous session.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Expect premiums to go up or introduction of a co-pay option for third-party damage
Positive cues from Asian peers also uplifted the sentiment.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The breadth was neutral with 1,329 advances and 1,320 declines.
Between Friday's and Monday's close: Yields on 10-year bonds up 6 basis points, rupee slides 13 paise against dollar, Sensex ends flat
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.
Gains in financial shares capped further downslide.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
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.
Investors booked profits at higher levels despite the growth oriented Budget.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.