Bank shares were the top losers after sharp gains last week.
'Flooding forces the animals to disperse out of the park that, in turn, attracts the attention of poachers.'
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
The dollar is king in an intermediate correction, says Sonali Ranade
'A positive oil shock has a detrimental effect on growth and activity.'
From February to mid-March, oil prices receded rapidly.
'Temperature and wind can be predicted more easily than rainfall.' 'Rainfall, as common experience suggests, is very spotty.' 'The last bit of physics required that tells us whether it is going to rain or not is very hard.' Professor Roddam Narasimha, the eminent scientist, explains the monsoon, climate change and global warming, in a fascinating conversation with Shivanand Kanavi.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes
Don't catch falling knives or chase bear rallies no matter how enticing those eight pc green blips look. They may be mouse traps, warns Sonali Ranade
Waiting for capitulation in commodity markets is the better route to profits, says Sonali Ranade.
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