In the last one year, the Sensex has fallen 2.17 per cent, while the BSE midcap index has risen 2.08 per cent. And, there is scope for value picking that can yield good returns.
In the Sensex pack, Bharti Airtel was the top performer, surging 4.61%. Other gainers included ICICI Bank, IndusInd Bank, L&T, Sun Pharma, RIL, HDFC duo, Tata Motors and M&M -- climbing up to 3.69%.
From the 30-share pack, 18 stocks ended with gains led by SBI, which surged 27.58 per cent, and ICICI Bank 14.69 per cent.
IndusInd Bank was the biggest gainer in the Sensex pack, rallying 5.23 per cent, followed by Hero MotoCorp, Coal India, Yes Bank, PowerGrid, ICICI Bank, HCL Tech, L&T, Kotak Bank and Bharti Airtel, rising up to 1.56 per cent.
Among the 30-share basket, 27 stocks led by Bajaj Auto and Bharti Airtel ended with losses.
'NRI interest has gone up in the past three-four years.'
Nearly 400 stocks hit their 52-week low on BSE on Thursday.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Short sellers may capitalise on the weak sentiment owing to the dispute between co-founders Rana Kapoor and Madhu Kapur.
The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.
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Yes Bank was the top gainer in the Sensex pack, surging 3.76 per cent, followed by SBI at 3.18 per cent.
While FMCG companies lose Rs 98,928 crore in m-cap, consumer durables stocks are down Rs 20,673 crore since November 8.
A tally around 150 in Gujarat can see the index hit 10,700 levels going ahead
It is the fundamentals of companies that will drive stock performance.
Jindal's house was raided by the CBI on Tuesday.
Raghuram Rajan's decision to go back to academics might spell short term negativity for the stock, currency and bond markets.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
The reason is believed to be a 19% increase in interest cost.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
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Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.
In the first six months of the year, the average number of deals a month stood at 1,264, against 1,484 in the six months ended December 2012
According to technical analysts, the Nifty could trade in the range between 7,400 and 7,700.
At its current stock price, RIL now has 8.4 per cent weight in the Sensex against Infosys' 8.8 per cent.
Metal shares were the top gainers with Hindalco up over 5%.
It's not as easy to know how the funds were deployed and gauge the impact.
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