Earning woes drag markets lower; TCS, HUL lead fall.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
The sentiment around Indian equities remains positive and unchanged.
The index gained 572 points, or 2.4 per cent, this week while the Nifty added 164 points, or 2.3 per cent
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
Auto firms are likely to perform better in coming months.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
Analysts say there is still no visibility of earnings improvement.
Most Asian markets were trading weak on Monday.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
The year 2014 has been one of the best for investors in the equity markets.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
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.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
The Sensex ended in red on domestic concerns.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
If you want to invest in mutual funds, but don't want your investment to dip below market returns, then you must know the difference between 'active' and 'passive' investing.
Financials are the top gainers along with index heavyweights.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
HCL Technologies and Infosys should benefit more than TCS and Wipro
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
The broader markets also ended lower in line with the benchmark indices
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Since the cash flows will be impacted in a big way, DLF will have to resort to selling non-core assets in a substantial and significant manner through the next few quarters.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
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