'People always short-change the resilience of the economy.'
Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Options data indicates that markets will experience extreme volatility till a clear trend on election results emerges
Brokers have asked for a longer session on poll result day and an additional one on May 17
It was a case of 'buy on hopes and sell on news' as the Indian market posted only modest gains despite a landslide victory to Narendra Modi-led Bharatiya Janata Party (BJP).
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The bias for the Sensex is likely to remain bearish as long as the index sustains below 18,900-odd levels. On the downside, the index could slide to 17,300-odd levels
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
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
Analysts say traders have been building long positions on expectations the BJP would sail through in the five Assembly elections
Analysts attribute this volatility to selling by FPIs and FIIs.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
The Sensex ended in red on domestic concerns.
If you ignore market upheavals and stay the course, you end up making money, says Larissa Fernand
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The derivatives expiry on Thursday is also expected to add to the volatility.
Pharma major Lupin and mortgage lender HDFC were the top losers.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Diversification and asset allocation can reduce uncertainty
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