Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The rupee gained 28 paise on Thursday to close at 62.50.
The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange
A strengthening dollar overseas also kept the rupee under pressure amid demand from importers. Goldman Sachs followed JP Morgan, HSBC and Nomura in cutting India's economic growth forecast and also said it expects the rupee to touch 72 against the dollar in the next six months.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
Extending its losing streak for the fourth straight day, the rupee weakened by five paise to 61.01 against the US dollar in early trade today at the Interbank Foreign Exchange market on high demand for the American currency from importers.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
Gains were led by index heavyweights Reliance Industries and Infosys.
India VIX has been mirroring the CBOE Volatility Index.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
One of the reasons is the increasing number of upgrades in analysts' recommendations.
The bigger worry is that the miss for FY19 is likely to be significant even after assuming macro factors such as crude oil prices, rupee, input costs, and interest rates, do not worsen from the current levels, reports Vishal Chhabria.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Broader market outperformed the frontline indices and also hit their respective all-time highs
The rupee had lost 10 paise to close at 21-month low of 64.26 against the greenback in Tuesday's trade.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
The rupee on Thursday appreciated 20 paise to end at 62.37, its highest in two weeks, on positive trends in local equities and fresh dollar selling by exporters.
Direct investors should stagger their investments over 1-2 months.
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
Auto stocks are weighing on the indices.
Investors remain cautious ahead of F&O expiry.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
HDFC, ONGC, Maruti Suzuki, HeroMoto Corp and Bajaj Auto gained the most on BSE Sensex
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Banks and exporters preferred to reduce their dollar position in view of its weakness.
The dollar's weakness against rivals overseas supported the rupee.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
Demonetisation impact, earnings growth, central bank policies will get attention.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
The rupee weakened by 27 paise to trade at six-week low of 60.45 against the US dollar in early trade today at the Interbank Foreign Exchange market on high demand for the American currency from importers.
Swati Kulkarni, executive vice-president and fund manager - equities at UTI Mutual Fund tells Puneet Wadhwa that though mid-and small-cap companies are trading at a higher valuation as compared to large-cap peers, one can still find value in select pockets.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
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