The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
The rupee on Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
These are companies with a strong track record and good prospects on earnings.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
Mixed global cues and decline in crude oil prices further dent the sentiments.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The management, however, is a bit wary about near-term performance.
There are a few factors that can spoil the party
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Gains were led by index heavyweights with Reliance Industries contributing the most.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
The rally in most of these stocks is partly attributed to impressive financial performance.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Investors should now be looking at trimming their portfolio and making prudent investment decisions
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Protectionism and a rollback of regulation. Defusion of tensions with Russia and a lowering of geo-political risks. Looser fiscal policy and tighter monetary policy. At least Donald Trump can't be faulted for not trying something different where existing policies have disappointed, says T T Ram Mohan.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
They believe that long-term story is intact.
Asian shares ended higher after a string of positive US economic data.
'We are in the middle of an unprecedented SIP revolution.' 'Monthly inflow through SIPs will be Rs 15,000 crore to Rs 20,000 crore soon.' 'Traditional avenues of Indian savings like bank fixed deposits, gold or real estate are no longer attractive to invest.'
Slow pace of reforms in India is disappointing: Faber
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Sensex is under pressure due to concerns in the global market.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
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Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
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