For HCL Technologies, Keep a stop at 512 and go long. Add to the position between 528-530. Book profits at 532
After dropping 6% a day earlier, the markets attempted to rebound with the Sensex gaining as much as 550 points intra-day amid gains in the global markets
Derivatives turnover dips after Sebi curbs; average daily turnover value in equity cash segment of NSE stood at Rs 50,300 cr
Meanwhile, 88 stocks ended at their lowest close in at least one year on Monday
Analysts say alcohol sales could be an early beneficiary of overall recovery
The stock market may have turned around, but schemes didn't do remarkably well
As regards the United States (US), Wood expects a gradual opening up in May
Bourses cap April with 14.7% gains, best since '09
Stocks opened gap-up after a sharp rally on the Wall Street overnight, and managed to hold on to most gains despite banking stocks, the index heavyweights, underperforming
The Sensex ended 536 points or 1.7% lower at 31,327, while the Nifty dropped 1.7% or 160 points to close at 9,154 on Friday
Pharma firms can build brands and enjoy higher margins here
The Sensex surged 483.53 points or 1.54% to close at 31,863.08, a six-week high. The Nifty advanced 126.60 points, or 1.38%, to settle at 9,313.90
Facebook announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 10 per cent stake in Jio Platforms
Economic uncertainty will keep stock prices volatile
Experts say taking large cash calls can also put equity schemes at risk of underperformance, if markets bounce back instead of seeing further deep corrections
Longer-term investors with a three-five-year horizon have an opportunity to pick quality stocks, which in calmer times tend to trade at exorbitant valuations
Equity gained the highest net inflow of $5.34 billion, while bond and money market funds posted net inflow of $2.55 billion and $4.11 billion, respectively
The Sensex declined 1 per cent to end at 30,379.81 after rising as much as 2.9%, while the Nifty dropped 0.8% to close at 8,925, after rising to 9,261
According to the data sourced from PMS AIF World, several PMS offerings in the multi-cap space have fallen more than their respective benchmarks
The issue surfaced after the shareholding pattern disclosed by HDFC showed the People's Bank of China had hiked its stake in the mortgage lender during the March quarter