Nifty breaches 9,700 ahead of RBI policy meet
In four days, the index has gained 857.76 points
Sensex firms' earnings grow 22% in current rally, twice as fast as those of firms in mid-cap index
ITC jumped 6.1% to a record, Monday's steepest gain among Sensex stocks
The markets fell back on better than expected quarterly earnings, which came as a feel-good factor
Even global pointers remained subdued as the tax plan unveiled by Trump did not move investors
However, valuations of markets look expensive compared to their long-term historical averages
Here is a compilation of what leading experts and market veterans think about recent rally
The total market valuation of BSE-listed companies touched a record high of Rs 124.42 lakh crore.
The BSE Mid-Cap index provisionally rose 0.66%, while the Small-Cap index gained 1.14%
The gauge had bounced 213 points in the previous session
When 2007 was giving way to 2008, the Sensex was sitting pretty over the 20,000 milestone
The benchmark Sensex-one of the lead indicators for investor sentiment and economic conditions-revisited the 30,000-mark for the first time after March 5, 2015. The index on Wednesday recorded an intra-day high of 30,007.5, however, failed to sustain above the psychologically-important level as investors adopted cautious strategy ahead of the Reserve Bank of India's(RBI) rate-setting meeting tomorrow.The Sensex gained 64 points or 0.2 per cent during the session to end at 29,974.2, while the Nifty closed at 9,265, 27.3 points or 0.3 per cent higher. Both the indices have closed at new life-time highs. The broader markets outperformed benchmarks with Small-cap index climbing 1.1 per cent and the Mid-cap index going up 0.46 per cent. Experts say investor sentiment continue to remain positive supported by improved global economic outlook and positive policy changes like the passage of goods and services tax (GST) bill back home."The current rally in the equity markets is in line with ...
Maruti Suzuki, Reliance Industries, Adani Ports, Bharti Airtel among top Sensex gainers
The rupee hit a nearly one-and-a-half-year high to close at 65.04 against the dollar
Indian markets on Wednesday posted their biggest fall of 2017 amid weak global cues and continued selling in the banking stocks. Falling for a third straight session, the benchmark Sensex ended at 29,167, down 317.8 points, or 1.1 per cent-most since December 2, 2016. The Nifty 50 index closed at 9,030.45, down 91 points or one per cent. Experts said the markets had out overheated and Wednesday's drop should be seen as healthy consolidation. Last week, the benchmark indices had rallied nearly three per cent with the Nifty touching record highs buoyed by Narendra Modi-led BJP's strong showing in the state election. "In the last few weeks there was a huge euphoria in the markets about elections in the five states. Now it has started to settle down. The focus will now shift towards corporate earnings. The fourth quarter numbers could be less than estimated in case of blue-chip companies. However, there could be some bright spots in the mid-cap and small-cap segments," said Sunil Shah, ..
Investors looked forward to Yellen's speech to check for any confirmation on March rate increase
Investors remained uncertain about the long-term impact of the demonetisation
Market breadth turned negative with 1,547 losers and 1,055 gainers on the BSE
Sun Pharma stock was the top gainer on both the headline indices and added over 4 per cent on the BSE