Gains in European stocks aided the upmove on the domestic bourses
Singapore Nifty closed 43.5 pts lower
Asian markets too ended positive as Brexit fears seem to settle down
Dabba trades are an informal and illegal way of trading outside the regulatory framework
The Nifty has since seen a recovery of 17% but the index is still down by over 10% from its all-time highs of March 2015
Nifty, Bank Nifty, ITC, PowerGrid & Cipla
Nifty, Bank Nifty, ACC, BPCL & Dr Reddy
Metal majors emerged among the top Sensex loser amid weak manufacturing data from China
ICICI Bank continues to be the top loser along with HDFC Bank while HDFC gained post Q4 earnings
Markets ended flat after early gains led by banks were offset by losses in IT majors
If you are an investor in blue-chip stocks, you might be better off investing in Coal India and Cipla, and selling your holdings in Tata Steel and BHEL, if you have any. According to consensus analysts' estimates, Coal India and Cipla offer highest upside among Nifty 50 companies at around 36 per cent and 25 per cent, respectively. Upside potential is the percentage difference between consensus 12-month price target and current market price. On the contrary, share prices of Tata Steel and BHEL are currently trading around 20 per cent above their 12-month price target. Nearly, half of the Nifty companies offer an upside of 10 per cent or more if analysts' price targets are to go by. While around 10 stocks are trading above their price targets, the remaining offer upside between one per cent and less than 10 per cent.Note: Current price as on April 13; price target is consensus 12-month price targetSource: Bloomberg
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains
Tata Motors was among the top Sensex gainers amid robust JLR sales
Gains in Bharti Airtel capped downside losses while Maruti Suzuki rebounded after correction last week
Gains in pharma and financial shares helped helped offset losses in information technology shares
HDFC was the top loser down nearly 3% along with other index heavyweights such as Infosys and ITC
Financials were among the top losers ahead of the RBI policy tomorrow while oil shares dipped on weak crude oil prices
It will comprise of 400 companies which are the constituents of Nifty Midcap 150 & Nifty Smallcap 250 indices.
Market players will remain cautious ahead of the extended weekend
IT majors and financials were the top gainers while pharma shares continued to remain weak