Avendus isn't alone in bracing for another selloff
Auto, consumer durables and chemicals could be the worst impacted if the situation worsens
The Sensex ended the session at 33,605, rising 376 points, or 1.1 per cent
The category has been one of the better performing asset classes since last year
These shares are worth a fourth of the fully-paid up shares of RIL that are traded on the bourses
Market players said the Nifty has run into technical resistance of 10,300, which happens to be its 100-day moving average
Given the economic shock caused by the Covid-19 pandemic, it is stunning how markets have managed to hit a trough in just 69 days
The Sensex Index advanced 0.9 per cent while and NSE Nifty 50 Index rose 1.1 per cent at the close in Mumbai.
Asian indices closed higher and European markets were up in midday trading, while Wall Street futures pointed to gains on the open in the US
Scaling up of new deals and lowering costs are imperative for the up to 33 per cent gains in share prices to sustain
Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market
Sensex gains 996 points as banking stocks rally
SGX's stock fell close to 12%, the most since 2003, amid concerns over revenue loss
The number of shares traded, or volume, in the stock market had fallen 28 per cent for the month of April
The benchmark index traded above the key psychological level for the first time since March 5
Unlike MFs, Category-I and II AIFs have a closed-ended structure and are not exposed to the risk of sudden redemptions
Despite the sharp recovery seen since March lows, 68 per cent of the fund managers surveyed believe that equities are in a bear market rally.
In comparison, the Nifty, Nifty MidCap 100 and BSE 500 gave returns of 14.7%, 15.4% and 14.6%
The Sensex advanced 0.7 per cent to 30,602.61 at the 3:30 pm close in Mumbai, after swinging between a loss of as much as 1.2% and a gain of as much as 1.4%
European stock markets opened stronger, with the pan-European STOXX 600 index rising 0.6 per cent to its highest since March 11