Market experts are advising selective stock picking while focusing on fundamentally strong companies as expensive valuations increase risk of corrections.
In the ranking of top-10 firms, Reliance Industries was leading the chart followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Bajaj Finance, Bharti Airtel and Kotak Mahindra Bank
Speaking exclusively with Business Today TV's Udayan Mukherjee, the billionaire market maven said Tata Motors' foray into the electric vehicles segment will boost the stock going ahead
Rakesh Jhunjhunwala said he feels that markets will keep growing — despite the corrections and the scepticism — as a result of rapid economic development.
An amount of Rs 1 lakh invested in the stock on June 24 this year would have turned into Rs 15.98 lakh today
Sensex ended 163 points higher at 60,048 and Nifty closed at its record peak of 17,853, climbing 30 points against the previous close
Indian equity markets were on track for their fifth straight weekly gain, amid diminishing fears of a possible third COVID-19 wave due to a fast-paced vaccination campaign
Latest 10,000-points rally came in just 166 trading sessions; previous such rally took 451 sessions
With a market capitalisation of more than Rs 76,000 crore, the shares stand higher than 5 day, 10 day, 20 day, 50 day, 100 day, and 200-day moving averages.
Investor wealth has surged by a record Rs 161.27 lakh crore or 158.32% since historic lows of March 2020
At 09:16 hours, the 30-share BSE index was trading 360 points or 0.60 per cent higher at 60,245, and the broader NSE Nifty was up 79.5 points or 0.45 per cent to 17,902.50.
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