The recent infusion from foreign portfolio investors comes following a net outflow of more than Rs 38,900 crore in October, which was the steepest withdrawal in nearly two years.

A day before Diwali and on the last day of Samvat 2074, here's a look at the stock recommendations by Epic Research and Way2Wealth, which are likely to be the best picks for Samvat 2075.

The deal is estimated to be about Rs 2,500 crore and will be seen through by Amazon's investment arm.

HDFC (5.51%), IndusInd Bank (4.47%) and Infosys (4.02%) were the top Sensex gainers. Market breadth was positive with 1,612 stocks closing higher compared to 941 ending lower on the BSE.

The currency opened 23 paise lower at 73.90 per dollar compared to yesterday's close of 73.67 level to the dollar. But hit the 74 level within half hour of trade, down 0.44% from its previous close.

Reliance Industries fell 2.8 percent, while Housing Development Finance Corporation slipped 1.6 percent. Hindustan Petroleum Corp Ltd fell 4.77 percent, and was the top loser on the NSE index.

October futures and options (F&O) expiry added to the woes as investors offloaded their long bets instead of carrying them forward to the next series for November, brokers said.

Seeing the value of investments going down is not a pleasant sight and many investors stand confused wondering whether the carnage will stop or not.

The 30-share Sensex closed 287.15 points or 0.84 per cent lower at 33,847.23 after hitting a low of 33,742.75. This is the weakest closing since April 10 last, when it settled at 33,880.25. The index had lost 1,028 points in the previous three sessions.

Besides, crude price going past USD 80 a barrel also dampened sentiments. Among 30-share Sensex pack, IndusInd Bank was the worst hit with 8.52 per cent fall, while Reliance Industries slipped 3.56 per cent.