Markets are likely to remain volatile ahead of GDP data for the March quarter and the core sector data for April
The combination of a need to have a safer place outside the city-wide crowd, remote working being the new normal and low home loan rates are creating an ideal environment for Indians to invest in second homes
Dish TV's scrip stood out, rallying from Rs 9.27 to Rs 15.89. Lux Industries (up 71.17%), HFCL (up 63.13%) and Venkys (India) (up 51.52%) are the the other stocks that rallied over 50% this month
This week, both Nifty and Money9 Covid25 touched their record highs of 15,469 and 312.67, respectively
Reliance Industries soared 5.85% and was the top gainer on Sensex, followed by M&M (2.13%) while HDFC twins rose around 1.4% each and IndusInd Bank was up 1.2%
The value of retail holdings in companies listed on NSE increased to 6.9% as of March-end in 2021 from 6.5% during the same period last year
The rise in stock price shows that an investment of Rs 15,000 last year has now galloped to Rs 1,17,586
The reinsurance proportion of mortality (sum assured) in India remains high, transferring out most of the risk to reinsurers
ONGC, HDFC twins, Reliance Industries and L&T were the top gainers on the Sensex rallying up to 2%
Sensex advanced 97 points or 0.19% to settle at 51,115, while Nifty ended the day at 15,337, up 36 points or 0.24%