Vaibhav Agrawal, Chief Investment Officer, Teji Mandi, shares investment insights.
At close, Sensex was down 340 points or 0.69% at 49,161, and the Nifty50 sank 91 points or 0.61% to 14,850.
Sensex, declined 412.83 points or 0.83% to 49,090.36. The Nifty 50 index fell 106.35 points or 0.71% at 14,836.10.
In the broader market, the S&P BSE Mid-Cap index was up 0.39% while the S&P BSE Small-Cap index rose 0.78%.
25 out of 30 Sensex stocks are trading in the red. Kotak Mahindra Bank lost the most was down about 2%, HDFC slipped 1.75%, Bajaj Auto, ICICI Bank and
The market capitalisation of BSE-listed companies zoomed Rs 6,44,760.45 crore to Rs 2,13,28,658.05 crore in four trading days starting May 5
Benchmark equity indices extended gains for the fourth straight session as healthy buying observed in blue-chip stocks like Sun Pharma, Dr Reddy's Lab
In the previous session, Sensex climbed 256.71 points or 0.52 per cent to finish at 49,206.47, and Nifty rose 98.35 points or 0.67 per cent to 14,823.
28 of 30 Sensex stocks were trading in the green. Dr Reddy's was the top gainers on the Sensex soaring 2.83%, ONGC, Kotak Mahindra Bank, Titan and L&T
The metal and pharma sectors are likely to continue their bull run whereas in the short term, BFSI, FMCG and auto sectors are likely to see some short