A sharp market correction is likely to happen when the FIIs turn big sellers. But there are no signs of that yet.
IndusInd Bank, diving over 10%, was the top Sensex loser followed by Asian Paints, Sun Pharma, M&M, Reliance Industries and HDFC Bank
"Investors must scout for opportunities in midcaps and select large-caps amid the current market scenario"
Markets is having a split personality where the top fifty stocks are positive but the rest of the market is correcting
Tata Steel was the top gainer in the Sensex pack, rising more than 1%, followed by IndusInd Bank, ICICI Bank, Titan, SBI and HDFC Bank
Market breadth was positive as 1,503 shares advanced on the BSE, while 975 declined and 104 remained unchanged
"We were expecting markets correct one Nifty crosses 16,000 but the weakness across the globe is causing that earlier"
Our lives have changed completely thanks to the pandemic and Zomato has been right up there cashing in on the situation
IT stocks may remain resilient in spite of lofty valuations since there is good earnings visibility and improving prospects for growth
Market participants would closely track the 44th Annual General Meeting (AGM) of Reliance Industries (RIL) that scheduled to start at 2 p.m.