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While DIIs are focusing on broader bourses, FPIs have begun to invest in large caps indicating revived interest after a four-month selling
Jay Thakkar, Vice-President & Head of Equity Research at Marwadi Shares and Finance, says trend in market remains quite positive in short-term
TCS, closing over 3% higher, was the top Sensex gainer, followed by L&T, Bharti Airtel, HCL Tech, Tata Steel, Bajaj Auto and RIL
Positive domestic macroeconomic data, strong global cues, robust Q1FY22 earnings and IPO refunds drove sentiments
Sensex surged 593 points or 1.08% to settled at a record peak of 55,437. Nifty 50 jumped 164 points or 1.01% to end at 16,529.
In Money9's exclusive show Get Rich, Sakshi Batra and Rahul Oberoi discuss this stock that has given over 200% return in the last 3 months.
The latest data available showed that the money manager held more than four crore shares of the recently listed firm Zomato
There is euphoria in the markets, the way Nifty has cleared 16,400 is great, but in hindsight for traders this phase has been difficult
M&M, HDFC, ICICI Bank, L&T and ITC were the top gainers. While PowerGrid, Tata Steel, Tech Mahindra, Sun Pharma and Dr Reddy's were the laggards.