Overall market breadth was positive as 2,216 stocks advanced on the BSE, while 1,084 declined and 143 remained unchanged
Shivangi Sarda of Motilal Oswal Financial Services spoke to Money9 on the strategy traders must follow in the current volatile markets.
Overall market breadth was positive as 1,844 stocks advanced on the BSE, while 1,345 declined and 161 remained unchanged.
The overall market breadth was positive as 1,812 stocks on the BSE advanced, while 1,366 declined and 165 were unchanged.
"Investors should stay cautious at present levels as midcap and smallcap indices have rallied more than 150% since the lows of March 2020."
Sensex rallied 363.79 points or 0.69% to end at 52,950.63, while the broader NSE Nifty surged 122.10 points or 0.77% to 15,885.15
It is a truncated week of trade as markets were shut on Wednesday on account of a Eid al-Adha
"Even if we see a correction till 15,000, I'd call it a welcome correction as one can use the dip to buy"
Market breadth remained strong throughout the day as 1,335 shares on the BSE advanced, while 655 declined and 322 remained unchanged
The 30-share BSE index surged over 800 points from the day's low to end at 52,574.46, up 230.01 or 0.44%