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The author is a Trainee Journalist at BW Businessworld based in Mumbai. He tracks the Markets and related news.
The Sensex and Nifty logged major gains post the opening session on Thursday, backed by strong buying in banking, metal and realty counters. The markets also took support from U.S markets post the Federal Reserve signaled reducing their monthly bond purchases.
Read MoreThe markets made a sharp recovery in the afternoon trade on Tuesday backed by gains in IT, Metal, and Financial stocks. Shares of ITC and Bajaj Finance were the top gainers of Sensex in the intraday session as they gained between 3-5 per cent each.
Read MoreThe Sensex jumped over 200 points in the opening trade on Monday, negating cues from US and other global markets as they danced to the tunes of China's Evergrande crisis and cautiousness ahead of decision meet. The IT and FMCG stocks were trading positive amid volatility across the board.
Read MoreThe sector saw good momentum on Monday, September 20 with hopes of reopening of economy and ease in curbs on travel and tourism across the country. Furthermore, the government's recent decision to allow airlines to operate at 85 per cent of pre-Covid levels from 72.5 per cent earlier also boosted the investor sentiment, as per market experts.
Read MoreNegative cues from foreign markets and profit booking from higher levels dragged the markets on September 20. The Metal and PSU Bank stocks were the worst hit, while the FMCG sector outperformed amid volatility across the board.
Read MoreDeclines in Metal and PSU Bank stocks coupled with negative contribution from Reliance Industries dragged the markets lower on Friday, September 17. However, the overall weekly outlook of the indices has been positive as both Sensex and Nifty gained more than a per cent each.
Read MoreThe BSE Sensex and Nifty opened at fresh record highs on Friday, September 17 led by gains in banking stocks and supported by strong domestic cues and sustained FII flows from last few trading sessions. Experts feel the bulls won't leave the grip until Sensex reaches 60,000 and Nifty at 18,000.
Read MoreNew investors getting engaged in the Indian equity markets should look at the markets with a perspective of a long marathon and not a regular sprint and pick quality companies with good business models and ignore the losers, especially in the Small and Midcap space, shares Ankit Agarwal, Equity Fund Manager, UTI AMC.
Read MoreThe Sensex and Nifty on Wednesday, September 15 closed at fresh record highs mainly led by advances in technology, energy, and PSU bank stocks. Moving ahead, experts feel that the Nifty-50 index can march upto 17,625 levels as the index has managed to close above 17,500 today.
Read MoreThe Sensex and Nifty ended with minor gains on Tuesday, September 14 after a strong opening. However, the broader markets continued to outperform and both BSE Midcap and Smallcap indices made fresh record highs today. Shares of Zee Entertainment were the top newsmakers of the day ahead of the company's AGM later today.
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