The prediction for 2018 is thus high volatility in prices, a shift to large-cap stocks by all investors seeking safety, and a Sensex range of 30,000-40,000, depending on news flows.
Volatility in global markets roils Dalal Street
Nifty could fall to 9,500 levels say market pundits
Sensex drops below 35,000 after 1,150-point steepest two-day sell-off since November 2016
Sensex / Nifty could at best rise 5% to 10% in the whole of 2018
While the frontline indices have done well, the broader market saw losses in January
India among few countries, which does not tax long-term gains on equities and the stock gains also get a preferential treatment
So far this financial year, FPIs pumped in over Rs 20 billion into domestic stocks, helping Sensex climb 3%
Sensex soars 198.94 pts to close at record 34,352.79; Nifty gains 64.75 pts to end at new peak of 10,623.60
For one, BSE celebrates almost every 1,000-point milestone for its benchmark index, the Sensex
Pharma stocks stood out following a string of USFDA clearances
The loss for the Sensex read 372.69 points over the previous two sessions
Sensex reached a new peak during the day, but lost its grip before settling at 33,731.19
Large caps outperformed broader market, gains driven by FPIs, which bought shares worth Rs 1,000 cr
The Nifty also came down from record, but managed to close above 10,300
Despite rally, over 60% of BSE 500 companies see their 12-month target price revised downwards
The benchmark BSE Sensex rose 0.7 per cent and the National Stock Exchange's Nifty 50 gained 0.9 per cent at the close in Mumbai
The biggest risks to those forecasts were persistent weakness in economic activity and lower-than-expected corporate earnings, according to analysts.
Sensex drops most since Nov; rupee recovers after falling to 6-month low
July IIP data and retail inflation for August are slated for release later in the day