The increase, however, will come at the cost of other markets
Fund managers said they had six per cent overweight allocation to commodities
The index had soared to a fresh three-month high of 35,994 as early trends showed the BJP was set for a clear majority in the 224-member Karnataka Assembly
Nifty outlook and technical calls by Nandish Shah, Technical & Derivatives Analyst, HDFC Securities
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.
Lupin plans to overcome some of this with new product launches; in US it has launched 11 new products in the March quarter
Even as the Karnataka election outcome showed no clear victory for either the BJP or the Congress, market participants blamed the RBI's inaction for the losses
However, FPIs' contribution to the equity market capitalisation remained unchanged from the previous quarter at 19 per cent.
The markets pared gains to turn flat on reports of Congress-JD(S) alliance in Karnataka
The stock rallied 10% to Rs 1,080 on the NSE in late noon deal
Most of the fund houses are yet to officially confirm these departures
Reliance Capital, Reliance Naval, Unitech, Vakrangee, Laurus Labs, Glenmark Pharma, Capital First and Allahabad Bank were among 29 stocks from the BSE500 index hit their respective 52-week lows.
A BJP victory in Karnataka opens the door for early general election; markets not factoring that in yet
The stock surged 16% to Rs 931, also its 52-week high on the BSE in intra-day trade after the company reported a better than expected 27% YoY growth in net profit at Rs 402 million in Q4FY18.
Hindustan Unilever, IndusInd Bank, Kotak Mahindra Bank, JSW Steel, Magma Fincorp, Nestle India and Pidilite Industries hit their respective new highs on the BSE
The stock hit a new high of Rs 9,610, up 7% on the BSE, outperformed the market by surging 37% in past three months, against 4% rise in the Sensex.
The stock hit a new high of Rs 1,543, up 2.5% on the BSE in early morning trade
Thus far in the calendar year 2018, JSPL had outperformed the market by surging 28% as compared to 3.7% rise in the Sensex till Wednesday.
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher.
Nifty, Bank Nifty, NTPC, Power Finance and Tata Motors