M-cap of 11 banks and financial firms on the Nifty50 is up 24 per cent since September, boosting NAVs of large diversified equity schemes
But about half the Nifty50 stocks still trading below January levels
The stock was up 5% at Rs 777.80, trading at its highest level since March 13, 2020.
Experts say the markets could see some turbulence if President Donald Trump refuses to concede defeat
Reliance Industries Ltd's, the most valued firm, valuation tanked by Rs 39,355.06 crore to Rs 13,89,159.20 crore
After gyrating 746 points during the day, the Sensex ended 135.78 points, or 0.34 per cent lower at 39,614.07.
While the S&P BSE Sensex Index is near the most expensive on record, its premium over the MSCI EM Index is only around 45 per cent
It was the biggest single-day fall for the benchmark indices since September 24 and fifth-biggest decline in this financial year.
All that happened in the markets today
While the September quarter could be another washout, there are some positive triggers which could lead to demand improvement
The S&P BSE Sensex is just 4 per cent away from its all-time high level of 42,273.87, touched on January 20, 2020.
Optimism around economic revival, stimulus propel markets
There was, however, a mixed trend overseas after US President Donald Trump dashed hopes of a pre-election stimulus package
While a low fee is alluring, ensure you can trust the broker with your money and securities
With Hexaware's delisting going through successfully, all eyes are on Anil Agarwal-led Vedanta
According to reports, the Narendra Modi government is just weeks away from announcing another round of stimulus measures ahead of the festive season.
FIIs pull out Rs 8,000 crore in 4 sessions
US economic recovery is slowing as the coronavirus outbreak lingers, while a renewed wave of Covid-19 cases in Europe have led to reimposed travel restrictions in several countries
Rising Covid cases, ICIJ report rattle investors; Dow slips about 3 per cent
Sensex, Nifty shed over 1.5% in intra-day trade