Broader indices scale new record highs; Sensex, Nifty less than 5% shy of all-time highs
SANKARAN NAREN, executive director and chief investment officer at ICICI Prudential AMC, tells Puneet Wadhwa that though the outlook remains bullish, this upward move will be fraught with volatility
Broader sentiment also remained edgy with Asian shares inching higher, while oil prices fell for a second straight session on supply concerns
The benchmark BSE index ended 0.33% lower at 27,985.54
SBI gained 4.1 per cent, on course for its highest close since August 2015
The Sensex has rallied 23 per cent from a bear market reached in February
Barring HDFC Bank, Infosys and Sun Pharma, rest seven companies saw rise in their market valuation in the week ended Friday
About 1% gain in the index on Friday, helps erase weekly losses
Ends nearly 85 points higher; FMCG, oil and gas, power, infrastructure & IT sectors see buying
Nifty declines 103 points, while Sensex loses 310 points; face resistance at higher levels
Street skeptical over near-term impact of GST
The benchmark S&P BSE Sensex ended 0.1 per cent lower
With the Sensex again nearing 28,000 points, it would make sense to avoid high-risk stocks