Stock Market Sectors: Stock market update: Power stocks down as market rises
The 30-share BSE Sensex was up 13.29 points at 65983.33
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The 30-share BSE Sensex was up 13.29 points at 65983.33
The 30-share BSE Sensex was up 3.57 points at 66021.38
The 30-share BSE Sensex was up 65.62 points at 65996.39
Nifty is trading at a 17.2% discount to the 10-year average which provides comfort to Prabhudas who believes that the headline index is not trading in a bubble zone. The 50-stock index has remained flattish in the past 6 weeks and given just 1.6% return in the quarter gone by, riding on inflows of the domestic institutional investors (DIIs) even as the foreign institutional investors (FIIs) preferred selling the domestic equities, the note said.
The 30-share BSE Sensex closed down 187.75 points at 65794.73