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Stock market: Sensex tanks over 250 pts, Nifty50 tests 10,400

Money-making ideas that can deliver solid returns in 3 weeks

Domestic benchmark indices opened on a negative note Monday weighed down by a 4 per cent drop in Infosys following the IT major’s less-than-expected FY19 revenue guidance.

Weakness in Asian markets on air strikes in Syria by US-led alliance too hurt the domestic sentiment.

Third time lucky! The bulls on Dalal Street came out with flying colours for the third week in a row, with both the headline indices shutting shop with handsome gains.

The S&P BSE Sensex added 565 points, or 1.68 per cent, for the week gone by to settle at 34,192, while the broader Nifty50 soared 149 points, or 1.44 per cent, to 10,480.

Sanjeev Zarbade, Vice-president for PCG Research at Kotak Securities, says: “The S&P BSE Sensex is seen closing firmly in the green with gains in excess of 1.5 per cent over the previous week to close above the 34,100 level. The rally was driven by easing concerns over the possibility of US-China trade war.”

While geopolitical tensions in Syria pushed up crude prices, domestic bond yields witnessed a sharp reversal. FPIs sold equities worth $172 million while DIIs bought stocks worth $469 million over the past five sessions.

Projection of a normal monsoon in CY2018, a pickup in the investment cycle, industrial capex and improving demand added to the positive news. However, election-related uncertainty, rising crude prices, tepid GST revenues and talks of global trade disruptions are key challenges, Zarbade said.

“In this backdrop, we expect FY2019 to be a volatile year for the Indian market. The investment themes we like include stocks dependent on rural demand, travel and leisure and consumer plays,” he said.

Based on various brokerage recommendations, here are 12 stock strategies that can potentially deliver gains over the next three weeks.

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Stock market: Sensex tanks over 250 pts, Nifty50 tests 10,400
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Opinion Poll
With assembly election ahead With assembly election ahead, well known Digital Media platform clipper28.com has decided to gauge the mood of Chhattisgarh through its own opinion poll. As an aware voter and stakeholder of the democratic process, kindly do answer the following questions so that prevailing mood of state can be ascertained.
Name
Age
Assembly Segment
Phone Number
Which party will emerge as the single largest party?
Which party will have more seats?
Whom would you like to see as next Chhattisgarh Chief Minister?
Have you witnessed development work in your area?
Do you think that farmers of Chhattisgarh are satisfied with BJP government?
Do you think youngsters are happy with employment scenario created by Chhattisgarh/state government?
Do you think state government has done enough on issue of women empowerment?
Are you satisfied with work done by your legislator? Have electoral promises been fulfilled or not?
Are you satisfied with the amenities provided by the government in your area?
Do you think the state government has successfully tackled naxal menace?
Are you satisfied with work done by different state Ministers?

Please do vote...

ओपिनियन पोल
छत्तीसगढ़ की आगामी विधानसभा चुनाव के लिए डिजिटल मीडिया ‘clipper28.com’ नेसटीक ओपिनियन पोल करनेका निश्चय किया है. अतः आप नीचे दिए सवालों के निष्पक्ष जवाब देंताकि राज्य की आने वाले दिनों की सही सियासी तस्वीर सामनेआ सके. कृपया अपना मत जरूर दें- With assembly election ahead
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विधानसभा चुनाव में सबसे बड़ी पार्टी कौन सी होगी ?
किस पार्टी को ज्यादा सीटें मिलेगी?
अगले मुख्यमंत्री के रूप में किसे देखना चाहेंगे?
क्या आपके क्षेत्र में विकास दिखाई पड़ रहा है?
क्या छत्तीसगढ़ का किसान भाजपा शासन से संतुष्ट है?
जो रोजगार छत्तीसगढ़ सरकार ने दिया, क्या उससे युवा वर्ग संतुष्ट है?
राज्य सरकार ने महिलाओं के सशक्तिकरण के लिए जो किया, उससे महिलाएं संतुष्ट हैं?
क्या आप अपने विधायक से संतुष्ट हैं? उन्होंने अपने वादे पूरे किए या अधूरे हैं उनके काम?
क्या आप अपने क्षेत्र की सरकारी सुविधाओं सेसंतुष्ट हैं?
क्या नक्सली समस्या पर नियंत्रण हुआ है?
क्या प्रदेश के मंत्रियों के कामकाज से संतुष्ट हैं?
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