BSE Midcap index and BSE Smallcap index outperformed benchmark Sensex.
No matter where the market heads for, stock-specific ideas should still make money.
Financials and telecom major Bharti Airtel contributed the most to Sensex’s gains.
Corporate report cards have largely managed to beat Dalal Street’s expectations on the profitability front.
Factory output shrank to the lowest level in 8 years as all 3 broad-based sectors contracted.
FIIs have lapped up Indian shares to the tune of $627 million so far in November.
The top eight contributors to Sensex’s gains were financial stocks.
A decisive/sustainable move below 11,825 level may open it up a sharp weakness next week.
For the week, Sensex gained 0.4 per cent, while Nifty gained 0.14 per cent.
Last month, Infosys had informed that Sebi requested additional information from the company concerning the anonymous complaints.
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