Overall, the 30-share Sensex settled 215.76 points down at 40,359.
The market veteran asks investors not to sell as long as a company continues to grow and add value.
The broader structure continues to remain positive and the uptrend is intact.
The market is selling on news and buying on rumours, says Dipan Mehta of Elixir Equities.
Before closing 59 points, higher at 11,999, the index hit an intraday high of 12,038.
Base net worth of portfolio managers has also been raised to Rs 5 crore from Rs 2 crore.
These stocks come from unusual sectors such as insurance, asset management, paints, etc.
These companies are from across sectors such as paints, financials, cement, defence & pharma.
Net profit of the company grew over 40 per cent annually (CAGR) during these five years.
The earlier you start, the easier it is, Sunil Singhania, Founder, Abakkus Asset Manager.
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