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On the incline

Sell when markets rally and buy on short dips

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Prime Minister Narendra Modi plays a musical instrument during an election rally for the second phase of State Assembly elections, in Ambikapur, in Chattishgarh. Pic/PTI

Prime Minister Narendra Modi plays a musical instrument during an election rally for the second phase of State Assembly elections, in Ambikapur, in Chattishgarh. Pic/PTI

Markets continued their upward trajectory for the third week in succession. BSESENSEX was up 298.61 points or 0.85 per cent to end at 35,457.16 points. NIFTY gained 97 points or 0.92 per cent to end at 10,682.20 points. The broader indices saw the BSE100, BSE200 and BSE500 gain 0.69 per cent, 0.61 per cent and 0.45 per cent respectively. BSEMIDCAP was up 0.36 per cent while BSESMALLCAP was down 1.27 per cent.

The top
The top sectoral gainer was BSECONDUR up 3.15 per cent followed by BSEBANKEX 1.45 per cent and BSEFMCG 1.15 per cent. The top sectoral loser was BSEHEALTHCARE down 2.34 per cent followed by BSEMETAL 2.30 per cent and BSEREALTY 1.96 per cent. In individual stocks, the top gainer was Bharti Tele up 11.78 per cent followed by Eicher Motor 9.85 per cent and Bharat Petroleum 8.68 per cent. The top loser was Yes Bank 16.04 per cent followed by Sun Pharma 12.80 per cent and India Bull Housing 11.10 per cent.

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