
Positive domestic macroeconomic data, strong global cues, robust Q1FY22 earnings and IPO refunds drove sentiments

Sensex surged 593 points or 1.08% to settled at a record peak of 55,437. Nifty 50 jumped 164 points or 1.01% to end at 16,529.
In Money9's exclusive show Get Rich, Sakshi Batra and Rahul Oberoi discuss this stock that has given over 200% return in the last 3 months.

The latest data available showed that the money manager held more than four crore shares of the recently listed firm Zomato
There is euphoria in the markets, the way Nifty has cleared 16,400 is great, but in hindsight for traders this phase has been difficult

M&M, HDFC, ICICI Bank, L&T and ITC were the top gainers. While PowerGrid, Tata Steel, Tech Mahindra, Sun Pharma and Dr Reddy's were the laggards.
The 30-share index rallied 318.05 points or 0.58% to end at all-time peak of 54,843.98

The market breadth was positive as 2,359 shares advanced on the BSE, while 844 declined and 123 remained unchanged
Avoid the buzzing and momentum stocks where valuations are stretched and where there is no earnings clarity

The company will be one of the key beneficiaries of the changing ethanol policy