
The valuations on an absolute, as well as a relative basis, are high and investors should consider booking profits at such high valuations

Tracking Asian peers, slipped 454 points or 0.86% to 52,685, while the Nifty 50 was at 15,775 plummeting 132 points or 0.83%.

There is a lot of excitement in India's startup ecosystem, which now has easy access to funding & digitisation is aiding formalisation of the economy

IPOs continue to shine and when paired with a bull market, the interest is amplified as promoters and PE investors benefit from attractive valuations

IT stocks were the biggest drag on profit booking while pharma stocks saw fresh buying

The government has invited bids from merchant bankers and legal advisors for advice to jumpstart the process of the mega IPO listing.

In opening trades Sensex hit a new peak of 53,290, likewise Nifty 50 touched a record high of 15,962
Sensex, or sensitive index, is the oldest market index for equities. It has shares from top 30 companies listed in the BSE

Buyers outpaced sellers. On the BSE, 1665 shares rose and 1569 shares fell on the BSE. A total of 132 shares were unchanged.
Investors can create positions in quality stocks on the back of positive earnings