JADED BEARS! – Issue #040

Published on 10/10/2021

Domestic indices traded higher with optimism underpinned by dovish RBI policy and mixed global cues due to US jobs data awaited later in the day. On the sectoral front, the IT sector was in focus ahead of the result releases of sectoral majors while realty and FMCG succumbed to profit booking. Interest to allocate in Indian equities continue, net sales is broadly positive in all categories of funds essentially in Multi-cap and Flexi-cap Funds. The Nifty50 ended at record closing high of 17,895.20with gains of 104.90 points while the BSE Sensex jumped 381 points to 60,059.06.

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