The Indian markets may react positively to the global market cues

M&M and Bajaj Auto were seen soaring higher by 3.13 per cent and 1.65 per cent respectively. The shares of Eicher Motors zoomed higher by more than 6 per cent while Tube Investments India Ltd shares gained by more than 3 per cent on Muhurat Trading. Escorts closed higher by more than 2 per cent.

There are few stocks however that have multiplied investors wealth several time over.

BSE FMCG index is the worst performing index down by 5.42 per cent followed by BSE Healthcare index which is down by more than 4 per cent.

Few of the shares managed to gain more than 1000 per cent in 2021 alone with the shares of Flomic Global Logistics soaring by ~8938 per cent.

BSE Real Estate index has also been one of the top performing sectoral index along with BSE Metal index.

The equity benchmark indices showed a positive opening on Wednesday. They traded in a sideways trend but took a downturn as major global indices traded weak ahead of the Fed policy announcement. 

One 97 Communications primarily owns and operates India’s biggest digital payments platform known as Paytm.

Out of 42 years of study what we found that 22 times in the month of November, Sensex has generated negative returns, while 20 times it has generated positive returns.

Since 2018 Mahindra and Mahindra Financial is consistently making a series of lower highs and lower lows. Presently it is trading near its three-year down trendline. Is it likely to give a breakout? Let’s find out.