BSE Sensex rises above the 65,000 points mark on Wednesday. BSE Sensex ended trading at 65,226.04 points. Global cues are negative for markets in the near-term. The sustained rise in the US bond yields, which has triggered continuous FII selling, is showing no signs of abating, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
This means FIIs will continue to sell and the bulls will be on the back foot, he said.
On the positive side, valuations in some segments are becoming attractive and this may push DIIs and retail investors to buy stocks in such segments. An inevitable consequence of this complex situation is heightened volatility, he added.
A significant trend in the market is that fundamentally strong stocks like large cap private sector banks have turned weak on FII selling. For long-term investors, this is an opportunity, he said.
Wall Street steadies after selloff as a relaxing bond market offers some oxygen: Wall Street is holding steadier Wednesday after the bond market relaxed its vise a bit on the stock market.
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There is no room for ego in a marriage'
According to Dr Saktirupa Chakraborty and Dr Suranjan Chakrabarti, both consultant obstetricians and gynecologists, a marriage is always about mutual respect, trust and shared values.
The art of pastry making through the lens of technology
Pastry making has long been considered an artful combination of science, using only simple ingredients such as flour, butter, eggs and sugar to prepare exquisite edible art.
Revival of historical paintings - Resurgence of classic paintings
The art world is currently witnessing a massive revolution sparked by the resurgence of historical paintings.
Discover the beauty of Gajoldoba and Gaurikone
On the invitation of Ranjan Majumdar (my brother), my wife and I set off on a journey to one of Bengal's favourite tourist destinations, the Dooars, with a little touch of Nepal.
The café cat-astrophe
In a quaint little town nestled by a lazy river, lived Nephy, a sleek orange cat with eyes like almonds.
The green wall
Upal, now the schoolteacher, thought of the Thakuran River for his research activities.
Evening of elegance: 'Best Face, Best Dress Award Programme'
A thing of beauty is a joy forever. Surely. However, beauty, as they say, is in the eye of the beholder. On the evening of Thursday, 21 November, as Kolkata's streets embraced the deepening dusk, a quiet magic took hold outside the gates of the Rotary Sadan auditorium on Jawaharlal Nehru Road.
Debutant Rana credits Bumrah for easing pressure off him
It's a common term in cricket—fast bowlers hunt in pairs. And when the leader of the pack, in this case Jasprit Bumrah, runs through the top order to set the tone, it often eases off the pressure from the younger lot.
It's coming too slow: Yashasvi Jaiswal engages in fiery exchange with Mitchell Starc
India opener Yashasvi Jaiswal and Australian spearhead Mitchell Starc were involved in a fiery battle during the second session on day two of the first Test of the ongoing Border-Gavaskar Trophy in Perth.
Guwahati to host FMSCI National Rally Sprint Championship on Sunday
The FMSCI Indian National Rally Sprint Championship (INRSC) for two-wheelers will make its way to Guwahati for the East Zone round on Sunday.
