Opening Bell: Sensex opens 300 points up, Nifty 50 above 20,000 mark
The BSE Sensex was 301.82 points or 0.45 per cent higher at 67,428.90, and the NSE Nifty 50 opened 83.20 points or 0.42 per cent up at 20,079.50.
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Top Gainers And Losers
Larsen & Toubro, ICICI Bank, Sun Pharma, TCS, and Infosys were among the top gainers, while losers were NTPC, Tata Motors, Power Grid, Hindustan Unilever and Maruti Suzuki.
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Shantanu Bhargava, Managing Director, Waterfield Advisors
In times like these, as an investor, one must take a step back and evaluate their intended decisions through the lens of "investing" versus "speculating". Never speculate with core capital. Recognising speculation from investment can be crucial to investing success in these situations. Finally, all performance-chasing - selling a fund that has trailed over the last three years to pick up one that has outperformed - is speculating rather than investing. It's time to be disciplined and stick to your plan.
BSE Midcap, Smallcap Indices Crack 3% As Market Sentiment Turns Negative
The BSE MidCap and SmallCap indices fell nearly 3 per cent each on 12 September as investors run to book profits. At 12.20 PM, the BSE Midcap fell 897.02 points or 2.71 per cent to 32,172.53, while BSE SmallCap fell 1,245.79 or 3.23% to 37,291. So far this year, both indices have surged around 27 per cent this year and gained around 45 per cent since April.