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Among individual stocks, Zomato shares closed 5.5% higher amid a block deal on the counter. Shares of Suzlon Energy also hit a 5% upper circuit for the third consecutive session as sentiment for the stock ran high

"Fixed income yields in India are still attractive, with real returns available despite inflation concerns. He believes that wWhile the Reserve Bank of India has already tightened policy, there is a risk that interest rates may need to be adjusted higher in the future. However, a significant increase in bond yields are not expected and a shorter duration strategy for investors is better. Fixed deposit rates are unlikely to increase significantly in the near term."

“It is very important that all of your money for your medium and long term investments are thought of from an inflation beating standpoint. Even for a family with special needs children, I would say that from an inflation beating perspective, do look at equity apart from some of the debt instruments that you are looking at and diversify into other instruments like gold and real estate.”

"Between pension from an insurance company or NPS, I would think NPS sort of would win hands down. That is because both do not give you life cover and so why not look at an NPS type of scheme. Yes, NPS also then gives you opportunity for that equity participation and inflation beating returns in the long run. That has been a big positive. I hope that will only go higher up the ranks."

Investors will also eye U.S. GDP data for the June quarter, due later in the day, which could offer cues on how resilient the U.S. economy continues to be.

The surge of large and mid-cap stocks to new all-time highs on August 30 paints a vivid picture of the ever-evolving stock market.

In this article we delve into the significance of RSI and explore the intriguing case of 10 overbought stocks that caught the attention of ETMarkets. This article guides potential investors on how to interpret RSI and make informed decisions based on it.

The IPO of Aeroflex Industries saw a robust response, driven by healthy demand across categories. The issue was subscribed 97 times overall at close.

The stock market is a labyrinth of trends and signals, demanding vigilant analysis. The Relative Strength Index (RSI) stands as a critical tool, offering insights into momentum and potential reversals. This article unravels the significance of RSI, investigating the unique case of 10 stocks trading in the overbought zone with bearish RSI trends. Join us as we explore how the RSI movement can impact decision-making for potential investors.

"Today, 50% of power cable sales come from the export side. There is opportunity from the North America market and the Europe market because in the Europe market, renewable energy is a very big thing. They need to establish much more new transmission capacities for renewable power and in North America, they need to completely rebuild their infrastructure. There is probably annually a $20 billion opportunity. So, the business outlook is looking very strong."