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Nifty closed positive after six weeks on weekly charts creating hope that markets may have bottomed and we could see a bounce back. However, failure to cross 16,500 will keep the odds open for another sell-off in the coming weeks. It is too early to bet on a sustainable rally in the market.

While Systematic Investment Plans (SIPs) of mutual funds are one way to bet, investors wanting to bet directly on equities could also consider SIPs in specific stocks with strong prospects. ET spoke to analysts at five leading brokerages for their top SIP stock picks.

​Trading technology, interface, and tools have evolved over time, but market psychology and reaction from the state of greed and fear tend to be very predictable.

The upcoming monsoon season will also guide the auto sector, signalling the revival of rural demand. The IMD expects monsoons to be good and to reach Kerala earlier than usual this year, which is again positive news for the sector.

SEL will acquire an additional 26% stake from the existing public shareholders of Veritas via mandatory open offer at a price of Rs. 126 per share, aggregating Rs. 87.83 crore.

The home financier is in talks with LIC of India, SBI Pension funds and LIC Pension funds that are expected to buy into these bonds, debt market sources familiar with the matter told ET. HDFC will likely use the proceeds to expand its loan book amid robust demand for new homes.

Despite the rebound, we feel the market has not reached its bottom, since price patterns on the Nifty50 show that the uptrend has been significantly harmed, said Yesha Shah, Head of Equity Research, Samco Securities.

Keeping the target between 16,600 to 16,800, we feel traders can go for the Bull call ladder strategy where maximum profit will be made between 16,600 to 16,800. However, one needs to be careful on the higher side also as strategy will start making a loss if Nifty moves above 17,000 in the current settlement.

If we look at the trend of new clients of net-based brokerages, they seem to be young digital natives in their mid-20s. This is a very good age to come to the market and build an equity portfolio in a healthy manner over a long period. The strong momentum in white-collar jobs, particularly in IT and other sectors further provides support to this trend.

Benchmark indices- BSE Sensex and Nifty50 settled about 3 per cent higher each, whereas the midcap index also surged 3 per cent during the week. However, smallcap peers outperformed the bigger indices gaining 4 per cent during the period