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"Our markets may react negatively and if the markets need an excuse to fall, it will take cues from the Karnataka state polls," said Andrew Holland, CEO of Avendus Capital Alternate Strategies.

Any throwbacks toward 17,800-17,900 levels could present better re-entry opportunities and improved risk-reward setups. At the same time, only a follow-through above the resistance can take the index toward all-time highs. Bank Nifty is near its lifetime highs and might face psychological resistance at the 44,000 mark. We are in a secular uptrend, and any dips can be used as incremental buying opportunities.

The company works "with pharmaceuticals, life sciences, biotechnology, agrochemicals, and specialty chemicals companies to deliver active ingredients, intermediates and R&D services," according to its website.

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High portfolio churn is conventionally perceived to have a negative impact on investment returns, due to the shorter holding periods for good stocks. However, advanced technology, such as AI, has disrupted this practice. The decision of how much of the portfolio to churn is a function of the returns that an investor can generate from that churn. Recent advances in AI provide investors with more personalized investment capabilities and, ultimately, greater potential returns. As a successful investor, it is important to be both active and passive.

​A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days​

Gold prices are expected to remain range-bound with support and resistance levels as there are no clear triggers that could push prices to move. The absence of momentum mainly comes from weak market sentiment caused by concerns over the US debt crisis and the recent PPI data from the US. The long-term trend remains positive for gold, though fluctuations between the support and resistance levels will continue as the pendulum moves between bulls and bears. The upcoming policy decision of the Federal Reserve in June could further weaken the sentiment of the gold market if it hints at taking a hawkish stance.

Spot gold prices reached near-all-time highs as multiple catalysts pushed prices higher, such as a weak US dollar, the US debt ceiling standoff, and global economic fears. Investors shifted from the dollar to gold-like assets due to a drop in the outlook for global interest rates. The recent banking crisis, predictions of a pause in US interest rates and signs of easing inflation prompted investors to flock to safe-haven assets. The short-term outlook for gold remains positive, but there is a chance of correction. However, any downside turnaround point is seen at $1800 an ounce.

Options trading is a fascinating and versatile tool for hedging against risk, generating income, and speculating on future stock price movements. Options act as contracts that grant the right, but not the obligation, to buy or sell an asset at a specific price within a certain time frame. Options provide leverage and flexibility and are actively traded on exchanges. However, it is crucial to have a thorough understanding of the dynamics of options trading to avoid falling into an option trap. Inexperienced traders need to approach options trading with caution and care.

Only ITC and Infosys faced erosion in their valuation, while Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC and Bharti Airtel were the gainers.