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Jhunjhunwala was among the most influential market voices in Asia’s third-biggest economy, with an intense following among the nation’s growing horde of retail investors. The man also known as “Big Bull” was a fierce backer of the India growth story. His investing success earned him a cult-like following, with news of his trades occasionally sparking stocks to move by their daily limits.

"It is best to stick with largecap companies which would bounce back faster and are able to withstand the pressure of a harsh environment. In the case of small & midcap stocks, we would advise caution and also recommend investment only in niche companies/sectors with high entry barriers, strong governance, and robust cash flow taking into account the total addressable market for the company."

"I have the best pair of noise cancelling headphones in the world. When picking a stock, I put them on, and cut off all the hype. It is between me and the numbers. Before investing, I have a rigid list of fundamental parameters which a company must fulfil for me to even shortlist it. Some of the most important factors are the general trajectory of the industry, innovation through R&D and character of the management."

"Trading looks lucrative, but it is not easy to make money in trading because you have to deal with your emotions along with market volatility to make money and data tells that less than 10% of active traders make money. Trading requires a different mindset and skills; therefore, you should start it part-time to understand whether it is working for you or not and then gradually you can move to full-time trading."

Trent Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 49155.03 Crore) operating in Retail sector.

A paucity of coal in the domestic market is pushing upwards the prices of sponge iron. Meanwhile, there has also been a squeeze on the availability of scrap steel, which is largely imported. This is pushing up the price of the commodity.

The lender, which listed its shares in New York in December, has seen the stock shed half its market value so far this year against the backdrop of turbulent capital markets.

The board of Samvardhana Motherson International and Yug Decor will meet today to consider the bonus issue. Tuesday is the record date for dividends by Hindalco Industries, India Pesticides, Astra Microwave Products and Repco Home Finance. The stocks went ex-dividend on Thursday.

Jhunjhunwala was the biggest investor in the low-cost airline that started operations last Sunday. His family holds around 45% through three trusts named after his children Nishtha, Aryaman and Aryavir.

Market participants awaited industry data on U.S. crude stockpiles due later on Tuesday. Oil and gasoline stockpiles likely fell last week, while distillate inventories rose, a preliminary Reuters poll showed on Monday. [EIA/S]