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A total of 2,251 shares changed hands on the counter till 11:11AM (IST)

“Interest rates in the US are headed for 9%. We have to get ready for that. However, high interest rates do not kill markets. Stock markets can go up in the face of high interest rates. Temporarily there will be some impact but in the long run, bull markets often are accompanied by high interest rates and rising interest rates.”

"One should not look to invest in stocks only because they have fallen significantly from their 52-week highs. Investors should look for companies with high growth potential where valuations have become reasonable. But, one should be patient and look for a top-down approach. Once there are signs of cool-off in inflation and stability in equity markets, one should then look for investing in such opportunities."

“In India, we are invested in software, healthcare, basic infrastructure companies as well as companies doing tubes like Apollo Tubes. So in India, the portfolio is a little bit more varied but we are betting more and more on India because we think that India is going from strength to strength. ”

At 9.25 am, the BSE Sensex was trading 131 points or 0.26 per cent higher at 51,491.40. Nifty50 was trading at 15,338.35, down 45 points or 0.29 per cent. Midcap and smallcap indices edged up to 0.26 per cent lower.

Gold wrapped up the previous week lower as a stronger dollar and interest rate hikes by major central banks dented the appeal of bullion, which yields no interest.

Sansera Engineering Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 3474.88 Crore) operating in General sector.

"On the technical front, the Nifty has formed a bearish candle with a gap down in a weekly chart which indicates more weakness ahead. Simultaneously, on Friday’s closing daily chart, the Nifty50 has formed a Doji pattern that suggests indecisiveness as well. Indicators such as ATR and ADX remained on the weaker side. However, short-term buying opportunities are anticipated in stocks and specific sectors."

The stock quoted a 52-week high of Rs 2764.6 and a 52-week low of Rs 1988.6.

A SpiceJet Boeing 737 with about 185 people on board passengers returned safely to Patna soon after an emergency landing on Sunday afternoon following the reports of a fire in one of the engines.