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Cement companies could be hit the most; every 5 per cent rise in crude and coal prices hits their margins by 100 basis points. Refiners such as ONGC and Oil India would gain the most; every $10 increase in crude prices increases their EPS 10-20 per cent.

"We were always confident that we will survive, but the government package is clearly a vindication. We will be around and hopefully that question can be put to bed forever now."

The power sector is benefitting from a rotation of funds by high net worth and retail investors to the sectors where valuation comfort is highest. The strength of the move in the BSE Power index is reflected in the fact that it made an 11-year breakout on the daily charts.

There are many things which associates are looking for; career growth. Are they able to up skill themselves? Are they able to migrate between technology or functional areas? Are they able to get deeper expertise or not?​

On the technical charts, the RSI of the stock stood at 56.79.

A total of 9,742 shares changed hands on the counter till time (IST).

Analysts suggested that demand in rural as well as in urban areas will revive during the festive period, which tends to bring in close to 25-30 per cent of automobile companies’ revenues in a normal year.

"It is good to carry a mix of both debt and equity rather than carrying only equity and a balanced approach to investing would be a better option. "

PSE index rose for the second consecutive day with Power stocks hogging the limelight. As the gap between growth and value stocks widens, we are witnessing sectoral rotation in several pockets.

Lower global production caused the crumbling down of inventories in key consumers like the US and Europe.