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"Price isn’t the arbiter of value, particularly in poor price discovery pockets. We are supposed to capitalize on sentiment, and not instead partake in cycles of frenzy or panic around us. From our vantage point, there is really no reason to be significantly more or less cautious than what one was say two quarters ago. You can never really afford to not be cautious."

The delay in the strategic sale of Pawan Hans, Shipping Corporation of India (SCI), IDBI Bank, and Bharat Petroleum Corporation Ltd (BPCL), and the scaled-down public offer of Life Insurance Corporation (LIC) of India have forced the government to consider other options.

Spot gold rose 0.3% to $1,850.39 per ounce, by 0039 GMT, their highest since May 12. U.S. gold futures GCv1 also gained 0.3% to $1,847.90.

Inordinate delays in debt resolution of the distressed companies in bankruptcy courts and a nudge from the government to provide additional loans to already distressed power companies have encouraged lenders to look at exit options.

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.