Four factors that drove Sensex's 575-point rally; 7 out of 10 F&O stocks lag Sensex in May series; why Morgan Stanley turned 'overweight' on India

ET Markets Daily Brief | Wed, May 25, 2016 | 04:33 PM IST Follow ET Markets

Four important triggers that helped Sensex rally over 500 pts in trade Nifty50 reclaimed its resistance level of 7,800 and was trading near its next crucial level of 7,850 supported by gains in IT, realty, power, and auto stocks. Forget Fed, brace up for monsoon bonanza on D-Street; El Nino is gone Southwest monsoon advanced into some parts of southeast Bay of Bengal, entire south Andaman Sea and Nicobar Islands and some parts of north Andaman. Changing rules! Time to count out FMCG as a defensive sector Whenever there is volatility, our gurus have taught us to place our bets in the defensive space, which could either be in stocks or precious metals.

Interview One to One I remain optimistic both on the stock market as well as the country. India is emerging as safe haven... Mihir Doshi, MD & CEO, Credit Suisse

Advertorial How and when to de-risk one's investment portfolio As one nears long-term goals, it is important to preserve the accumulated wealth through the process of de-risking. Read on to find out how and when de-risking helps in the financial planning process.

Market Watch 25 May | 04:33PM| SENSEX NIFTY USD/INR GOLD 25881.17 ↑575.70 7934.90 ↑186.05 67.38 ↓-0.38 28968.00 ↓-332.00

Gainers Losers 25 May, 2016, 04:33PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Asian Hotels (East) Ltd. 172.80 20.00 1070 172.80 154.80 India Infraspace Ltd. 102.05 19.99 149389 102.05 85.40 Gyscoal Alloys Ltd. 45.95 19.97 119831 45.95 40.00

Tweet of the day... Seven lesser-known, most profitable stocks that can deliver big in future

FROM THE NEWSPAPER

Top 5 reasons why Morgan Stanley has upgraded India to 'overweight' Earlier this month, HSBC Global in a report had upgraded the Indian market to neutral from underweight and raised its 2016 Sensex target to 26K from 25K. Seven out of 10 F&O stocks lag Sensex performance during the May F&O series Thirty-six of these stocks have fallen in double digits — 12 of them are from the banking space, four from the auto and auto ancillary space. Here's what happened on Dalal Street all through Wednesday If you are reading this, chances are the Sensex and the Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. F&O view: Fresh Put writing at 7,600, 7,700 levels to hold market till expiry Put options are used to hedge against market weakness or bet on a decline while Call options are used to hedge against market strength. After benefits of cheap oil, India counts cost of reduced Gulf remittances Most of India's remittances come from the oil-rich Gulf, where some seven million Indians have been working, but more and more are being forced to come home.

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