The recent selloff in the stock market has raised fears of a rush for redemption in mutual funds.
Steep corrections and crashes have happened many times in the past and every time, markets have bounced back, says Porinju.
BSE, which will not charge commodity brokers for first 12 months.
JSW Steel is a 'Sell' call with a target price of Rs 364 and a stop loss of Rs 392.
More than 417,000 ILFE shares traded, vs 30-day avg of around 264,300.
The scrip has plunged 93 per cent year-to-date.
MCX Gold futures were trading 0.61 per cent higher at Rs 30510 per 10 gram.
Among the 50 stocks in the Nifty index, 14 were in the green and 36 were in the red.
RBI’s money policy review, rupee and oil price movements will be key market drivers this week
Whatever money is coming in, is getting invested, Porinu said.
The Nifty IT index was trading 1.31 per cent up at 16,045 around 10:45 am.
Maruti Suzuki sold 1,62,290 units last month as against 1,63,071 units in the corresponding period last year.
The stock fell 20 per cent to hit low of Rs 451.20 on BSE.
Shares of Jet Airways, SpiceJet and IndiGo hit 52-week low of 163.70, 64.05 and 768.25, respectively, on BSE today.
The government has to come to terms with GST coming in below Rs 1 lakh crore, the top BofAML official said.
India’s authorities are already pulling out the stops to ensure financial stability.
The NSE Nifty index was trading 37 points down at 10,894, while BSE Sensex was down 83 points at 36,145 around 10:10 am.
The index is trading around key levels i.e. ‘200 SMA’ placed at 10,800-10,770.
Company has always provided timely clarification sought by the stock exchanges, Infibeam said.
YES Bank was leading the pack of most active stock in value terms.
With Brent continuing to rise, oil-themed stocks could be used to shrug off the domestic cues.
In the past year, the fund category has returned an average of 47 per cent.
RBI said the auctions would be conducted during the second, third and fourth week of October.
Uncertainty over the RBI policy meet later this week weighed on investor sentiment.
The local currency on Friday settled at 72.48 against the US dollar.