Sensex has clearly earmarked its upper and lower limits
On Friday March 19, the BSE Sensitive Index closed at 3672 points. The index showed a net loss of 30 points over the close of the previous week. The index movements was mostly sideways during the week.

IP Rings makes hay during negative auto growth
Presently, as is well known, the stock market is waltzing to the tunes of stocks from infotech, pharma and fast moving consumer goods (FMCG) industries. It therefore comes as a surprise to investors to now find an auto ancillary scrip record handsome gains on the bourses.

Stick to value yardstick in chaotic path ahead
I am relieved by the halt in the markets' northward climb. This was very important. Last week, I had pointed out that with a 30% gain it is time to book profits. Willy nilly, the investor gets drawn repeatedly into the vortex of frenzied market activity and he, consciously or otherwise, abandons his discretion.