The Sensex fell 694.96 points or 1.13% to close at 61,054.29, a day after the index surged to its highest in four and a half months. The Nifty declined 186.80 points or 1.02% to end at 18,069. Both the indices once again turned negative for the year on Friday, pulling back about 0.5% year-to-date.
Market’s next big cue may come from earnings and rural revival: Shiv Puri
Shiv Puri from TVF Capital Advisors suggests a positive outlook for consumption due to changing unsecured personal lending. He highlights opportunities in underpenetrated sectors like