On Thursday, the equity markets ended marginally down as investors booked profit post six consecutive positive trading sessions and ahead of the RBI monetary policy outcome on Friday.

On Wednesday, in a tight competition between bulls and bears, the bears finally showed a winning streak and the benchmark indices closed higher. For the domestic market, the major event investors are eyeing this week is the RBI’s policy meeting outcome. 
 

The global indicators favoured bears as most Asian as well as Western markets were trading over concerns of rising geopolitical tension between the US and China.  

On Monday, the domestic equity markets commenced the week on a positive note and ended with gains of nearly one per cent. Supportive global cues coupled with buying across sectors pushed the benchmarks to end higher. 

It is earnings season right now and the list of companies declaring outstanding results is increasing as we progress. After big wigs like Sun Pharma and Bajaj Finance declared above estimate results, also contributing to the BSE Sensex rally, we have EaseMyTrip declare a positive set of results on Friday. 

On Friday, investors piled up the metal and IT shares, coupled with some major Sensex stocks like Reliance Industries, HDFC twins, Sun Pharma, and Bajaj Finance. The benchmark indices ended the trading session near the day's high level, closing the week on a green note. 

The shares of Jayant Infratech are in huge demand. Back-to-back buyers lock has pushed the stock to its all-time high after it more than doubled since its listing on July 13. This SME IPO stock got listed on BSE SME platform on July 13 after recording a gain of 19 per cent on its listing day. The issue price for Jayant Infratech was Rs 53 per share.

On Thursday, the bulls took charge of the Indian equity markets after the US Federal Reserve's (US Fed) chairman Jerome Powell hinted at an eventual slowdown of rate hikes once inflation peaks out. 

Witnessing a broad-based rally, domestic markets faded the morning losses and ended sharply higher on Wednesday. At the close, the Sensex was up 547.83 points or 0.99 per cent at the 55,816.32 level, and the Nifty was up 158.00 points or 0.96 per cent at the 16,641.80 level. 

The shares of this NBFC have gained 8,000 per cent in just five years! The stock price of Authum Investment & Infrastructure stood at Rs 1.79 on July 28, 2017, but on July 27, 2022, it is seen trading at Rs 145 a piece on BSE.  This means that if you had invested Rs 1,00,000  in this stock five years ago, you would have accumulated an amount of Rs 81 lakh today! That is how you spot multi-baggers!