The trend still looks bullish but there are bursts of profit-booking above 7,250.

Rumours of which tycoon is close to which minister will soon start floating, and those could affect prices in the short term.

It could also clear stalled projects and review various subsidies on the energy, food and fertiliser fronts.

The May Nifty option chain and the three-month Nifty chains offer several signals worth noting.

The lowest FMCG index valuation has been around PE 27, while the highest have been above 42PE.

Stop-losses are mandatory to prevent losses going out of control

The GDP numbers destroy any hopes of an economic rally prior to the elections, and the installation of a new government.

Why do people need to trot out a moral justification for doing certain appalling things and not for others, asks Devangshu Datta

The auto sector has been among the worse-hit in terms of sales in the past two years.

The Bank Nifty is likely to be a bellwether.

If a stock predictably moves to the top of a defined range, hits resistance and drops back down to the bottom of the range where it hits support, it can be traded.

The 22-year-old Carlsen leads 5-3 and needs to score another 1.5 points in the next four games to wrest the title away.

Instead of starting an aggressive attack, Anand played very positionally, seeking a small advantage

Over the short to medium term, valuations are more likely to move down than up.

Although the current long-term bullish trend is intact, markets are awaiting clarity on the taper and the Assembly election results.