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Midcaps have mobilize while blue chips underperformed sharply, & investors who chose midcaps have made double the returns when compared with that of large caps. The run-up has led to some midcap stocks being overvalued, financial advisors & fund managers said that investors should now turn to large caps.

TCS, Tata Motors, Infosys, Trent, BoB, Dr Reddy's Labs are the Stocks in news. Sensex rallies 200 points, Nifty-50 ragains 7,400; Marksans gains 7% Dr. Not So Doom: Marc Faber says stocks may rally. INR hits 7-wk high, trades at 67.39 against USD

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MCX-SX, the latest entity to set up a full-fledged stock exchange, on Thursday said it expects to begin trading with about 1,000-1,200 stocks when it starts operations around Diwali.

Wall Street Updates : It rose sharply on yesterday, elevating the S&P 500 to a humble gain for the year as Apple &Amazon led tech stocks higher.All the ten major S&P sectors ended with gains, led by a 1.34-per-cent increase in the technology sector, its powerfull performance since the start of this month.

Today, Shares of telecom operators were little changed in early trade after the Mukesh Ambani -led Reliance Jio Infocomm launched its much-awaited 4G service on yesterday, setting the stage for intense competition in the burgeoning $50 billion local telecom industry.