stocks which are available at reasonable valuations

Equity investors are always on a look out of stocks which offers growth and at the same time available at reasonable valuations which makes them attractive ‘buy on dips’ stock.

Morgan Stanley in its report released earlier in the month of April handpicked over 10 stocks which are available at reasonable valuations. For computing these stocks, the global investment bank filtered stocks using parameters such as beta, future growth rate, and Return on capital.

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Sensex, Nifty erase opening gains as investors

 The rupee fell 4 paise to 65.53 against the dollar at the interbank forex market.

Yesterday, the rupee had fell by 29 paise, or 0.44 per cent, to close at a six-month low of 65.49 against the US currency on widening trade deficit concerns amid heightened geopolitical worries.

 Benchmark indices erased opening gains amid consolidation, as investors digested normal monsoon forecast and look for corporate earnings.

The 30-share BSE Sensex was down 2.48 points at 34,302.95 and the 50-share NSE Nifty fell 2.20 points to 10,526.20.

Read more-- Sensex update

Closing bell: Sensex closes above 35000, Nifty at 10788, Nifty PSU Bank up 4%

Yardstick indices closed at record highs on Wednesday, with Sensex junction the 35,000-mark for the first time to punch a new all time high of 35118.61 and NSE Nifty rising above 10,800 to set a new record of 10,803. All the spectral indices on BSE ended higher with bank, capital goods and IT leading the gains. The Nifty PSU Bank rose to 4.17%. Axis Bank, SBI, ICICI Bank and Infosys were dominating gainers, whereas Wipro, M&M, Kotak Bank and HDFC Bank stocks were primary losers. Here are the

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