NEW DELHI: The festive cheer this Diwali week seems to have rubbed off on the bulls on Dalal Street, too.
On a weekly basis, domestic benchmark indices managed to settle higher for the second straight week.
Top investors treaded with care, with the simple message to stay put.
The biggest respite is oil, which tumbled below $70 to multi-month lows.
As crude entered the bear market, the bulls came out for a party.
Not surprisingly, the poll conducted by Shyam Sekhar of iThought on the most key factor with a bearing on sentiment had oil on the top.Safir Anand in a tweet said the falling crude is likely to throw up many opportunities.
Sandip Sabharwal of asksandipsabharwal.com was not far behind in pushing India's cause, tweeting that India story is much more than crude and 2019 is likely to be a good year for investors.Solid inflows the mutual fund industry saw for October -- a month that was marred by a sharp selloff -- gave more comfort to Street.Nilesh Shah of Kotak AMC was all praise for "the maturity of investors and the hard work of MF distributors".
Sabharwal called out the "doomsday forecasters" who predicted the markets will crash and investors will jump ship in light of the Rs 14,783 crore MF inflows.Investment tips and ideasWith the recovery building and a stream of positive news trickling in, here are a few tips, tricks, and advice that the Street mavens shared on Twitter.
Take a look!Porinju VeliyathShyam SekharBasant MaheshwariSafir AnandHere's something from Samir Arora that can tickle your funny bone and leave you thinking.