Motital Oswal Financial Services remains optimistic about India's growth story in the medium to long run. It remains biased towards large-caps with a 76% allocation. Add Shriram finance: To capitalize on its diversified AUM mix, enhanced cross-selling opportunities

On January 8, strong backing from Reliance Industries prevented major indices from significant declines. Oil and gas stocks surged due to rising crude prices, while support from the IT sector and ITC share rebounds helped the indices recover to end the session flat.

Investor wealth as suggested by the BSE market capitalisation got eroded by Rs 3.3 lakh crore in the broad-based market selloff, as two actively-traded stocks declined on every stock that advanced. The fall was led by many reasons,