Rate hikes, elevated valuation, and China reopening lead to reallocation of funds
Currently, the Nifty's 20-DEMA is around 18,080. If the index manages to surpass this key hurdle, it may see further upward movement, observe analysts
India's outperformance vis-a-vis other markets happened in a year that witnessed high inflation, rising interest rates, and a bloody war in Europe
BSE PSU index gained 41% and 23% in 2021 and 2022, respectively
Interestingly, in 2022 India also broke into the top-five league in terms of market capitalization
SME segment has a higher share than mainboard companies
Naren said after a long time the need for money in the deposit market has come and we see hikes in bank deposit rates
The market has been on a roller-coaster ride since April 11 - first dropping as much as 10 per cent to 15,924 on June 17 and then climbing 11 per cent
The Nifty rose 124 points, or 0.7 per cent, to close at 17,659 - the highest since April 11
FPIs return but fears of Fed tightening remain
Shares of NMDC (formerly National Mineral Development Corporation) rallied over 4 per cent on Friday, even as the stock got removed from the Nifty CPSE index