After the Budget, our call on cyclical recovery in the economy and a broader recovery in the market is further reinforced
So what has propelled the Indian markets this week? How are foreign flows shaping up? Will the market continue to go up? In this podcast, we discussed the growth trajectory in detail
Business Standard brings you the top headlines
Sensex moved up 20 per cent in the last 12 months since January 2020.
HDFC twins, Reliance Industries and ICICI Bank accounted for almost half of the benchmark's gains
It seems intuitively obvious that easy money would find its way into stocks, but evidence on the ground is too thin
The medium-term trend of Sensex is bullish till the time it defends 44,000 levels
It concluded that this would be 'a macro rebound but not a multi-year bull cycle'
Given the economic shock caused by the Covid-19 pandemic, it is stunning how markets have managed to hit a trough in just 69 days
The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then
In the past decade, the benchmark indices gave annual returns of 16 per cent
Most of the time since 2009, gains in the S&P 500 have surpassed gains in GDP and worker pay by gaping margins
The firm added Qatar National Bank QPSC, the Gulf state's biggest lender, to its core portfolio earlier this month, citing an attractive valuation and the lender's strong government links
In 10 years, the composition of the market has undergone a sea change
If good sentiment erodes, market can see correction as fundamentals can't justify current valuations
Monday's closing was the highest since August 19 last year when it ended at 27,931.64