Nifty 50 is back to 18,000, still half of Nifty 500 stocks trade below 200-DMA
Stick to it, even if it lags its tier-I benchmark and category average
The fund's month-end assets under management (AUM) increased to Rs 4,205 crore in February 2022 from Rs 3,255 crore in March 2019.
Ending its three-day winning run, the 30-share BSE Sensex declined by 115.48 points or 0.20 per cent to settle at 58,568.51 amid the expiry of monthly derivatives contracts
However, the gains were muted compared with the previous financial year, when the market soared 70 per cent, thanks to the sharp rebound from Covid-19 lows
This has cushioned the blow, resulting in a mild correction in risk assets like equity, say analysts
Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike by the US Federal Reserve (US Fed)
Most of the portfolio management service (PMS) schemes delivered negative returns in February, with 217 (80 per cent) of the 268 schemes underperforming the Nifty50
The surge comes on hopes of de-escalation of the Russia-Ukraine conflict after the Ukrainian President Zelenskyy indicated that the country was no longer interest in NATO membership
Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months
To prevent market abuse, NSE said it has deployed artificial intelligence (AI) tools that identify manipulative practices such as layering and reversal of transactions
Despite the multiple COVID waves, the earnings for FY22 have not seen any significant downgrades and are on-course to deliver about 25 per cent growth
Apollo Hospitals Enterprise Ltd will replace Indian Oil Corporation Ltd from National Stock Exchange's benchmark index Nifty 50 from March 31. The Index Maintenance Sub-Committee Equity (IMSC) of NSE Indices Limited has decided to make it a part of its periodic review, according to a press release on Thursday. Apart from Nifty 50, changes have been announced in several indices including Nifty Next 50. One 97 Communication, owner of Paytm; FSN E-Commerce Ventures, which runs online marketplace Nykaa, Zomato Ltd, Indian Oil Corporation Ltd, MindTree Ltd and SRF Ltd will find a place in Nifty Next 50. Apollo Hospitals Enterprise, Aurobindo Pharma, Hindustan Petroleum Corporation Ltd, Indraprastha Gas Ltd, Jindal Steel & Power Ltd and Yes Bank will be excluded from Nifty Next 50. These change will become effective from March 31 (close of March 30). Besides, NSE Indices has revised the eligibility criteria for inclusion of stocks in Nifty equity indices. The minimum listing history .
At 10:31 am; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Realty indices were up 1 per cent, against a 0.5 per cent gain in the benchmark Nifty50 index
Markets have positively reacted to most Budgets presented by the Modi-govt. Last year's Budget saw the benchmarks climbing over 5% on the D-Day. Will the markets repeat their 2021 performance?
The benchmark index on Friday closed at 17,102
Both the mid- and small-cap gauges were down 10 per cent intra-day over their 2022 highs before recovering some lost ground
Analysts tracking index composition say Apollo Hospitals will replace Indian Oil; official announcement expected by Feb third week, changes will become effective on March 31
Delta Corp will be in focus ahead of its Q3 earnings, the stock is also in F&O ban. HCC may come under pressure owing to debt default.
Indian markets mirrored global sell-off after the US Federal Reserve's minutes indicate sooner and faster-than-expected rate hikes