Both return and tax treatment can vary widely based on each fund's asset allocation mandate
Closing Bell on Thursday, January 11: Shares of Reliance Industries rose over 2 per cent for a second straight day, followed by Axis Bank, Ultratech Cement, Tata Motors, Power Grid
Shares of RIL rose 2.7 per cent to end at a new record of Rs 2,650, valuing the firm at Rs 17.93 trillion. The stock surpassed its previous record high of Rs 2,620 on July 20, 2023
Brokerages have cut benchmark index's forward earnings estimates
Among the key themes identified by the brokerage are Make-in-India, defence, and energy transition
Closing Bell on Tuesday, January 09: Among sectors, the Nifty Media index crashed the most, falling 3.4 per cent, amid a slide in ZEEL shares (down 8%), Dish TV (5%), and Hathway (3%)
Closing Bell on Monday, January 08: The broader markets, too, felt the pain with the BSE MidCap and SmallCap indices dipping 0.87 per cent and 0.36 per cent, respectively
Closing Bell on January 5, 2024: In the broader markets, the BSE MidCap index added 0.19 per cent, while the BSE SmallCap index gained 0.61 per cent
The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79
FPIs bought shares worth 427.33 billion rupees in the first half of December, marking a fortnightly record, driven by lower U.S. bond yields amid expectations of interest rate cuts by Federal Reserve
Closing Bell on January 4, 2024: The Nifty Realty index jumped 6.76 per cent, followed by the Nifty Financial Services, Bank, and Private Bank indices (up over 1 per cent each)
Closing Bell on January 2, 2024: Among sectors, the Nifty Pharma index zoomed 2.5 per cent, followed by the Nifty Media index (0.43 per cent), and the Metal index (0.26 per cent)
The 30-shares barometer scaled new intraday record high of 72,561.91 before closing at 72,271.94, a gain of 31.68 points or 0.04 per cent over the last close
The blue-chip NSE Nifty 50 settled 0.05% higher at 21,741.90 points, while the S&P BSE Sensex added 0.04% to 72,271.94
Closing Bell on January 1, 2024: The BSE Sensex and Nifty50 indices hit record highs of 72,562, and 21,834, respectively, intraday
This is the first time that the Indian equity benchmarks have seen eight consecutive years of gains. The previous longest winning streak was from 1988 to 1994
UP surpassed Gujarat to take the second position in 2023 by adding 33.8 per cent of new stock market investors
Closing Bell on December 28, 2023: The S&P BSE Sensex hit record high level of 72,484 and the NSE Nifty50 claimed 21,801 intraday
Profit booking after the excellent run was cited as the primary reason for this week's market rout
Closing Bell on Friday December 22: The BSE MidCap and SmallCap indices outran the benchmarks with 0.74 per cent and 1 per cent gains, respectively