Market wrap on March 28, 2024: In the process, the BSE Sensex ended FY24 with a gain of 25 per cent, while the NSE Nifty 50 zoomed almost 29 per cent.
Companies that do not fall in either of 'growth' and 'quality' bracket have delivered median return of 65 per cent.
From a near-term perspective, analysts at J.P Morgan expect the small-cap and mid-cap stocks to remain volatile in the coming weeks, with margin funding and investor flows adding to risks
Stress tests highlight risks in smallcaps
Edelweiss Mutual Fund on Thursday disclosed its first stress test result in order to comply with recent Sebi directive.
Most analysts, however, do not think so as they expect a minor dip and a sharp recovery as investors flock to the large-caps in search of safety and value buying as the mid-and small-caps falter.
Analysts said the PSU space had gotten overheated after relentless gains over the past year and was ripe for a course correction
This particular technical indicator on the weekly charts suggests that the Nifty PSE, CPSE and PSU Bank indices could consolidate or dip in the near-term
The S&P BSE Smallcap index was down 1 per cent in intra-day deals on Monday as against a 0.3 per cent dip on the S&P BSE benchmark, the Sensex.
Stock market live updates on March 4, 2024: JSW Steel, Tata Steel led losses among largecaps after CLSA downgraded the two stocks to 'sell', reducing their target prices
According to an analysis by Fisdom, schemes like HDFC Small Cap, Axis Small Cap Fund, HSBBC Small Cap Fund, DSP Small Cap fund and Franklin India Smaller Cos Fund carry a relatively higher risk
Stock market highlights on Thursday, February 29: Among sectors, the Nifty Media index closed with losses of 0.76 per cent. On the upside, the Nifty PSU Bank index eked out gains of 1.8 per cent
On the global front, analysts expect the 'higher for longer' narrative as regards interest rates to play out for some more time as leading global central banks remain in a wait-and-watch mode
Stock market highlights on February 5: Among sectors, the Nifty Pharma, and Auto indices rallied over 1 per cent each
Stock market highlights on January 20, 2024: Among sectors, the Nifty IT, and FMCG indices fell 1 per cent each, while the Nifty PSU bank index added 1.9 per cent
Stock market highlights on January 19, 2024: The S&P BSE Indices will be calculated on Saturday, January 20, 2024 , which is declared as a special trading day by the exchange
Equity markets rallied the previous year on the back of hopes of the Federal Reserve cutting interest rates by March
Money received should be allocated to largecap funds and fixed-income instruments
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India. The results of the general elections will also be keenly watched'
New account addition slows to 3-year low despite debt tax change boost