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
The NSE Nifty50 has strong supports placed around at 20,920 and 20,750 levels. Meanwhile, the broader indices are seen testing support at respective 20-DMAs, show charts.
Book profit if you have become overweight after the recent run-up
Nifty ascends 5.5% in November, marking its strongest increase in 16 months
Investors who can't set up and rebalance a diversified portfolio could consider hybrid funds
The net folio additions in direct plans in the five-month period (April-August 2023) is 40 per cent higher than the total additions made in the previous six month period
Motilal Oswal MF was the first to launch a passive microcap fund. The index fund tracks the Nifty Microcap 250 Index
India has been substituting expensive crude oil with cheaper imports. This has helped keep inflation-related concerns triggered by rising oil prices at bay
The Nifty50 rose 3.5 per cent in June, while the small- and mid-cap indices surged between 6 per cent and 7 per cent
The brokerage expects manufacturing, technology, and banking & financial services to outperform.
The S&P BSE Small-cap and Midcap indices have surged around 6 per cent and 4 per cent, respectively, as against a 2 per cent gain on S&P BSE Sensex so far in FY24.
CLOSING BELL: The S&P BSE Sensex gained 732 points from the day's low, while the Nifty 50 jumped 218 points in intra-day trades, partly on account of short-covering owing to the monthly F&O expiry.
Among individual stocks, Union Bank of India has soared 44% so far in November. Bank of India, Amara Raja Batteries, Redington and Jindal Stainless have also logged strong gains.
Large-cap companies are known to weather the market storm better, while smaller stocks tend to fall more during volatile market conditions