Stick to proven fund houses with at least a 5-year track record and see how they performed over market phases
Adani Enterprises (AEL) is pegged to replace Kolkata-based Shree Cement in the Nifty 50 index, a gauge for the performance of India's capital market
Coverage may improve as more funds start chasing the stock, say market experts
Employee costs rose over 12% in FY22, the fastest in 8 years
The latest gain comes on the back of easing commodity prices and supply chain issues
It is difficult to purchase such stocks during bull runs when their valuations turn exorbitant
Clarity on macro and monetary policy outlook in the US/India, it said, is the silver lining that could see markets bottom out by August/September 2022., it said
Experts said risk aversion among investors is due to scepticism over whether policymakers will be able to achieve aggressive monetary tightening to tame inflation without triggering recession
Benefits like low correlation, currency hedge, and access to unique businesses remain intact
Stocks to watch today: SBI and IDBI Bank have raised their interest rates on retail term deposits, subject to different tenors; LIC hiked stake in Hero MotoCorp to 11.2 per cent from 9.1 per cent.
The 100-WMAs hold the key for the Sensex and Nifty; Only a decisive breakdown of the same could mean medium-term bearishness for the benchmark indices.
Retirement fund also invests in CPSE index, which has been a laggard among ETFs
If bond yields continue to climb, Nifty valuations will have to lower to maintain the gap
Market players said this could be due to punching error where the trader sold 14,500 call options instead of 16,500 call options
Many have done worse on profitability
Analysts say AEL meets all requirements to make it to the benchmark index. Inclusion will be a big boost for the stock, resulting in passive inflows of $183 million
Christopher Wood, global head of equity strategy at Jefferies believes that S&P 500 has more room for downside. Investors, he suggests, should look to exit stocks on any intermittent bounce-back.
In the past one month, Nifty Next 50 index was down 14%, as compared to 7% decline in the Nifty 50 index.
India VIX indicates investors' perception of annual market volatility over the next 30 calendar days
New investors are better off picking diversified offerings