Domestic SIP inflows emerged as a key source of retail inflows in equities, reaching Rs 130 billion in fiscal 2023 and is projected to reach Rs 153 billion in FY 24.
The S&P BSE Sensex fell over 650 points, while the NSE Nifty 50 shed nearly 200 points in intra-day trades on Tuesday, January 02.
Closing Bell on December 29, 2023: The BSE Sensex is ending calendar year 2023 with a solid gain of 18.8 per cent, and the Nifty50 with 20.1 per cent
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
Closing Bell on December 27, 2023: Healthy buying in HDFC Bank, Infosys, Bharti Airtel, Ultratech Cement, L&T, Tata Motors, ICICI Bank, SBI, Axis Bank, and M&M lifted the benchmark indices
Closing Bell on December 26, 2023: On the downside, the Nifty Media index fell 0.58 per cent, and the Nifty IT shed 0.4 per cent
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
Closing Bell on Thursday December 21: In the broader markets, the BSE MidCap and SmallCap indices outpaced frontline indices as they climbed 1.6 per cent and 1.69 per cent, respectively
Closing Bell on Wednesday December 20: Sectorally, the Nifty Media index tumbled 4.86 per cent, the Nifty PSU Bank index 4.2 per cent, the Nifty Metal 4 per cent
Closing Bell on Tuesday December 19: Among sectors, the Nifty FMCG index rose 1.4 per cent , followed by the Nifty PSU Bank (up 0.8 per cent)
Stock market LIVE updates on December 15, 2023: In the broader markets, the BSE MidCap and SmallCap indices were ruling 0.44 per cent and 0.65 per cent higher, respectively
Closing Bell on December 14, 2023: At close, the Sensex index stood at 70,514, up 930 points or 1.34 per cent, while the Nifty50 settled 256 points, or 1.23 per cent, higher at 21,183
Closing Bell on December 13, 2023: The broader market space remained upbeat with the BSE MidCap and SmallCap indices ending 1.06 per cent and 0.73 per cent higher, respectively.
A K Prabhakar, head of research at IDBI Capital, too remains selective and suggests investors exit power sector stocks such as REC and PFC where the run up has been sharp
Closing Bell on December 12, 2023: Sun Pharma, Maruti Suzuki, Titan, NTPC, Reliance Industries, L&T, M&M, IndusInd Bank were some of the top large-cap losers
Stock market highlights: After listing at a whopping 140 per cent premium, shares of Tata Technologies closed at Rs 1,326, which is 165 per cent higher against the issue price of Rs 500
Closing Bell on Wednesday, November 29, 2023: Among sectors, the Nifty bank, Auto, Financial Services, IT, PSU bank, and Private Bank indices ended higher in the range of 1 per cent to 1.5 per cent
The NSE Nifty may face some resistance around 20,130; above which the index can potentially hit a new all-time high soon.
Closing Bell on November 28, 2023: Adani Enterprises (up 9 per cent), Adani Ports (5.5 per cent), BPCL, Tata Motors, Coal India, ONGC, Bajaj twins were the top gainers
India's strong earnings, macroeconomic stability, and domestic flows make it a standout market, say analysts