Page 104 - Sensex

Does 30,000 on the Sensex really matter?

STREET FOOD30,000 is a nice round number. The BSE exchange's benchmark index, the Sensex, closed above this level for the first time in history last week. There have been calls for celebration and caution at the same time. Is this a significant milestone? If you look at the previous two 10,000-point milestones on the index, I don't remember Mt 10,000 as much as I recall 20,000. The latter peak is etched in memory because of the euphoria it came with and painful fall that followed. One needs to google to find 10,000 was crossed sometime in February 2006. Though a big event at the time, the index would rush past so many milestones in the next two years that 10,000 has faded in public memory. Which of its two predecessors is the third 10,000 to follow? Maybe what happens in these weeks and months after 30,000 would determine the significance of the landmark. Seasoned investors do not care as much about the milestone as the journey itself. "I am not a big believer in the notion of the ..

Sensex hits 30,000: Should you book profits, hold or enter now?

Mid- and small-caps have turned expensive. Further investments should be staggered

Size doesn't matter in market rise: BSE Sensex vs mid-caps and small caps

Mid-cap and small-cap indices have outperformed the Sensex's 13% year-to-date gains by a big margin

Sensex at record high but it is hard to justify current market valuations

Needless to say, it is time to be cautious.

Sensex at 30,000: Where are the markets headed? Experts decode

The S&P BSE Sensex etched a record and breezed past the 30,000 level on Wednesday to settle at an all-time high of 30,133, up 0.6 per cent or 190 points. The Nifty50 index, on the other hand, also closed at a new high of 9,351 levels, up 0.5 per cent over its previous close. From its recent closing low in December 2016, the S&P BSE Sensex has gained over 4,300 points, or around 17 per cent thus far, and is the top performing market globally. The rally in the mid-and small-caps has been even sharper with the NSE Mid-cap and NSE Small-cap surging nearly 32 per cent and 36 per cent, respectively during this period. Among sectors, realty, consumer durables, capital goods, banks and oil & gas sectors gained 24 - 64 per cent.A Union Budget sans negative surprises, gush of liquidity from foreign and domestic investors, outcome of elections - assembly polls (at the domestic level) and French election (at the global level) - coupled with earnings surprise from select index ...

Thin markets

RIL, L&T, HDFC Bank, GAIL and HDFC - have been major drivers for Sensex during the year

Sensex scales record high, hits 30,000

Strong macro, robust flows, positive global cues spark rally; Q4 earnings to determine future course

India nears $2-trillion market capitalisation club as Sensex crosses 30k

BSE benchmark hits 30,000, m-cap just 3% shy of milestone; only 8 other markets are worth more

Size doesn't matter in market rise

It is irony that the S&P BSE MidCap and SmallCap indices ended in the red on a day when their larger peer, the benchmark S&P BSE Sensex, made a record by closing above the 30,000-mark. That apart, these two indices, representing mid-cap and small-cap companies, have delivered astonishing returns since mid-2014, outperforming the Sensex by a wide margin. In fact, say experts, there was far more money made outside of the Sensex stocks. The BSE MidCap and BSE SmallCap indices itself have returned 22 per cent and 27 per cent gains, respectively, in only 2017 (year-to-date; see table). Of the 85 constituents of the BSE MidCap index, only seven are in the red on a year-to-date basis. The top performers -- Sun TV, Jindal Steel & Power, Adani Enterprises, Indiabulls Housing Finance, Bajaj Finserv -- are up by 54 to 86 per cent during this period. While there isn't any clear sectoral bias driving the mid-cap and small-cap stocks, many sector-representing indices are also among the .

Sensex at 30,000: Check out the 10 baahubali stocks of this rally

Total market valuation of BSE-listed companies touched record high of Rs.125.53 lakh crore

United Spirits, Cairn to move out from Sensex Next 50 index

Petronet LNG and Havells India will be included in the index in their place

Sensex falls ahead of main company earnings this week

The S&P BSE India Realty Index rose 8.8%, to its highest level last seen in August 2014

High-beta stocks turn high-flyers as market surges

The surge in the market in the past year and hope of a further rally has put the spotlight back on high-beta stocks. Beta is a measure of a scrip's volatility or price risk. A beta of one means the scrip move in line with the market; higher than one means the volatility is more than the general market. if a stock's beta is 1.2, it's theoretically 20 per cent more volatile than the market.Three-fourths of stocks from the BSE 500 pack with a beta greater than one have outperformed the benchmark 30-share Sensex. On the other hand, only about half the stocks with a beta of less than one have edged past the index. The 91 stocks with a beta of more than 1.5 have yielded average returns of 55 per cent in the past one year, compared with 15 per cent given by the Sensex. Sixteen of these stocks have more than doubled investors' wealth in this period. The group of 174 stocks with a beta of between one and 1.5 gave an average return of 41 per cent; the prices of 11 of these more than doubled. ..

Sensex posts worst weekly loss of year

The 50-share NSE Nifty slipped below the 9,200-mark

A third of Sensex companies may report drop in profits

Nearly one-third of Sensex 30 companies are likely to report a drop in fourth quarter profits

Sensex jumps ahead of economic data, Q4 results

Stocks remained on the frontfoot as the Sensex on Tuesday sprinted 213 points

Syria strikes: Sensex plunges 221 pts, Nifty drops below 9,200-mark

Indian markets posted their biggest single day drop in nearly two weeks after US missile strikes against Syria spooked investors. The move triggered a risk off sentiment among global investors with stocks slipping and gold and bonds inching up on safe haven buying. Indian markets, however, were among the worst-performing global market on Friday with the benchmark Sensex and Nifty both dropping 0.7 per cent each. Market players said the global developments triggered profit-booking in stocks that had seen sharp gains in recent weeks amid fears of earnings disappointment. Reliance Industries dropped 2.3 per cent, Tata Steel fell nearly two per cent, while ICICI Bank and State Bank of India (SBI) fell over a per cent each. The NSE VIX index, a gauge for market volatility, rose nearly four per cent.On Friday, foreign institutional investors (FIIs) sold shares worth around Rs 260 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 415 crore.Despite, the ...

Faster earnings could propel Sensex ahead of Dow Jones

Sensex companies' earnings expected to grow by 27 per cent in current calendar year

BSE Sensex closes marginally lower as RBI holds policy rate

The markets retreated from record highs on Thursday

V-Shaped gains for the Sensex

The Sensex has rallied 30 per cent in the past 13 months