Heightened volatility and lacklustre returns continue to make a dent in retail participation in the equities cash market segment. The percentage of retail participation in the average daily turnover in the National Stock Exchange's (NSE's) cash segment has come down to 40.8 per cent in February 2023, from 52 per cent a year ago. At the peak, retail investors accounted for nearly two-thirds of cash market volumes in July 2020.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
'We are not entirely out of the woods.' 'The broader trajectory remains tentative.' 'However, we may expect some near-term bounce.'
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
Historically, March has been a volatile month for Indian equity markets. To begin with, it marks the end of a financial year, wherein there is some compulsive portfolio rebalancing trade by large funds - domestic and foreign. Retail investors, too, prefer to 'cash in' on their gains and losses before the financial year runs out.
Investors on Friday became richer by over Rs 1 lakh crore, with benchmark Sensex witnessing 460-point rally amid easing concerns over the US tapering.
Market experts say booking profits could be unwise. If you are nervous, go for dividend-yield stocks.
Index heavyweights were the top losers along with bank shares.
Besides investors booking profits at higher levels, a weak earning by JSPL triggered selling.
The wide-based NSE sensitive index is currently hovering around 7,900.
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.
Yes Bank was the biggest gainer in the Sensex pack, rallying 4.06 per cent. Other gainers were Coal India, Infosys, PowerGrid, Vedanta, Reliance, TCS, HUL, ONGC, HCL Tech, IndusInd Bank, HDFC Bank and Asian Paints, gaining up to 2.72 per cent.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Bank Nifty has recovered nearly 300 points at 10,968 from intra-day low of 10,669 touched in early morning deals.
FY16 saw the highest number of new product launches in a year from Maruti
The National Stock Exchange, the country's largest bourse, entered a strategic relationship with CNBC-TV18 under which the latter would broadcast trading and other trading related information live through its channels.
The 30-share BSE Sensitive index or Sensex slipped below 13,000-mark. At 1450 hrs, Sensex was down 526 points at 12,936. a loss of almost 4 per cent compared to Thutsday's close.
Thereafter, the circuit triggers would be determined as per Sebi's latest direction of daily calculation.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Hong Kong has regained its spot as the world's fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory's market capitalisation stands at $4.9 trillion versus India's $4.75 trillion, according to data compiled by Bloomberg. In January, the domestic equity markets' market capitalisation had surpassed that of Hong Kong following a spectacular rally in the small- and midcap stocks.
The regulator is unhappy with the exchange in the market crash case that occurred in 2012.
Tata Steel was the biggest gainer in the Sensex pack, rallying 5.78 per cent; followed by Yes Bank, NTPC, L&T, Axis Bank, SBI, M&M, HDFC twins, Vedanta, HUL, PowerGrid, ICICI Bank, Kotak Bank, HCL, TCS and ITC, gaining up to 3.79 per cent.
After sinking 586 points during the day, the 30-share index ended 503.62 points, or 1.29 per cent, lower at 38,593.52. The broader NSE Nifty plunged 148 points, or 1.28 per cent, to 11,440.20.
Though the markets have lost ground since the past few sessions, analysts do not seem worried.
Among the Sensex 30 stocks, new entrant Sesa Goa soared 22 per cent to Rs 187, while TCS rose 11 per cent to Rs 2,023.
The BSE barometer, which had lost over 415 in the previous trading session, today moved up by 461.14 points at 14,944.97. Similarly, wide-based National Stock Exchange index Nifty rose by 130 points at 4,482.30. It touched the day's high of 4,558.00 and a low of 4,358.30 points.
Metal shares were the top gainers with Hindalco up over 5%.
Overnight, the Wall Street closed on a flatter note.
The Sensex tumbled to its biggest fall in nearly seven weeks on concerns over deepening tensions between the Left parties and the Congress on the Indo-US civil nuclear deal.
tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
Boosted by a rally in stocks, total market valuation of listed companies at the National Stock Exchange hit the Rs 100 lakh crore-mark on Wednesday.
Deven Choksey, managing director of broking firm, K R Choksey Investment Managers shares his concern about 'trading stoppages' with Rediff.com's Prasanna D Zore.
Investors continue to make losses on investments.
Mutual funds, as experts and custodians of another set of retail investors' savings, play a speculative game they are neither supposed to nor equipped to do, cautions Debashis Basu.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
SIP top-ups are especially beneficial for young investors, who may start with a small SIP installment and grow it over their working careers, says Dwaipayan Bose.