Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Since the Budget announcement on July 5, FIIs have been busy unloading their stock.
The broader market outperformed the benchmark indices as focus shifted to value buying in mid-cap and small-cap shares after the sharp gains on Friday. The Sensex was down 31 points at 17,399 and the Nifty closed flat at 5,278.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
Investors sinking lump sum money in equities seem to have applied the brakes.
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
The market breadth was weak. Out of 2902 stocks traded on the BSE, there were 1116 advancing stocks as against 1660 declines.
The market breadth was weak. Out of 2873 stocks traded on the BSE, there were 1311 advancing stocks as against 1446 declines.
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. These stocks account for 94 per cent of India's total market capitalisation.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
Out of 2948 stocks traded on the BSE, there were 1008 advancing stocks as against 1836 declines.
...helped by a Wall Street rally after the US Federal Reserve yesterday pledged to keep US interest rates low at least through mid-2013.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
The Nifty ended at 5833, down 34 points.
The Nifty dropped 10 points to close the day at 5,874.
The Nifty ended at 5650, up 23 points. The market breadth was positive. Out of 2964 stocks traded on the BSE, there were 1768 advancing stocks as against 1073 declines
The weakness in the rupee and broader markets has led to evaporation in the market cap.
Out of 3018 stocks traded on the BSE, there were 956 advancing stocks as against 1946 declines.
The NSE Nifty settled with a loss of 29 points at 5,526.
The Nifty lost 45 points to settle for the day at 5,348, up 19 points from the day's low of 5,329.
The Nifty shed 18 points to end at 5,420.
Nifty shed nine points to close at 5,541.
The benchmark indices surged by as much as 9% during the past week till Thursday to post their highest returns in 21 months, buoyed by the upbeat sentiment on the global market front.
The market breadth was negative. Out of 2940 stocks traded on the BSE, there were 1392 advancing stocks as against 1449 declines.
The Nifty ended at 5452, up 35 points. The market breadth was marginally positive. Out of 3085 stocks traded on the BSE, there were 1505 advancing stocks as against 1413 declines.
The broader markets underperformed; the midcap index ended at 6662, down 133 points and the smallcap index ended at 8131, down 193 points.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
The European indices, including the FTSE, CAC and DAX, had trading in a directionless manner in the middle of the day.
The Nifty ended below the 5700 mark at 5691, down 33 points.
The IT index had a cracker of a time to spurt around 2% and emerge as the leading gainer on the BSE.
The Nifty is down 33 points at 6,046. Earlier the day, the Sensex had opened in the green but quickly pared its initial gains on back of selling pressure in banking and auto shares.
