In this bearing market, one must hold on to fertiliser stocks, says market expert Pranav Sanghavi.
The small investors must heed the advice of mutual funds and remain invested.
The fundamentals of Indian companies still look good so the outlook for the future is bright, say analysts.
The outlook on inflation, interest rates, rupee and foreign inflows is not too encouraging. Corporate earnings growth is also likely to be muted in this quarter.
IndusInd Bank was the top laggard in the Sensex pack, cracking around 10 per cent, followed by HDFC, Maruti Suzuki, Axis Bank and UltraTech Cement. On the other hand, TCS, Infosys, ITC and HCL Tech closed with gains. NSE Nifty plunged 313.60 points or 3.43 per cent to 8,823.25.
Is there any one avenue, where your hard earned money will not only be safe, but also give you the maximum return?
The investment advisor isn't doing his job if he is promoting fairly tales of 'Sensex 15,000 points by Diwali' and advising you to make lump sum investments when markets are at all time highs.
Mutual funds (MFs) are investing in more stocks despite the recent volatility. The industry invested in 824 companies across the listed universe as of October, according to primemfdatabase.com. The S&P BSE Sensex hit its all-time high of 62,245 that month. The index has since corrected to 57,864, around 7 per cent below the peak.
Investors lost Rs 2 trillion as Sensex crashed on Tuesday.
The year saw India's biggest corporate fraud, falling earnings, stock market crash, job losses and soaring food prices which hit the common man
Given wild swings, investors are wondering where the metal market is going. There was a strong uptrend in industrial metal through much of the last three years due to fears of supply chain issues - first due to Covid-19 and then due to the Ukraine War. That uptrend broke down as it became apparent that global growth would moderate as inflation rose and Western Europe (the EU plus the UK) went into a near-recession and China was in a rolling lockdown.
The Wall Street crash brought down markets across the globe, with Hong Kong stocks falling almost 2 percent on Friday, on investors' fear that the bad US credit situation could blow into a full scale financial crisis.
Every cloud has a silver lining. The recent global economic slowdown too has reinforced the virtues of austerity. But you don't have to wait for that big stock market crash or the next big bank to go kaput to strengthen your financial immunity. Here are some tips to help you ensure your finances stay strong come hail or high waters...
Total market capitalisation of BSE listed firms stood at Rs 101.49 lakh crore on March 31.
In 30 days, there have been a flurry of ministerial pronouncements. It does seem that most ministers have taken seriously the prime minister's observation that this time there can be no excuses.
The Supreme Court on Friday said there should be a robust mechanism to ensure that the interests of Indian investors are protected in the stock market and sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani group's stock value.
The Latin American markets declined less than the other Asian countries.
She was utter perfection in the high-shine standout piece.
The surge in the stock market has failed to stem the trend of small-sized brokers shutting operations.
Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.
The stock market crashed on Wednesday, wiping off Rs 35,715 crore (Rs 357.15 billion) of investors' wealth, as the benchmark index registered its largest single day fall since the formation of the UPA government in 2004.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
US crude was down 25 cents at $52.08.
When it comes to the average assets under management among the top five mutual funds, there has been a shuffle in positions. While Reliance Mutual Fund has been able to maintain the number one position at Rs 700 billion, ICICI Prudential has been pushed to number four from second spot by HDFC Mutual Fund. ICICI Prudential was above HDFC by Rs 73 billion in January-end 2008. But at the end of December, HDFC's assets were up by Rs 48.79 billion over that of ICICI Prudential.
If you spread your investments and get exposure to many asset classes, then that is called diversification. Asset allocation is the process of allocating your money to different investments. And they offer tremendous advantages, says Rishi Piparaiya.
The Securities Appellate Tribunal chief Justice Kumar Rajaratnam has resigned amid controversy over the UBS Securities case relating to the stock market crash last year.
Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.
A bench headed by Chief Justice D Y Chandrachud declined the plea of advocate M L Sharma who mentioned the matter.
Leading trade and industry chambers on Monday urged the investor community to remain calm and said the economic fundamentals were strong and the stock market crash was a "panic reaction".
An investor would be better off concentrating on the job on hand than to spend a lot of time towards investments
'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.'
The meeting lasted for nearly two hours, sources said.
If you ignore market upheavals and stay the course, you end up making money, says Larissa Fernand
If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.