The BSE benchmark Sensex rose 192 points to end at 39,250 on Sunday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2076.
HSBC Midcap Equity Fund is the latest fund to hit the 'mid cap diversified equity fund' space.
EM asset classes could rally if the pace of US Federal Reserve rate increases moderates.
'They should decide their allocation based on their risk appetite and age, and not valuations.'
Infosys was the top gainer in the Sensex pack, rallying around 7 per cent, followed by TCS, IndusInd Bank, ONGC, HDFC Bank and HCL Tech. On the other hand, ITC, Bajaj Finance, Kotak Bank and Sun Pharma finished in the red.
Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.
Incremental FII flows will now target quality mid-cap companies, with good earnings visibility.
Inteview with Senior vice-president (equity research), Anand Rathi
At the BSE, 1,879 companies declined, while 685 advanced and 131 remained unchanged.
The stock market continuously throws up opportunities.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
Drop in the number of schemes is less than 3%, despite merger of 38 schemes between Sept 2017 and May this year
History has shown that cyclical stocks (capital goods, metals, banking, infrastructure, etc) are some of the best performing stocks in an up-cycle.
A large proportion of passive funds has beaten actively managed large-cap funds with average one-year category returns for large-cap at 10.2 per cent
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
Devangshu Datta believes you should pick stocks trading at much lower valuations than the market average.
Many are now hoping the markets remain in good stead as they look to finalise the dates for IPOs, such as UTI MF, Computer Age Management Services, Happiest Mind, and Angel Broking. Most of the issues are expected to come to the market in the second half of September.
On the Sensex chart, Bajaj Finance, Bajaj Finserv, HCL Tech, Tech Mahindra, Infosys, HDFC Bank and ICICI Bank were among the prominent gainers.
Banking on upturn in Indian economy, foreign brokerages upgrade Sensex targets.
There is little time left for investors to finalise their tax-saving investments. As far as the risk-taking investor is concerned, its about time he tied up his investments in tax-saving funds.
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
The growth was led by family-owned companies and business groups with presence in pharmaceuticals, information technology services, and consumer products.
These include Adani Enterprises, BEML, TVS Motor, KEC International, Sintex Industries, Ceat and Suzlon Energy.
Over longer time horizons, which are ideal for evaluating equity funds, conventional funds are a much better bet. \n\n
Benchmark indices increased for the fourth consecutive day amidst volatile trading and expiry of the Feb F&O contracts.
Citing the impact of the second wave of the pandemic over the economy and consumer sentiment, Swiss brokerage Credit Suisse has lowered its nominal GDP growth forecast by 150-300 bps to 13-14 per cent, but expects a stronger recovery in the second half as it sees the lockdowns having limited impact on tax collections. Last month, Neelkanth Mishra, the co-head of equity strategy for Credit Suisse Asia Pacific, and India equity strategist, had told PTI that he expected the real GDP to fall to 8.5-9 per cent in FY22 due to the more severe pandemic attack. The virus case load has crossed the 25-million mark, death toll from the same is nearing 2.9 lakh mark, which is one of the highest in the world as the test positivity rate has been around 15 per cent for long.
The silver lining is that after two years, e-commerce has emerged as the top sector with $689 million in investments across 15 deals, accounting for 43 per cent of all investments in January 2021.
The good times continued unabated for mutual fund investors in June 2005. Popular indices like the BSE Sensex and S&P CNX Nifty touched record highs.
Kotak Bank was the top laggard in the Sensex pack, shedding over 2 per cent, followed by ITC, PowerGrid, M&M, HDFC, Asian Paints and NTPC. On the other hand, Maruti rallied over 4 per cent. Bharti Airtel, Axis Bank, IndusInd Bank and Bajaj Finance were also among the gainers.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.