Five of the top seven companies in the Sensex which account for 45 percent of the weight have given a return of 32.8 percent over the last year and 28 percent CAGR over a three year period.
The reason lies in the less-than-stellar performance of most mutual funds
These measures should gradually improve the flow of credit and nudge up growth, analysts have said.
Signs on the ground don’t point to a meaningful growth recovery. With prices posing no immediate threat, RBI has its task cut out.
One of the aims is to direct the much needed flow of investments to the country's infrastructure sector via debt instruments.
At present, there are more bets that the market will fall rather than go higher post elections.
Data suggests that global investors are only running a neutral position towards India and they are neither underweight nor overweight and we account for only 1% of the global equity index
Since February 19, foreign investors have bought close to Rs 46,000 crores into equity.
During the past week, the Sensex surged 1,352.89 points or 3.68 percent to close at 38,024.32 on Marc h 15.
The RBI would do well to actively intervene in the currency market to attain dual objectives of building reserves and keeping the rupee competitive for Indian exporters.
A series of negative news flows have not been able to push markets lower.
A probable reason why D-Street ignored the news could be because it is based on a discussion paper, the decision on which will be announced on March 29.
The Budget held out the promise of spurring consumption but investors were left with heartburn after riding the fine print
The Reserve Bank of India has recommended that investors should look at the voluntary retention route rather than expect its rules to be relaxed
The Nifty is likely to consolidate around 11,400 this week, says Amit Gupta of ICICIdirect
The widely followed Nifty 50 index is trading at just 5.2 percent lower than its highs, but the number of stocks touching new depths has been continuously increasing.
"The flows for this year in the first six months is negligible compared to last year during the same period. While last year FIIs invested net assets worth USD 8 billion in the first six months, this year the figure is a meagre USD 15 million (or USD 0.01 billion) until June 12, 2018. So, this year has been extremely unfavourable from FII flow perspective," said a report by Morningstar Investment Adviser.
The fund flow from FIIs has tracked this weakness into EM equities. While the quantum is still not very high but outflows are seen from most key EM’s during the week. From India, FIIs withdrew over the USD 3000 million.
As the Nifty has been absorbing global headwinds in the current up move, the upcoming quarterly results on the domestic front would be keenly watched.
F&O Cues: Nifty 10600 Call added 16.8 lakh shares in Open Interest while Nifty 10500 Put shed 8.5 lakh shares in OI.
Technically speaking short-term traders can retain positive bias as long as Nifty50 sustains above 10,498 levels on closing basis breach of which may again drag it down towards 10,276 levels, Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in said.
Investors are advised to stay bullish on markets as long as Nifty trades above its panic low of 10,276 recorded on Tuesday.
Maximum put OI of 60.7 lakh contracts was seen at strike price 10,500, which will act as a crucial base for February series.
The auction will be conducted on BSE's ebidxchange platform from 3:30 pm to 5:30 pm, after the close of market hours, the exchange said in a circular today.
According to the latest depository data, FPIs withdrew a net sum of Rs 12,626 crore (USD 1.96 billion) from stock markets during August 1-24.