Page 8 - Indian Stock Market

Modi risks wealth erosion as savers chase India stock rally

Equity mutual funds seeing record number of investors sign up

Markets reeling under problem of plenty? FPIs, MFs chasing same stocks

There is a scenario of demand mismatching the supply of some good stocks

Nearly half of stocks down 20% from 52-week highs

Nearly half the stocks in the broader market have come off more than 20 per cent from their yearly highs, even as the benchmark indices are only three per cent shy of new record highs. In the BSE 500 index, 91 per cent of India's market capitalisation, 199 scrips have lost 20 per cent or more from their highs as investors have turned wary, due to deteriorating fundamentals and lack of earnings growth.Similarly, 237 of 850 components in the BSE Small cap Index have lost more than 20 per cent from their one-year peak, with 80 of these plunging over 50 per cent.Analysts say benchmark indices could be hiding the pain and volatility the broader market is witnessing. The Sensex and the National Stock Exchange's Nifty are up 20 per cent this year and have seen almost no sharp fall, thanks to contributions by index heavyweights such as HDFC, HDFC Bank, Reliance Industries and ITC. Despite the underperformance from others, these constituents are propelling the indices to new highs. Analysts ...

GDP data, Cabinet rejig to steer markets next week: Experts

Markets may on Monday react to the US jobs data which came out on Friday

Duds of booming stock market win over $20-billion manager

Healthcare, technology are only sectors in red this year in India