Best month in terms of advance-decline ratio for Nifty 500despite headwinds such as rising covid-19 infections, India-China standof and ratings downgrade by Moody's Investors Service
Gloomy economic narrative does not justify stock market highs
At current level, index valuation 18% lower than its record high price of 30x in June 2019
Better the confirmation, stronger the view. It is wise to wait for the next session to give an appropriate confirmation. A green close suggests upward rally and a red close indicates weakness.
Nearly 40% of the schemes underperformed the Nifty
A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%
The rally has been underpinned by sharp gains in banking stocks. The Bank Nifty index has rallied 9.9 per cent in the past two sessions
The Bank Nifty declined 2.6%, with several big names posting losses in excess of 4%
Credit to MSMEs, suspension of IBC proceedings weigh on sentiment
The Sensex surged 483.53 points or 1.54% to close at 31,863.08, a six-week high. The Nifty advanced 126.60 points, or 1.38%, to settle at 9,313.90
Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa
Moving money from equity to debt in the last stages of any financial goal ensures that the corpus does not erode suddenly due to a fall in the stock market
Investors were left disappointed after Prime Minister Narendra Modi in his video message refrained from offering any measure to help repair the economy
Indian indices fall 4%; gloom prevails in other global markets also after Trump's dire warning
Meanwhile, foreign portfolio investors (FPIs) have pulled out net of Rs 55,007 crore (approx. $7.4 billion) from Indian equities in March 2020
The Sensex gained 1,028 points to end at 29,468, while the Nifty50 gained 317 points to end at 8,598
Of the 143 stocks from the F&O segment, 10 have seen their market price more than halve in the March F&O series.
In Nifty 100, Adani Transmission will replace Yes Bank, while in Nifty 500, Sterling and Wilson Solar will be added
Nifty hit lower circuit in opening session, halting trade for 45 minutes. Indices see sharpest recovery; Sensex rebounds 5,000 pts from day's low.
Weaker crude indicates oversupply and could be supportive of margins; howeverm if the weakness is demand-related, it could have the opposite effect on margins