All Nifty stocks end in the red
On the sectoral front, IT stocks bled the most, followed by FMCG and media counters. On the other hand, PSU bank stocks advanced the most
Change effective March 27; NSE also moves Vodafone Idea, Indiabulls Housing Finance out of Nifty Next 50, brings in Torrent Pharma, Adani Transmission
Bharti Airtel will be in focus after the Department of Telecom approved raising of foreign direct investment in the company to 100 per cent from 49 per cent allowed earlier
The latest outperformance in the broader market comes after two years of sharp underperformance vis-a-vis large-caps
Brokers say investors yet to buy the pitch of a broader market revival
Analysts say the market surge could be attributed to short-covering as traders had built a lot of shorts during Monday's heavy sell-off
Shankar Sharma tells Puneet Wadhwa in an interview that Sensex and Nifty are not representative of the entire market
Since September, FPIs have pumped in net amount of Rs 37,496 crore, while domestic mutual funds invested net amount of Rs 12,618 crore in equities, Sebi data shows.
Brokerages, online platforms are making foraying into foreign equities easier
United Bank of India, IOC, Bank of India and Yes Bank are set to announce their second quarterly results this week
Mid- and small-caps outperform benchmarks
Use two criteria for selecting an index fund. One is expense ratio, another criterion you should use is tracking error
The index had witnessed 10 per cent correction from June, 2019 and an upside of over 5 per cent in the past two sessions has strengthened the positive view on the technical charts
The S&P BSE Sensex on Tuesday tanked 642 points or 1.73 per cent to end at 36,481.09 while the NSE's Nifty50 settled at 10,818, down 186 points or 1.69 per cent.
Despite the churn, the private banks will still top the chart with a weightage of 26 per cent in the index, followed by the energy sector at 23 per cent.
Bajaj Finance and Bajaj Finserv have rallied 58% and 43%, respectively, while Asian Paints and TCS were surged more than 20% since January 29, 2018.
The three companies were being added as a substitute for Ambuja Cements, Aurobindo Pharma and Bosch; PNB has been excluded from the Nifty Mid-cap index
He was optimistic about country's medium- to long-term growth prospects
The move could see passive funds chasing the new entrants