After a long time large-cap stocks were able to make a comeback and that led the Nifty to a new highs, twice last week.
Markets continued their relentless march upward with the Nifty hitting the 10,900 mark and the Sensex surpassing 35,500 levels.
S Krishnakumar is chief investment officer (equity) of Sundaram Mutual Fund and has over 20 years of experience in the Indian equity market.
Market participants have a diverse set of expectations from the upcoming Union Budget, largely in tune with their wish lists presented to the finance ministry. Obviously, all that may not find a place in the last full budget of the Narendra Modi government.
A post graduate in marketing and finance, Abhinav Angirish started his career with an MNC bank as a relationship manager and after a stint there he joined a top private bank as a relationship manager for high networth clients. Within four years, he mobilised over R
From the way 2018 began with a mid-cap underperformance, it seems phrases like “southward correction”, forgotten by the Street in 2017, would be remembered often this year. Surely, a corrective phase is tough to live through, especially when one’s mind is vexed over the notional loss suffered.
After a gain of more 28 per cent in 2017, how much can the Nifty gain in 2018? This is one question bothering all the hopefuls in the market. Back to back gains of this magnitude have never been seen in the market. Then, there is always a first time.
As 2017 comes to an end and commodity market investors and other stakeholders start looking at 2018 with new hopes, vigour and vitality, the Securities and Exchange Board of India (Sebi) has come up with possibly the most significant and fundamental change in the market – giving its nod to the co
2017 was the year of base metals. Most base metals hit multi-year highs, several times in the year. While precious metals and crude oil also made positive gains, base metals stole the show among non-agri commodities.
The year 2017 has been a spectacular one for equity investment. The Sensex touched a new high of 34,000-plus and has gained 28.77% in 2017. Mid-cap and small-cap stocks fared even better. The BSE Mid-cap Index rose 48.8% in the calendar year while Small-cap Index surged 58%.
With New Year at the door, analysts are not overly enthusiastic about the equity market’s prospects in 2018. What occupies their mind right now is uncertainties ahead over corporate earnings revival, interest rate hikes from the US Fed, state elections and rising inflation in the new year.
Equity investors are in the constant quest for a sector that will fetch them extraordinary returns. The trouble is, only one or two such sectors are born in a decade, and the great returns from them go unmistakably to the private market first.
The year 2017 has been a phenomenal one for stock investors. The year has given them a bountiful return of more than 26 per cent regardless of policy reforms that threw the economy off balance and global uncertainties that made for edge-of-the-seat suspense.
After long, engineering and construction stocks related to basic infrastructure development are seeing some traction in the market. What is bringing investors back to these stocks is the huge bid pipeline seen in road and highways, riding on giant projects like Bharatmala.
After a strong gap-up opening the week before, the market spent most of the last week in consolidation. For four days, the Nifty moved in a range of 100 points, but the market breadth was then largely positive.