Sensex

Stock market update

Stock market update: Second Term Calling…

The NDA led by the BJP came back to power for the second term on 23rd May 2019, this time with a bigger mandate as the BJP on its own won in excess of 300 seats. NIFTY touched an all-time high of 12,103 while SENSEX touched a high of 40,312. Both the NIFTY & SEXSEX …

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Indian stock market

It’s the time to choose

Frontline indexes have been inching up over the last month as the NIFTY touched an all-time high of 11,761 while SENSEX touched a high of 39,270. Broader markets have recovered marginally but insignificant given the fall over the last year. Polling for general elections is underway from 11th April & we expect markets to be …

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indian stock markets

Terorist attacks & counter attacks

Positive profit growth outlook, steady mutual fund flows, reasonable valuations & inflation trajectory remaining stable augurs well for the markets. Low IIP numbers & GST collections though remain a concern. Short term investors should remain cautious as markets could be extremely volatile in the next couple of months leading up to the election outcome but any intermittent volatility should be used as an opportunity by patient investors with medium to long term outlook to accumulate good quality stocks

share buyback

The share buyback spree continues…

A share buyback occurs when a company purchases some of its shares in the open market and retires these outstanding shares. This can be a great thing for shareholders because after the share buyback, they each will own a bigger portion of the company, and therefore a bigger portion of its cash flow and earnings. Big technology companies such as Infosys, TCS, Wipro, Tech Mahindra & HCL …

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cautiously optimistic 2019

Remain cautiously optimistic in 2019

Positive profit growth outlook, steady mutual fund flows, reasonable valuations & macro-economic indicators remaining stable augurs well for the markets. Short term investors should remain cautious as markets could be extremely volatile in the next couple of months but any intermittent volatility should be used as an opportunity by patient investors with medium to long term outlook to accumulate good quality stocks.

Indian equities 2018

2018- Reality check for indian equities

The year 2018 proved to be a tough one for Indian equities with the SENSEX clocking minor gains of 6% as against 28% in 2017. On the contrary the BSE 500 posted 3% negative return against a gain of 36% in 2017. For broader markets, the year proved a dampener as the BSE Midcap index plunged 13% and Small …

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Equity markets

Equity markets in election mood

Equity markets have largely been range bound over the last month between 10,200 and 10,800. Though frontline stocks have largely been in a range, mid & small cap stocks have continued on the downward trend. This has been specially been happening in PSU stocks. With Congress doing better than expected in the just concluded state …

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total return index

What is total return index?

The total return index (TRI) is a type of equity index that tracks both the capital gains and assumes that any cash distributions, such as dividends, are reinvested back into the index. Looking at an index’s total return displays a more accurate representation of the index’s performance. By assuming dividends are reinvested, you effectively account for stocks in an index that do …

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Equity markets

Panic sets in equity markets…

Equity markets have corrected over 10% the last month with USD-INR hitting new highs and crude prices scaling multi year highs. Rupee depreciated to above Rs.74/$ for the first time on 5th October 2018. Departing from the trend of the last few months, both large & mid-caps have declined last month driven by a sharp …

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Sensex crash

10 biggest single day crash in Sensex’s history

The Sensex has plummeted nearly 2525 points from October 1 to 11, 2018. In the first week of October, the BSE benchmark index plunged 1,851 points marking the biggest weekly fall in absolute terms. The biggest 2 day fall in SENSEX was recorded on January 21/22, 2008, when it dived 2,273 points. Here are the …

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