Top 49 PMS schemes deliver over 50% returns in 2023; portfolio managers share their secret mantra

Top 49 PMS schemes deliver over 50% returns in 2023; portfolio managers share their secret mantra

Almost all portfolio management schemes (PMS) generated positive returns for their rich investors in 2023. The performance came at a time when the BSE Sensex advanced 19 per cent during the year. On the other hand, broader indices BSE SmallCap and BSE MidCap surged 48 per cent and 46 per cent, respectively. With a return … Read more

Top wealth creators: These 10 PMS strategies for HNIs made solid money in November

Top wealth creators: These 10 PMS strategies for HNIs made solid money in November

Select portfolio managers on Dalal Street generated robust alpha for their high net-worth clients in November, when the benchmark equity index BSE Sensex gained 4.87 per cent. On the other hand, the BSE MidCap and BSE SmallCap indices surged 9.64 per cent and 9.35 per cent, respectively, during the same period. With a return of … Read more

This small-cap PMS scheme delivered over 56% returns in just 6 months. Here’s how

This small-cap PMS scheme delivered over 56% returns in just 6 months. Here’s how

Over the last six months, small-cap investments have generated significant wealth for investors. While the benchmark index BSE Sensex saw a modest 4.52 per cent rise from May to October, the BSE MidCap and BSE SmallCap indices witnessed substantial rallies, surging by 23 per cent and 28 per cent, respectively, in the same period. Notably, … Read more

Worried about the Israel-Hamas war? Anand Shah of ICICI Prudential AMC talks about the investment strategy to follow now 

Worried about the Israel-Hamas war? Anand Shah of ICICI Prudential AMC talks about the investment strategy to follow now 

The ongoing war between Israel and Hamas, which began on October 7, remained on top of market participants’ minds through the week. After falling more than 450 points in a knee-jerk reaction on Monday (October 9), the benchmark equity index BSE Sensex settled 0.43 per cent, or 287 points, higher at 66,283 for the week … Read more

Stocks to buy today: BHEL, Bharti Airtel among top 9 trading ideas for 26 June 2023

Stocks to buy today: BHEL, Bharti Airtel among top 9 trading ideas for 26 June 2023

The Indian market is expected to trade higher on Monday tracking positive global cues. The 30-share BSE Sensex fell 259 points to settle at 62,979, while Nifty was down 105 points at 18,665 on Friday. India VIX was down 3% from 11.55 to 11.23 levels on Friday. Lower volatility keeps the market choppy within a … Read more

Sensex derivatives turnover scales record high of Rs 6.06 lakh cr

Sensex derivatives turnover scales record high of Rs 6.06 lakh cr

The turnover of derivatives in BSE Sensex scaled a high of Rs 6.06 lakh crore on the weekly expiry of Friday to post highest single-day turnover in the exchange. In the options segment, the turnover was Rs 6.06 lakh crore, and Rs 61 crore in futures segment. The turnover jumped 77% from previous week’s expiry … Read more

Data | Contextualising the rise in retail investments in stock market

Data | Contextualising the rise in retail investments in stock market

In June 2022, when Dalal Street witnessed a significant bear-run as stock market indices – Sensex and Nifty – reached their 52-week lows and foreign portfolio investors continued their selling spree, Finance Minister Nirmala Sitharaman dubbed India’s retail investors as ‘shock absorbers.’ In the Data Point published on December 29, 2022, The Hindu explained how … Read more

Fundamental Radar: 5 reasons which make SBI an attractive buy at current levels; re-rating possible

Fundamental Radar: 5 reasons which make SBI an attractive buy at current levels; re-rating possible

(), part of the S&P BSE Sensex index, has been on buyers’ radar recently amid an uptick in credit growth, improved net interest margins (NIMs) as well as steady asset quality. The stock has rallied more than 40% from March 2022 lows to hit a fresh record high of Rs 622 on 7 November 2022. … Read more

M-cap of BSE-listed firms hits fresh all-time high of Rs 283 lakh cr

M-cap of BSE-listed firms hits fresh all-time high of Rs 283 lakh cr

The market capitalisation of BSE-listed firms reached a fresh all-time high of Rs 283 lakh crore on Friday as equities continued to rally for the second straight session. The 30-share BSE Sensex climbed 104.92 points or 0.18 per cent to settle at 59,793.14 after hitting the 60,000-mark in intra-day trade. The market capitalisation of BSE-listed … Read more

The week that was: Zomato, Nykaa continue to bleed, Sharda Cropchem zooms 58%

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New Delhi: The domestic equity market continued to bleed due to sharp profit booking and heavy FII outflows, for the second straight week. The broader markets were hit harder. Hawkish commentary from the Federal Reserve, elevated crude oil price, rising geopolitical tensions and persistent selling from the FIIs kept the trades on toes. Back home, … Read more