Most market players, especially in the portfolio management services (PMS) industry, pitch themselves as providing value because they buy only around 15 stocks. This is also supposed to distinguish them from mutual fund schemes, which hold a large number of stocks. The question is: Is it possible to outperform with a diversified portfolio? And how…
Stock market today: Indian markets continued their stellar run for the sixth consecutive trading session on Monday, March 24, with Nifty 50 and Sensex surging another 1% each at the day’s highs, building on last week’s strong momentum. Positive domestic macroeconomic factors and easing concerns over valuations, especially in large-cap stocks, have brought optimism to…
Indian markets resumed their upward trajectory on Friday, rebounding from the heightened volatility triggered by the Union Budget 2024’s capital gains tax hike and an STT increase on derivatives. Despite less favorable global cues and foreign portfolio investors pulling out of Indian equities following the budget announcement, the indices staged a notable recovery. In today’s…
