Elections are around the corner and results of 5 States will set the tone for the upcoming general elections and can make markets nervous in the short term, says Divam Sharma.
(CTN News) - As the 15th day of the Israel-Hamas conflict begins, tensions in the Middle East remain high, especially in the wake of the bombing of a hospital
"The opportunity in the IPO segment depends on market sentiments and the number of IPOs. The recent correction in the Indian market was anticipated and is considered a healthy one. The rise in the Dollar index and US Bond Yields is impacting equity markets globally. The RBI is expected to keep rates stable for the next six months. Despite the overvalued market, there are attractive opportunities in specific companies and sectors."
But in the smallcap category, one of the best-performing funds has been Aequitas Investments “India Opportunities”, giving more than 3% returns in September, and a staggering 82% over a 1-year period.
FIIs are on a continuous selling spree. The buying DII activity might not be enough to neutralize the net FII selling effect, says Divam Sharma of Green Portfolio.