Stay updated with breaking news from Nifty 200. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares pledged by promoters of companies listed on the National Stock Exchange hit an all-time low. Why? swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Stocks favoured by rich Indians poised to defy market selloff SECTIONS Last Updated: May 04, 2021, 07:16 AM IST Share Synopsis A custom basket of 30 stocks with retail ownership of at least 20%, favoured by wealthy individual investors, has outperformed the Nifty 200 index by 7% this year, according to Gaurav Patankar and Nitin Chanduka. iStock Related By Ronojoy Mazumdar India’s ultra-rich are fleeing the country as the world’s second-most populous nation deals with a deadly wave of the coronavirus pandemic, but that is unlikely to push wealthy investors to dump their stock holdings, according to Bloomberg Intelligence. “Despite lower trading activity, our analysis shows that stocks with high retail ownership don’t appear to be at a risk of a sell-off,” Gaurav Patankar, head of EM Equity Strategy, and Nitin Chanduka, strategist, said in a note. ....
ET Intelligence Group: About two thousand years ago, philosopher-king Marcus Aurelius had told his Roman subjects to just ‘go with the flow’. It is still the best strategy to make money in stocks. Data show that more often than not, swimming against the tide might yield subpar returns. Historical yields on the momentum index a gauge that captures the performance of stocks in favour have generally exceeded those of the broader markets. The Nifty 200 Momentum 30 index an index tracking the performance of 30 high momentum stocks of the Nifty 200 universe has delivered 17.7 per cent annually in the last decade, compared with 9.5 per cent of the Nifty 200 index, data showed. ....