In a scenario where we witness continuity in the government, it s likely that FIIs will return. They ve been selling and feeling the impact of it, thus being major underperformers compared to domestic mutual funds or overall domestic funds during this rally.
231 smallcaps suffer double-digit losses as investors sell in May . Will they come back in June? The stock market cliche of sell in May and go away proved true this year amid general election uncertainties. Concerns over BJP s election performance and significant volatility affected investor sentiments. Benchmark indices like Sensex and Nifty experienced slight declines.
With markets extending its bullish momentum in the new financial year FY 25. How much can the benchmark index Nifty 50 surge this financial year with the focus on upcoming elections as well as hopes of a rate cut in the latter half? Here s what analysts predict.
In the last five days, Johnson Controls-Hitachi Air Conditioning surged 15.82% while Voltas and Blue Star rose 8.82% and 5.59%, respectively. Whirlpool of India and Amber Enterprises gained 9.88% and 0.33% respectively. The benchmark Nifty was almost flat in the same period.
With the March quarter earnings and elections as the next major trend, let s analyse between Nifty Bank and Nifty IT, which sector has better long-term investment opportunities.