Below the Quote on Markets by Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher
“Indian markets made a strong recovery today, shaking off early losses despite uncertainties tied to the upcoming US presidential election. The Sensex surged over 649 points, ending at 79,431.61, while the Nifty advanced 203 points to close at 24,198.30. Banking stocks led the comeback, with the Bank Nifty climbing over 1,300 points from its session low. Heavyweights like HDFC...
Quote on Markets By Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher
Below the Quote on AMFI Data by Pankaj Shrestha, Head - Investment Services, PL Capital - Prabhudas Lilladher
“In July 2024, equity inflows declined by 9% to Rs 37,113.39 crore, yet the positive trend continues for 41 months, reflecting strong investor confidence. Sectoral/thematic funds contributed Rs 18,386.35 crore, while Multi-cap funds attracted Rs 7,084.61 crore, indicating a shift in investor preference towards categories with higher alpha potential.”
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Quote on AMFI Data by Pankaj Shrestha, Head - Investment Services, PL Capital - Prabhudas Lilladher
Indian benchmark indices inched higher on Wednesday, following positive global cues.
At 9:50 a.m., Sensex was up by 162 points or 0.22 per cent, at 72,266 points and Nifty was up by 76 points or 0.34 per cent, at 22,293 points.
In early trade, Midcap and Smallcap outperformed benchmarks. The Nifty midcap 100 was up by 427 points or 0.85 per cent, at 50,652 points and the Nifty smallcap 100 was up by 152 points or 0.93 per cent, at 16,518 points.
Among sector indices, buying is in aut...
Sensex up 162 points after opening flat
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