Former HDFC AMC chief Prashant Jain’s 3P India Equity Fund 1 has comfortably beaten the Nifty 50 index in its first year, despite largely ignoring small and mid cap stocks. According to the latest data, as of 28 June, the category-3 alternative investment fund (AIF) delivered a 58.4% return since it was launched in May … Read more
Stock Market News: Amidst positive global cues, the domesticbenchmark indices, Sensex and Nifty 50, started Thursday’s session on a bullish note. The Sensex crossed 80,100 and the Nifty 50 approached 24,400. Early trading saw Sensex rise 245.32 points to 80,170.09 and the Nifty 50 rise 78.2 points to 24,402.65. Ahead of the quarterly report from … Read more
There are definite data points and trends that investors can look at to chart out their equity map during India’s moves in the elections. “Irrespective of election outcome, markets have delivered double digit returns during the election year,” says Feroze Azeez, Deputy CEO, Anand Rathi Wealth. View Full Image Nifty Before and After Lok Sabha … Read more