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Share Market Highlights 24 April 2024: Sensex gains 114 pts, Nifty settles above 22,400

Share Market Highlights 24 April 2024: Sensex gains 114 pts, Nifty settles above 22,400
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YES Bank, ZEEL, SBI Cards among 10 largecaps down up to 48% from their 52-wk highs; should you buy?

AMFI has recommended various means, such as rebalancing portfolios to increase the weightage of largecap stocks, and moderating flows into small and midcap funds.

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stocks crossing 20 sma: Cera Sanitaryware, SBI Cards, 5 other stocks cross 20-day SMA

Tata Teleservices (Maharashtra) demonstrated robust performance by crossing the 20 SMA on July 19, 2023. With its stock price reaching Rs. 80.95, surpassing the 20 SMA of Rs. 73.97, Tata Teleservices (Maharashtra) is a leading telecom service provider, offering a range of communication solutions.

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MCX, Bharat Forge, Axis Bank among 40 stocks where MFs raised stake in a year

Indian equities saw ferocious selling by foreign institutional investors (FIIs) amid the ongoing global economic concerns of crude and gas price hikes, rising inflation, and currency depreciation against the US dollar. Only in the first eight months of 2022 till August 31, FIIs have sold shares worth Rs 2.68 lakh crore in the Indian equity market.

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