Page 4 - Large Caps News Today

Large-cap funds experienced an inflow for a second straight month at ₹306.70 crore, after witnessing ₹5,751 crore outflows since April

Equity markets have enjoyed a tremendous November rally that allowed the S&P 500 to break out of its downtrend pattern and retest the July 31st peak.

Apart from the comfort of valuations, large caps could benefit from the ongoing pullback in the market, owing mostly to the flight of foreign capital on the escalation of geopolitical tensions and other global worries.

Majority of selling was seen in Infosys, State Bank of India, Cholamandalam Investment and Finance, Bajaj Finance, and Mahindra & Mahindra

Mutual fund investors are concerned about investing in equity funds this Diwali due to the record high stock market and worsening geo-political tensions in the Middle East

​But what we do is we normalize those earnings which are more volatile in nature. Let me give you a small example. If there is a telecom company which is a part of mid cap index and it reports a loss of say Rs 60,000 crore last year, and if that loss comes to Rs 30,000 crore, suddenly you see that the headline mid cap earnings growth is looking very strong.

Ramkumar K, Chief Investment Officer at Reliance General Insurance, believes that discretionary consumption with strong brand appeal will perform well in the coming years as Indias per capita income grows. He mentions that the recent volatility in the markets is due to geopolitical concerns and rising crude oil prices. Ramkumar advises investors to watch out for flows, as they determine valuations in the short term. He also discusses the positive outlook for gold prices amid currency uncertainty...

“The greed and fear indicator suggests that today everybody wants to own mid, small, micro and nobody wants to own largecaps. Our sense is that the same was repeated in 2017, though today it is to a lesser extent. In 2018-19, we saw the broader markets correcting but the Nifty held on to where it was. ”

For traders looking to invest in US tech stocks, we have picked out the best US tech stocks in 2023. Check out our article to learn more about these stocks.

The rise of India’s manufacturing sector in the wake of China’s waning importance as the worlds factory is key to the former’s growth. This is bound to create more jobs in not just businesses that face consumers, but also in B2B industries.