Page 4 - Devina Mehra News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Devina Mehra says: “We want to track the FII flows is because we think it determines the direction of the market. But if you actually look at data over years, over months, whatever cut you want to take, the FII flows have very little correlation with the market movement, in fact, none at all. I mean, this was the case even when the domestic mutual fund and the domestic retail investor community was not that large. ”

Credent Asset Managements Growth Portfolio multicap strategy topped the list, giving 24.3% returns in a month, according to data shared by PMS Bazaar.

Even as the Sensex and the NSE Nifty 50 are scaling new heights, the exciting story in the market continues to be elsewhere.

Devina Mehra believes that longer working hours don’t do anything to improve productivity but in fact quite the opposite of that.   

Mehra says it is generally believed that equity market compounds at a growth rate of 15-16 per cent; this is historically the long-term compounding that one saw since the BSE Sensex's inception