Weekly Musings – Index performance for week ended May 24, 2024
Almost all the key sectors ended the week in the positive, but the markets are surely defying logic
Stay updated with breaking news from Nifty Next. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Almost all the key sectors ended the week in the positive, but the markets are surely defying logic
The market capitalization of Indian listed companies on NSE surpassed USD 5 Trillion (Rs 416.57 trillion) on May 23, 2024. On the same day, the Nifty 50 Index touched an all-time high of 22,993.60 The Nifty 500 index also touched an all-time high of 21,505.25 today indicating that growth in equity market is not restricted…
For large-cap exposure, a passive strategy is the way to go. And in that, the Nifty50 is a sufficiently good option.
Oil & gas and autos were the stars of the week, even as banks mirrored the Nifty and Sensex gains