General investors, despite the recent announcement of an upward 8% jump in the main index
Ahmedabad. October 30, 2019, Monday
Despite the government's announcement of other measures, including a reduction in corporate tax, the stock market's major indices reported a jump of up to 5 per cent last week, but there is no relief for ordinary investors.
According to analyst circles of the market, large-scale holdings of stocks holding mutual funds, FPIs and LICs, which saw large holdings in stocks, have seen improvement during the boom seen in the market last week. But the small-midcap stocks that hold large holdings of common investors have not improved significantly.
Previous After various measures taken by the government on September 7, there was no significant return on Jain Irrigation, Granules India, New India Ventures, Tata Coffee and InfiBeam. Similarly, shares of Anil Ambani Group, Reliance Communication and Reliance Power, have also fallen 5% to 5% from their peak levels.
The important thing is that after these ads, Design Arena, Divan Housing, GIC Housing, PC Jeweler, Jaiprakash Aso. And Suzlon's shares have lost 5 to 8 percent. On the other hand, shares like Watek Wabeg, Meghani, Sonata Software have risen by 5%.
Besides, stocks like BPCL, Ashok Leyland, Shilpa Medicare, ICI Security, HPCL, Godrej Property, Indusind Bank and Siemens have gained around 5% during the period. But, the general investor holding in these stocks is not more than 5%.
Comments
Post a Comment