Structural bull-run intact in Indian stock market
MUMBAI: The default crisis of Chinese real estate giant Evergrande could lead to a major upheaval in global financial markets, said Christopher Wood, global head of equities strategy at Jefferies, adding that structural bullion in India has remained intact.
The benchmark Sensex of the Indian stock market jumped above 30,000 for the first time on Friday. Which reflects the ever-increasing confidence of foreign investors. Woods has increased its market share (PPT) to 1% in its Asia-X Japan portfolio, having bought a stake in the company earlier this month. The Sensex has gained 3% so far this calendar year. Meanwhile, the midcap and smallcap indexes have risen sharply, gaining 6 per cent and 8 per cent, respectively. Of course, in addition to the risk of a further wave of potential Corona epidemics against the Indian market boom, higher inflation rates and changes in the Reserve Bank's policy will be phased out. The Evergrande crisis could have an impact on the global market.
Investors' wealth
The Sensex has completed its journey from the level of 20,000 to 20,000 in eight months. Meanwhile, stocks of six companies in the BSE 500 index rose by 150 to 50 per cent, including JSW Energy, Balai Amines, Adani Total Gas, Adani Transmission, Linde India, Gujarat Fluorochemicals, Adani Enterprise and others. Is the main.
In eight months, the return was 100 to 15 percent
So there are some stocks in which investors have got a return of 100 to 15 per cent during the period under review. Such stocks include Indian Energy Exchange, Deepak Nitrate, IIFL Fi., DCM Shriram, KPR Mill, HFCL, Lux Ind., Century Textile, Welspun India, Max Healthcare, Tata Alexi, Sonata Software, Mahindra. Reddington (India), Emphasis, Shriram City Union, BASF India, Bajaj Finserv, Firstsource Solutions, VRL Logi., Alkali Amines.
115 stocks rise 4 to 5 percent
In addition, investors have received returns of 5 to 7 per cent in 115 stocks, including JK Lakshmi Cement, Tata Steel, Bajaj Ile., Hindalco, UTI AMC, Nalco, Cams Polycab, L&T Technology, Oil India, KSB, Tata Coffee, Adani Power, Vedanta, Grand Pharma, Tata Power, JSW Steel, ICICI Securities, Prestige Estate, Tata Chemicals, Finolex, Bharat Ile., Bajaj Fi., SBI, Larsen Infotech, Tech Mahindra, Wipro, Jubilant Foodworks,
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