The selling from Foreign institutional investors (FIIs) continued in the eight consecutive week as they offloaded equities worth Rs 746.62 crore, while domestic institutional investors (DIIs) bought equities worth Rs 3,363.36 crore in this week.
For optimism to return to the markets, a move above 19,600 and a calm international scenario are essential. There is ambiguity in the markets. Experts suggest caution at every step.
Based on the OI percentage, 71 stocks were on the short-covering list. These included Nestle India, Hindalco Industries, JK Cement, Intellect Design Arena, and Gujarat Gas
FRP Cable Tray Market to Derive Enormous Growth from the Delivery of GRP Cable Management Systems by Ercon Composites, states Fortune Business Insights™...
In the month of November, the Sensex rose 3.8 percent and the Nifty gained 4 percent. In the coming week, the RBI will announce its rate decision on December 7, while the next day, Gujarat election results will be declared
A general trend is that most of the multibaggers in the list are from smallcap space, where there is more room for them to grow. Among better-known names that have surged multifold in the period are NDTV, DB Realty, Ugar Sugar Works, Triveni Glass and Gujarat Mineral Development Corporation.
Investing in the low price stocks means you can pocket more stocks with a certain amount of money, rather than stocks that are priced much higher in the stock markets. However, before investing in any low price stock, you should check the companys financial reports, market capitalization (MC), and past years stock performances.