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“I will be a buyer at the current market price on every dip. FIIs are now still short in the market. They are yet to cover their short and they will start covering. DIIs will continue buying this market and if FIIs start buying this market and crude further comes down $10 from here, bond yield topping, interest rates topping, this market has a lot of legs to go on.”

“Investing in smallcaps is not an issue, but you come with the time frame of five years. If you come to the largecaps, assuming a three-year period, then smaller midcaps have to be for a longer period. Therefore, the money that comes for a longer term, we cannot deny it.”

Several major stocks demonstrated exceptional strength by surpassing their 20-day Simple Moving Average (SMA) on November 12.

On November 12, Sunday, a whopping 46 stocks surged into overbought territory, signaling potential caution for investors. ETMarkets brings you a curated list of 5 stocks riding high in the overbought zone, unpacking the significance of RSI and why astute investors should take note.

Suzlon tops the sell list of mutual funds like HDFC AMC and Bandhan MF during the month. At an aggregate level, mutual funds owned 62.89 crore shares of the stock in September which fell down to 49.53 crore shares last month.

The state-run insurance company has more than 1% equity across 274 companies according to Prime Infobase data.

A total of 770 shares changed hands on the counter till 02:04PM (IST)

“If you look at gold prices between this year and last year, in a similar time period, there is about a 13-14% increase in gold price. It is a combination of everything, rise in both footfall and gold price, which has driven this double-digit growth that we are expecting to see.”

A look at the top additions for three consecutive months shows that mutual funds have been consistent buyers in RIL, HDFC Bank, ICICI Bank, LIC, Kotak Mahindra Bank, Nykaa, HPCL, Eureka Forbes and Maharashtra Seamless.