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“When we say that we are in a bull market and if we probably resumed that phase now from the lows of March, then what we are really seeing is a very broad-based advance in the market where every sector ends up participating. One cannot say that when FMCG goes down, auto goes up. But from a long-term perspective, sectors like FMCG will at least underperform.”

Asset allocation in terms of diversification does not necessarily mean that you need to be diversified when you are investing in equities. By diversification what we mean is that you need to have a very good portfolio in terms of investing in equities, bonds, mutual funds, index funds and even gold.

JM Financial has buy calls on four life insurance stocks. Its target prices suggest 13-49% upside in these 4 companies.

From the Sensex pack, Power Grid, HDFC, and HDFC Bank were the top gainers, rising 1.5-4%. Tech Mahindra, TCS, Wipro, Reliance, and Bharti Airtel also closed with gains. Whereas, M&M, ITC, IndusInd Bank, Axis Bank, Maruti and Bajaj Finance closed in the red.

Mazagon Dock Shipbuilders has become the first ship building firm to exceed a market capitalisation of INR 25,000 crore ($3.3bn), with INR26,461.73 crore, making it one of 212 BSE companies to have achieved such a threshold. The security hit a 52-week high of INR1,337.70, with 42 lakh shares traded on BSE and NSE. With a 441% return on investment over the past 12 months, the company has been trading with relatively high volatility over the past month due to a beta of 2.09, according to data from Trendlyne.

Indiabulls Real Estate, Solar Industries India, Oil India, Latent View Analytics and Union Bank of India have closed below their 100-day Simple Moving Average (SMA), indicating potential weakness and a bearish trend. Indiabulls Real Estate and Union Bank of India are prominent players in their respective industries, whereas Solar Industries India is an explosives manufacturer, Oil India is involved in exploration and production, and Latent View Analytics is a data analytics firm. Investors should monitor factors specific to each company and industry when evaluating these stocks. Thorough research and analysis are crucial for making well-informed investment decisions.

Passive foreign capital flows have been a driving force for strong foreign exchange inflows into Indian equity, though a bulk of these seem passive in nature, according to Kotak Institutional Equities. Passive ETF inflows from foreign households suggest expectations of certain returns, which may or may not materialise, says the report, and inflows from mutual funds likewise may reflect anticipations of equity returns related to other assets. Kotak argues the inflows cannot be inferred as a consequence of changing fundamentals. The strong passive inflows also appear to be top-down in nature.

​Other could be just a large gift, a large, small, whatever amount which you would leave to the grandchild to sort of look out for themselves. In which case, it is pretty simple you just transfer that money and the grandchild, if the grandchild is able to take care of it, then they will take care of it.

The Bullish Harami Cross pattern has been observed in the technical charts of Tata Motors DVR, Tata Communications, GR Infraprojects, Star Cement, and Adani Enterprises, indicating potential reversals in the bearish sentiment. Investors should consider factors such as financial performance, market trends, and industry dynamics before making any investment decisions. Thorough research and analysis of key indicators are essential to positioning for success. Additionally, the Bullish Harami Cross pattern should be evaluated alongside other fundamental and technical analysis tools to make informed investment choices.

British consumer price index defied expectations of slowing and held at 8.7% in May. The data came a day before the Bank of England is forecast to raise interest rates for the 13th time in a row.