Latest Stock Market News

In October, mutual funds made notable portfolio adjustments, adding shares in small-cap stocks like Sansera Engineering and Sundaram Clayton, while reducing holdings in Orient Cement, Ashoka Buildcon, and others.

CLSA reverses its investment shift from India to China, citing economic concerns in China, trade tensions, and rising U.S. yields. It increases India exposure, despite risks like market issuance surge.

​The Indian stock market has experienced a sharp decline, with several stocks in the BSE 500 index falling over 50% from their 52-week highs, reflecting significant market weakness.​

Trump’s election victory has sparked a crypto market surge, with Bitcoin and altcoins hitting new highs. Positive sentiment and retail investor engagement fuel bullish momentum, despite potential short-term risks.

Jefferies recommends a "Buy the Dip" strategy, highlighting 10 stocks like HAL, PNB, and IDFC First Bank, predicting recovery based on strong growth prospects despite recent market corrections

Axis Balanced Advantage Fund has delivered returns of 30.9% and 13.4% CAGR on 1 year and 3-year (as on 31st Oct 2024, Direct Plan) basis respectively. The fund has beaten its benchmark during this period and generated better than median returns in the category.

In an interview with ETMarkets, Gunwani said: “We expect the market to consolidate due to multiple factors – high amount of supply with big IPOs in pipeline, corporate earnings which have exceeded nominal GDP growth last 4 years normalizing, stiff valuations and a bounceback in dollar globally” Edited excerpts:

Indian stock markets will be closed on November 15 and 20 for holidays. Market sentiment remains weak amid FII outflows, weak Q2 results, and rising inflation, with analysts predicting further corrections.

Market analyst Laurence Balanco identifies potential investment opportunities for 2025. Balanco suggests Bitcoin, fintech, and travel tech as favorable sectors. He anticipates a peak in the US dollar and highlights risks for emerging markets. Balanco observes weakness in the Hong Kong stock market and suggests a potential rebound in commodities like copper and palladium.