City
Epaper

Investors expect markets to continue rising though not at the same pace, say analysts

By IANS | Updated: November 12, 2023 22:15 IST

New Delhi, Nov 12 Indian indices rose in the Muhurat trading session in-line with most such sessions in ...

Open in App

New Delhi, Nov 12 Indian indices rose in the Muhurat trading session in-line with most such sessions in the past, helped also by positive global cues. After a great year for broader equity markets, investors are looking forward to markets continuing rising though not at the same pace, says Dhiraj Relli, MD & CEO, HDFC Securities.

They remain a bit apprehensive of the key risks including outcome of elections, inflation and interest rate trajectory and geopolitical events induced negatives. However, equities remain a preferred choice for investors given the favourable macros and micros and the benevolent view of global institutions/brokerages towards Indian markets, he said.

Having said that, investors need to conduct asset allocation review, portfolio review at regular intervals, and raise the quality of stocks held in their portfolio, he added.

BSE Sensex began Samvat 2080 on a positive note with the index climbing 354 points beyond the 65 K mark in the Muhurat trading session on Sunday.

The Sensex ended the special one-hour session up 355 points at 65,259 points.

Infosys led the Sensex gains up 1.4 per cent followed by Wipro, Asian Paints, TCS, and NTPC.

The BSE Small Cap index gained 1.14 per cent while the BSE IPO Index was up more than 2 per cent.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

AurangabadBarrister Umar Farooqui invited as speaker for India Week- London Conference

InternationalSri Lanka: Two teenagers killed in separate motorcycle accidents

NationalGujarat: People get relief from high electricity bills due to PM Surya Ghar Muft Bijli Yojana

InternationalTensions rise as Israeli defense minister cancels legal officer's conference role

Other SportsIPL 2024: 83-run defeat to CSK is a 'bitter pill to swallow' for GT, says Gill

International Realted Stories

InternationalIsraeli forces eliminate Gaza terror squad in four minutes

InternationalMaldives Foreign Minister arrives in Delhi, set to attend High Level Core Group meeting

InternationalIsrael: Knesset committees to tackle smoking reforms

InternationalAll-party delegation calls Russia visit "successful and positive", hopes for support from Slovenia

International"Taking Bharat's message to world": All-party delegation arrives in Slovenia