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

by IANS |



New Delhi, Nov (IANS) 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.



Latest News
How eating junk food regularly can make you nutrient deficient Sat, Sep 07, 2024, 03:55 PM
Indian startups raise more than $348 million funding this week Sat, Sep 07, 2024, 03:53 PM
Hackers behind Rs 2,000 crore WazirX theft begin laundering stolen assets Sat, Sep 07, 2024, 01:37 PM
Iran, Serbia voice willingness to boost ties Sat, Sep 07, 2024, 01:35 PM
Brij Bhushan accuses Cong of conspiracy, Vinesh of cheating Sat, Sep 07, 2024, 01:33 PM
DRS in domestic cricket will improve batters' techniques, says Ashwin Sat, Sep 07, 2024, 01:20 PM
Voice of every Indian taught me something: LoP Rahul on 2nd anniversary of BJY Sat, Sep 07, 2024, 01:11 PM
Sultanpur encounter: UP govt orders magisterial probe Sat, Sep 07, 2024, 12:10 PM
Australia: 4.5-magnitude earthquake hits near Sydney Sat, Sep 07, 2024, 11:59 AM
Crimes against women surging in Uttarakhand: RTI data Sat, Sep 07, 2024, 11:57 AM
Death toll in Hathras road accident rises to 17 Sat, Sep 07, 2024, 11:39 AM
Africa CDC warns of rising mpox cases, launches response plan with WHO Sat, Sep 07, 2024, 11:27 AM
RG Kar scam: CBI finds documents of medical equipment never purchased but billed Sat, Sep 07, 2024, 11:26 AM
PM Modi congratulates Hokato Hotozhe Sema on bagging Bronze at Paris Paralympics Sat, Sep 07, 2024, 10:46 AM
Arunachal CM calls on Dalai Lama, gifts his first dwelling after fleeing Tibet to trust Fri, Sep 06, 2024, 04:51 PM