Benchmark indices like the nSE nifty 50 and the S&P BSE Sensex are scaling new record highs every week. You may think that you have missed the opportunity.
That could prompt you to wait for a correction to time the market. However, that is a tricky idea. If you waited the entire 2024 for the right opportunity, holding more cash in your bank deposits than equity assets, you could feel worse than just fear of missing out or FOMO.
The nifty and Sensex are among the best-performing stock market indices in the world in 2024. There is no sight of any event that could trigger a correction. That is despite everyone accepting that there are geo-political tensions due to global conflicts. There are signs of a slowdown in Europe. While the US economy is strong and inflation is controlled, job growth is slowing. In India, an analysis in the latest bulletin published by the national Stock Exchange of non-banking nifty 50 companies’ financial results for the quarter ended June 2024 showed that the operating profit growth for nifty 50 companies slowed at a pace last seen five years ago.
Unabated rally
Denne historien er fra September 23, 2024-utgaven av The Morning Standard.
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Denne historien er fra September 23, 2024-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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'I DO HAVE AN AUDIENCE IN MIND-ME'
With his new film Despatch, which had its India premiere at MAMI Mumbai Film Festival this year and is streaming soon on ZEE5, Kanu Behl decides to steer clear of genre tropes.
Weaving green dreams
Mandeep Nagi's journey embodies the idea that our roots can shape lifelong passions
WINTER COMES KNOCKING AT THE NCR MARKETS
With Diwali being close to a weekend this year, most of us took advantage of the surprise long weekend with festivities prolonging just a little more than usual.
'GOLDEN AGE FOR U.S.'
\"This was a movement like nobody's ever seen before, and frankly, this was, I believe, the greatest political movement of all time,\" says Donald Trump
INDIA'S BENCH STRENGTH IN CHESS
INSIDE the cavernous playing hall at the Anna Centenary Library, Levon Aronian has just gone for a walk. Facing Arjun Erigaisi, the US GM, one of the best ever the world has seen in the game, has disappeared, perhaps to help himself to a beverage.
Ramayana to be in two parts, release dates out
The release date of Nitesh Tiwari's upcoming mythological epic Ramayana, starring Ranbir Kapoor as Lord Rama and Sai Pallavi as Sita, is out.
Holders Madrid & Man City stunned, statement victory for Liverpool
VIKTOR Gyokeres scored a hat-trick as Ruben Amorim's Sporting Lisbon stunned Manchester City with a 4-1 win in the Champions League on Tuesday, while Liverpool trounced Xabi Alonso's Bayer Leverkusen and AC Milan beat holders Real Madrid in Spain.
Not yet informed of host city/region for 2036 Oly: IOC
INDIA is yet to decide on a host city or region for the 2036 Olympics (bid).
Dhull scores another ton for Delhi
YASH Dhull continued his good form with a second century of the season, but left-arm spinner Nishunk Birla's six-wicket haul helped Chandigarh bowl out Delhi for a below-par 276 on the opening day of their Ranji Trophy match in Chandigarh.
Rahul's form under focus as India A face Aus A
KL Rahul's batting number and current form will be keenly watched by the national selection committee as he gets ready to match his wares for India A against an Australia A line-up in the second unofficial Test match at the Melbourne Cricket Ground starting Thursday.
