TryGOLD- Free

Quant MF expects market correction to pave the way for risk-on phase
Business Standard|November 05, 2024
The recent downturn in the equity market may see a reversal once the US elections are over, according to Quant Mutual Fund, which emphasizes that the last month's correction should be seen as an opportunity to build more resilient and rewarding portfolios.
- ABHISHEK KUMAR

In October, the equity market witnessed a sharp fall amid record selling of close to ₹1 trillion by foreign portfolio investors (FPIs). The Nifty 50 ended the month with 6.2 per cent fall, the biggest monthly decline in the last four-and-a-half years. On Monday, the index corrected another 1.3 per cent.

This story is from the November 05, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Quant MF expects market correction to pave the way for risk-on phase
Gold Icon

This story is from the November 05, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

The employment paradox

Skilling schemes must be streamlined more realistically

time-read
2 mins  |
March 05, 2025
Trump escalates global trade war, sparking tit-for-tat tariffs
Business Standard

Trump escalates global trade war, sparking tit-for-tat tariffs

US' 25% LEVIES ON CANADA AND MEXICO, AND 20% ON CHINESE IMPORTS, TAKE EFFECT

time-read
2 mins  |
March 05, 2025
Nifty 50 Logs Longest Losing Streak Since '96
Business Standard

Nifty 50 Logs Longest Losing Streak Since '96

The benchmark Nifty 50 index concluded its 10th consecutive day of losses on Tuesday, closing at 22,080, its lowest level since June 4, 2024.

time-read
1 min  |
March 05, 2025
Business Standard

India's governance spends are lower than US, emerging market peers

Health has lowest share of paid public-sector employment, while education's share stands at 30%

time-read
2 mins  |
March 05, 2025
Business Standard

India vital to Hyundai's 2 mn EV goal: CEO

India will play an important role in achieving Hyundai Motor Company's aim of selling 2 million electric vehicles (EVs) globally by 2030, according to its president and chief executive officer (CEO) Jose Munoz.

time-read
1 min  |
March 05, 2025
FTA tariff concessions cost India ₹94,172 crore in FY25
Business Standard

FTA tariff concessions cost India ₹94,172 crore in FY25

With India negotiating trade deals with developed economies like the United States (US), European Union (EU), and United Kingdom (UK), its customs duty collection, budgeted to grow only 2.1 per cent to ₹2.4 trillion in FY26, may come under more pressure than it is now.

time-read
1 min  |
March 05, 2025
Business Standard

Delhi HC strikes down tax on repair cost of re-imported plane parts

The Delhi High Court on Tuesday struck down the additional tax on the repair cost of goods reimported into India after being sent abroad for maintenance.

time-read
1 min  |
March 05, 2025
Business Standard

Bank of India Adds 111 New Branches

State-owned Bank of India (BoI) on Tuesday said it has added 111 new branches to strengthen its presence in key urban and semi-urban centres in the country.

time-read
1 min  |
March 05, 2025
A New Era of Investment & Growth Unveiled at GIS-2025
Business Standard

A New Era of Investment & Growth Unveiled at GIS-2025

Madhya Pradesh is accelerating India's development: Amit Shah

time-read
1 min  |
March 05, 2025
Stocks slip as Trump tariffs ignite new trade conflicts
Business Standard

Stocks slip as Trump tariffs ignite new trade conflicts

Stocks and bond yields slid on Tuesday as investors globally ducked for cover after the US hit Canada, Mexico, and China with steep tariffs, launching new trade conflicts with the top three US trading partners.

time-read
1 min  |
March 05, 2025

We use cookies to provide and improve our services. By using our site, you consent to cookies. Learn more