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 New Indian Express.
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Denne historien er fra September 23, 2024-utgaven av The New Indian Express.
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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Sentimental success
WITH due apologies to Karan Johar, the tagline for Pat Boonnitipat's How to Make Millions Before Grandma Dies could well read, \"It is all about learning to love your family.
James Dean biopic is in the works
ACCORDING to reports, a biopic based on the life of legendary Hollywood star James Dean is currently in the works, with Physical Attraction director Guy Guido.
GREEN PARK HAS STAY OF EXECUTION
THE Green Park Stadium in Kanpur drew a lot of flak ever since the second Test between India and Bangladesh began on Friday.
Rohit & Co squeeze a win out of nowhere
Despite more than two days of play getting washed out, India clinch second Test vs B'desh to brighten their chances of making WTC final
Premala ‘Kaki', the rock behind pioneers of women's game
THE ninth edition of the Women's T20 World Cup is only 24 hours away.
Quality of players in GCL is very high: Srinath
THE UMumba Masters is geared up for Season 2 of the Global Chess League (GCL).
Mahindra closes in on Hyundai, eyes number two spot in PV sales
MAHINDRA & Mahindra (M&M) is eying number 2 spot in the Indian passenger vehicle (PV) market as its Sept 2024 domestic sales were just 39 units lower than Hyundai Motor India (HMIL).
GST collection growth weakens further; Sept saw 6.5% growth
THE growth in monthly GST collections has further weakened as gross collection in September grew by only 6.5% as against 10% rise in the previous month.
NDTV promoters' cheating case: CBI files closure report on lack of evidence
THE Central Bureau of Investigation (CBI) has filed a closure report in an alleged cheating case involving former NDTV promoters and directors Prannoy Roy and Radhika Roy.
Air India completes AI Express, AIX Connect merger
AIR India Group has completed the operational integration and legal merger of Air India Express Ltd and AIX Connect Pvt Ltd (erstwhile AirAsia India) into a larger low-cost carrier that takes on market leader IndiGo and smaller players such as Akasa Air and SpiceJet.
