Late surge improves return scorecard; Indices see wildest swing in 11 years
During Samvat 2077, investors need to look at asset class diversification, sector diversification, spreading investments over time by way of SIP or staggered investments
Given the sharp volatility, it is preferable to stick to leaders or top-tier players across sectors as they consolidate their position and gain market share
Markets are likely to remain range-bound in the near term till economic recovery is visible, says Motilal Oswal
While value has emerged in some pockets, investors continue to seek refuge in safety and quality
Mid- and small-caps outperform benchmarks
But banks and NBFCs continue to remain a cause for concern
In the broader market, small-caps outpeformed the benchmark in the trade. The S&P BSE small-cap index closed 1.2 per cent higher at 13,310 level
The auspicious occasion, also known as Dhanatrayodashi or Dhanvantari Trayodashi, is the first day that marks the festival of Diwali in India
While in the near term, gold can remain range-bound as there are various conflicting forces at play, there are triggers that can propel prices higher in the long run
Three key factors to watch out for in Samvat 2076 would be reducing stress in financial sector, further stimulus announcements by the govt and overall economic growth and resolution of US-China trade.