If you ever wondered what fueled this ascent. Deep base of -51.8% previous year, Central banks around the globe (notably the US Federal Reserve) slashed interest rates to near-zero and introduced massive Quantitative Easing (QE) programs that resulted in FIIs pumped 17B$
Monthlies: Nifty ended July with a 2% return, but is still down quite a bit for the year this far. Would probably be good for averages if it stays at a negative return cos it's been 10 years of consecutive positive returns for the Nifty
Monthlies: Nifty ended July with a 2% return, but is still down quite a bit for the year this far. Would probably be good for averages if it stays at a negative return cos it's been 10 years of consecutive positive returns for the Nifty
Sep’26 Nifty Rejig
Source: Nuvama Alternative & Quant Research
A) Nifty 50:
🔹 Inclusion: BSE
🔻 Exclusion: Wipro
BSE moves from Nifty Midcap 150 to Nifty 100, with its higher free-float market cap making it a strong candidate for Nifty 50 inclusion.
📌 Estimated flows: $741mn inflow into BSE vs $246mn outflow from Wipro
If not BSE → TVS Motor could be the likely contender, should the Nifty 50 methodology be changed.
B) Nifty Next 50:
Inclusions: Wipro, Vedanta Aluminium, Hitachi Energy, Idea, Polycab, BHEL
Exclusions: Indian Hotels, REC, United Spirits, Shree Cement, Lodha, Mazagon Docks
@CNBCTV18Live
Selling gold outside India is good because the western countries where the gold is stored, are not our friends.
Within India, gold sales can be used to offset imports; RBI can sell to jewellers. Indians owning gold is better than the RBI owning gold.
@rk_misra@krishnabgowda@GBA_office True, this is a defining moment in the history. Momentum that is sustained and prioritized for high value is a joy to the sore eye.