The financial year 2023-24 started on a positive note. April 2023 saw a decisive up move in the markets. The BSE Sensex and the NIFTY 50 showed resilient performance despite the IT sector’s bittersweet Q4 earnings that led to a massive selloff in tech biggies. The key indices saw robust pick up in stock prices …
Year: 2023
Sameeksha Completes Magnificent Seven Years; FY23 Becomes Hat-Trick Year Of Outperformance, Top Rankings For Three And Five Year Periods Retained
Financial year 2022-23 was not a great year overall for the Indian equity markets. The year ended with the market continuing to clock a monthly slide in the month of March on the back of global uncertainties fueled by a banking crisis. For the financial year, our benchmark index BSE500 TRI was down by 0.9%. This is …
Carving Out Marginal Alpha In A Very Weak Month, Sameeksha Continues To Maintain Its Position Among The Top Performing Funds For The Three And Five Year Periods
February was a volatile month for the Indian stock markets. Wild stock movements with key Adani Group companies hitting their upper and lower circuits throughout the month, kept stock market participants on their heels. In this month, the broader indices BSE500 TRI, BSE Midcap TRI and BSE smallcap plunged -2.75%, -1.76%, -2.94%, respectively. While Sameeksha …
Positive Return As Well As Strong Outperformance In A Very Weak Month, Awarded As The Top 2 For The Three Year And 5 Year Period Periods
The first month of the calendar year 2023 produced sharp negative returns for the market, with much of the drop occurring post the report on Adani group published by a US based outfit. Unabated offloading of shares by foreign institutional investors (FII) at the fag end of January 2023 kept the market on edge. As …
