Earlier this month, NSE replaced Shree Cement with Adani Enterprises in the benchmark Nifty 50. Domestic passive funds such as index funds and ETFs replicate their portfolios according to the stock weights on these indices. These funds must buy or sell stocks if their weight in the index is increased or reduced in the benchmark.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
January 15, 2025