Take the above concept to understand some investor’s bias, when a stock gets included in popular indices like Nifty50, based on past performance. The above average performance may not sustain after the inclusion, as it is just reverting to its long-term mean.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII