Nine out of 10 bets this fund manager made outperformed over the past year. Here’s his next two plays.
Gold miners, Japan stocks and nuclear plays boosted Man Group’s portfolio
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Gold miners, Japan stocks and nuclear plays boosted Man Group’s portfolio
Nifty and Sensex tumbled sharply amid broad-based selling in auto, financial and FMCG stocks. Several counters including XTGlobal Infotech and Tejas Networks rallied, even as others declined on regulatory and deal-driven triggers.
Sensex, Nifty, Share Prices Highlights: The 30-share BSE Sensex tanked 961.42 points or 1.17 per cent to settle at 81,287.19. During the day, it dropped 1,089.46 points or 1.32 per cent to 81,159.15. The 50-share NSE Nifty tumbled 317.90 points or 1.25 per cent to end at 25,178.65.
FII outflows and a fall in the domestic equity markets further pressured the local unit, according to forex traders.
Amid fears that artificial intelligence is just a bubble ready to be popped, billionaire investor Howard Marks said that it is very real and capable of doing a lot of work. However, he remains inconclusive regarding whether investing in AI will be profitable.
Bonds will have a tenor of seven years and are scheduled to mature on March 5, 2033
Large-cap leaders have quietly outperformed this year, with a dozen stocks delivering powerful 50–80% gains in under twelve months.
The shift matters for investors weighing whether emerging-market stocks can extend their outperformance over US peers this year
Indian stock markets experienced a sharp decline for the second consecutive session, with significant drops in FMCG, auto, realty, and pharma sectors. This selloff erased over Rs 5 lakh crore in investor wealth, influenced by heavy FII selling and weak global market sentiment, including a tech selloff on Wall Street. Heightened US-Iran tensions also contributed to the market downturn.
Foreign investors are returning to Indian stocks. This is the fastest pace in eight months. Stabilizing corporate earnings and a US trade deal are supporting this trend. Global funds have bought nearly $2.1 billion of local shares in February. This suggests pressures on Indian equities are easing. India's market is showing positive momentum.
In the overseas market, Comex silver futures increase $1.82, or 2.06%, to $90.11 per ounce
Indian real estate stocks have fallen up to 20% so far this year as investors worry that AI-led disruption in the IT sector could slow hiring and weaken housing demand in tech hubs such as Bengaluru. Experts say the AI narrative has become a key near-term overhang for the sector, prompting caution and raising the possibility of further consolidation in realty shares.
March has historically favored bulls, with the Nifty closing higher in eight of the past 10 years. This trend has largely been driven by strong FII participation, who were net buyers 70% of the time, supported by DIIs who bought in seven of the last 10 years.
The regulator has also opened up a new scheme category ‘Life Cycle’ funds
Jio Financial infused ₹2,000 crore into its lending arm, IT and AI partnerships gained traction, Hindalco’s US deal faced delays, Brigade entered senior housing, energy firms secured fresh orders, and key PSUs announced expansion moves.
At the interbank foreign exchange, the rupee opened at 90.91 against the US dollar before slipping to 90.95, down 4 paise from its previous close
At 9.54 am on Friday, March crude oil futures were trading at ₹5,954 on MCX during the initial hour of trading against the previous close of ₹6053, down by 1.64 per cent
Nvidia tumbles 5.5% despite strong quarterly results, dragging Nasdaq down 1.2%
Indian stock markets experienced a downturn on Friday, with the Sensex and Nifty50 falling significantly despite IT sector gains. FMCG and banking stocks led the decline, while foreign institutional investors offloaded shares. Global markets also showed weakness, with the Nasdaq Composite closing lower. Crude oil prices eased amid diplomatic efforts.
Indian IT shares saw gains on Friday. This followed a tech rally on Wall Street that lost momentum. US-listed Infosys and Wipro ADRs also rose. Experts believe Indian IT can benefit from AI spending. They suggest accumulating select IT stocks on dips. The sector's recent weakness may be nearing a bottom.
India's Nifty IT index is experiencing a significant downturn, with investors fearing artificial intelligence could render the current IT model obsolete. While some analysts see an attractive entry point due to market overreaction, others warn of sustained underperformance and structural obsolescence, questioning the sector's long-term trajectory and current valuations.
Five Nifty500 stocks, including IDFC First Bank, were identified in the White Marubozu bullish scan on February 26, according to StockEdge data. The candlestick pattern signals strong buying interest, with the opening at the day’s low and closing at the high, indicating sustained upward momentum.
Five Nifty500 stocks gained over 3% in February and featured in the RSI Trending Up scan, according to StockEdge data. The RSI crossing above 50 signals strengthening momentum and a potential uptrend. KSB, Tejas Networks, Vishal Mega Mart, IFCI and Aadhar Housing Finance showed improving technical indicators.
Mixed institutional activity, with DIIs supporting the market while FIIs turned net sellers, also reflects guarded sentiment and potential short-term volatility.
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be in an overall uptrend.
Markets are expected to trade range-bound with stock-specific action driven by domestic demand and policy. Analysts recommend focusing on domestic-facing sectors like PSU banks, autos, healthcare, metals, and capital goods due to stronger demand visibility amid global volatility. The RSI indicates weakening momentum, suggesting a potentially weak near-term sentiment.
Markets traded with volatility on Thursday, ending almost unchanged amid mixed cues. Vishal Mega Mart promoter entity plans to sell a 6.5% stake at a discount. Bharti Airtel's entry into the NBFC space is seen as a strategic growth driver, while Bandhan Bank received RBI approval for SBI Mutual Fund's stake acquisition.
The Securities and Exchange Board of India (Sebi) has mandated that all market intermediaries must prominently display their registered name and registration number on social media platforms when sharing securities market-related content. This new rule, effective May 1, aims to help investors easily identify content from regulated entities and their agents, thereby simplifying investments.
Millions of international visitors are expected to flock to the U.S. this summer to experience the 2026 FIFA World Cup. And with hotel prices on the rise due to increased demand, tourists are seeking alternative lodging options.
Private credit and other institutional investments are now within reach for individuals. But their promises don’t always align with your portfolio.
Software stocks have sunk. Defensive names, including consumer-staples stocks like Walmart and Costco, have rallied. Yet, despite all of the chaotic moves seen in the U.S. equity market over the past few months, the S&P 500 has remained remarkably steady.
Sebi warns investors about fake notices demanding Securities Transaction Tax payments. Fraudsters are using forged Sebi letterheads to deceive people. The market regulator clarifies it does not issue such notices. Investors are urged to verify all communications. Sebi also cautions against unregistered individuals promising risk-free profits and handling trading accounts. Investors should check Sebi registration before investing.
AMFI in consultation with SEBI will prescribe a uniform policy and the new valuation norms will come into effect from April 1