Despite a weak broader market, commodity stocks stood out on Thursday, with eight names from the BSE commodities index hitting fresh 52-week highs. Stocks like Gujarat Alkalies, GMDC, and Indian Metals led the rally with gains of up to 65% in a month, signalling strong momentum and continued investor interest in the commodities space.
Seasoned traders prioritize survival and consistency over aggressive bets, a principle championed by Paul Tudor Jones. This defensive mindset focuses on capital preservation and risk management, ensuring traders can endure losses and capitalize on opportunities over time. Avoiding strikeouts, not hitting home runs, is the key to long-term success in volatile markets.
Indian government bonds are expected to extend gains in early deals on Thursday, as oil prices remain steady and market sentiment improves amid growing optimism over a U.S.-Iran peace deal.
Vikas Khemani of Carnelian Asset Management outlines his investment strategy amid market volatility. He favors mid and large-cap stocks, with selective contra plays like IndiGo. Khemani prefers conventional power enablers over renewables and emphasizes company selection in banking. He maintains his market cap mix and avoids fads and unproven businesses. His approach centers on conviction, quality, and patience.
European shares edged higher on Thursday as growing optimism about a potential resolution to the Middle East conflict lifted market sentiment, while investors assessed corporate earnings reports across the region.
HDFC AMC Q4 Results: HDFC AMC reported a 2% dip in March-quarter net profit to Rs 623 crore, despite a 17% rise in revenue to Rs 1,051 crore. For the full year, profit after tax grew 16% to Rs 2,858 crore. The company recommended a final dividend of Rs 54 per share.
Despite sustained FII selling, strong domestic mutual fund inflows are helping stabilise markets, reflecting a structural shift in investor behaviour. V Srivatsa of UTI AMC highlighted rising investor maturity, elevated mid- and small-cap valuations, and advised a balanced asset allocation with a tilt towards largecaps and hybrid funds amid global uncertainties.
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