In February 2024, the majority of global equity markets provided significant returns to investors. In India, Sector-wise, the BSE Oil & Gas index surged the most (6.7%) during the month gone by. The BSE Auto index registered a gain of 6.4% followed by BSE Realty, which jumped 6.3%. On the other hand, the BSE FMCG index fell 2.2%.
While the Sensex gave moderate returns in February, as many as 74 stocks on the BSE 500 clocked double-digit gains of up to 32%.
Also, India’s service sector continued to grow during February as positive demand trends supported sales and business activity. Growth rates slowed since January, though remained historically substantial.
Here is how our recommendations performed in February 2024.
Total Recommendations – 127
- Intraday – 88
- Momentum – 19
- Short Term – 20
Futures and Options
Here is the performance of our recommendations for Futures and Options
Total Recommendations: 25
Star performers
Given below are a few star performers in our recommendations for the month of February 2024.
- Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund
- Intimation of suspension of subscription in Bandhan US Equity Fund of Fund
Winning Funds, Losing Streaks: Decoding the Mystery of Short-Term Underperformance
Wealth Conversations – November 2024- Notice of Change in Fundamental Attributes of DSP Equity & Bond Fund and DSP Quant Fund
