The BSE Sensex and the NIFTY 50 both rose more than 3.5% in April, surprising investors. These main indexes experienced a substantial uptick in stock prices aided by a solid corporate earnings season and the Reserve Bank of India discontinuing its plan to raise interest rates on a regular basis. Real estate, PSU banks, automobiles, and small caps are among the indices that had an explosive rise this month.
FundsIndia as a company is dedicated to providing great assistance in terms of service and transparency. Hence, we would like to share with you our performance summary for the month of April 2023
Strike rate:
We at FundsIndia use the term strike rate to represent the accuracy of the recommendations given by our equity research team to valued customers like you. The below graph explains in detail the strike rate in intraday, margin, momentum, and short-term trades.
Total Recommendations – 61
- Intraday – 35
- Margin – 8
- Momentum – 9
- Short Term – 9
Futures and Options
Options trading is more attractive than ever due to current market conditions. Here is how our F&O recommendations resulted in April 2023.
Total Recommendations : 47
Star performers:
Given below are a few star performers in our recommendations for the month of April 2023.
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- Discontinuation of the Systematic Investment Plan (SIP) of the Designated Schemes of MOMF
- Change in Maximum Subscription Amount of Aditya Birla Sun Life Medium Term Plan
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