The NIFTY 50 and BSE Sensex, which are important market indicators, experienced a nearly 2.5% increase during May. However, this growth is relatively lower compared to the previous month. The sectors that performed exceptionally well were automobiles, real estate, FMCG, and consumer durable goods, maintaining the upward trend observed last 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 May 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 – 102
- Intraday – 50
- Margin – 14
- Momentum – 22
- Short Term – 16
Futures and Options:
Options trading is more attractive than ever due to current market conditions. Here is how our F&O recommendations resulted in May 2023.
Total Recommendations : 61
Star performers:
Given below are a few star performers in our recommendations for the month of May 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
Wealth Conversations – December 2024
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