{"id":29520,"date":"2024-04-23T11:15:46","date_gmt":"2024-04-23T05:45:46","guid":{"rendered":"https:\/\/fundsindia.com\/blog\/?p=29520"},"modified":"2024-04-25T10:28:50","modified_gmt":"2024-04-25T04:58:50","slug":"fi-bullets-march-2024","status":"publish","type":"post","link":"https:\/\/fundsindia.com\/blog\/equities\/fi-bullets-march-2024\/29520","title":{"rendered":"FI Bullets – March 2024"},"content":{"rendered":"\n
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March typically emerges as a subdued month in the financial calendar, marked by strategic maneuvering among investors to optimize their portfolios. This period often witnesses a flurry of activity as investors engage in tax-loss harvesting, shedding underperforming assets to mitigate their capital gains tax liabilities stemming from profitable investments. <\/p>\n\n\n\n

Notably, March 2024 defied this trend as the Nifty surged past the 22,000 milestone, scaling new heights to reach 22,526, yielding a notable 1.57% return for the month. Similarly, the BSE Sensex also demonstrated resilience, delivering a respectable 1.59% return. This remarkable feat can be attributed to the buoyant macroeconomic indicators and the steadfast influx of foreign capital, underscoring the resilience of the Indian financial landscape.<\/p>\n\n\n\n

The BSE Auto index emerged as the frontrunner with an impressive 4.96% surge, closely trailed by the BSE Metal index, which saw a robust uptick of 4.95%. Conversely, the BSE IT index experienced a downturn, registering a decline of 7.20% in returns.\u00a0<\/p>\n\n\n\n

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Here is how our recommendations performed in March 2024.<\/p>\n\n\n\n

Total Recommendations \u2013 109<\/span><\/strong><\/p>\n\n\n\n