Market Bizzz

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

“Our basic thesis has been that the entire manufacturing, industrials and infrastructure is not just a one-year theme, but it is a multi-year theme. Now, for instance, if you look at what has been happening over the last few years, growth in this space has been largely led by public capex and government spending.”

“SIPs are still coming largely into mid and smallcap funds but institutional players are cautioning that move into largecaps out of mid and smallcaps. As we saw on Monday and Tuesday last week, market returns are very lumpy and a few days will give the entire year’s return. So, if you are not invested, you will miss out on that.”

“We are not too much focussed on the lower end of the spectrum or lower ticket size lenders. If you look at the construct of our portfolio, it is a very good balance between small finance banks as well as some of the B2B lenders, I mean some sector specific lenders which is very well evident in the portfolio.”

The shares were bought at Rs 59.09 apiece, a 4% discount to the previous closing price of the stock. Besides GMR Airports in the transport infrastructure space, GQG Partners also has investments in various companies of ADani Group, including Adani Enterprises, which operates the Mumbai international airport.

Most of Zerodha’s AUM was added post-2020, which is one of the biggest bull markets India has seen. While equity funds saw a slowdown in the pace of inflows, investments through the systematic investment plan route hit record high in November.