Stock markets from all over the world, including India, are seen recovering from the shock of Donald Trump’s tariff. The Nifty and the Sensex have climbed around 10 per cent from their low -lying level of March 4. Mutual funds have a big hand in this recovery. Since the announcement of US President Donald Trump’s tariff had a bad impact on the markets around the world including India. But, after the investors understand this, there has been a good recovery in the Indian markets that Trump’s tariff will not have much impact on India.
The fastest recovery in banking stocks
Tariff with the US government (Tariff) India’s ongoing conversation about the market has also had a good impact on the sentiments. Amar Dev Singh, Senior VP (Research) of Angel One, said, “There is a sharp recovery in the banking stocks. It has a hand of shares of both private and government banks. Bank nifty Record has reached high height. This is a good sign for Indian markets. The monsoon is expected to be good further and there is a possibility of being under the control of inflation. This will have a good impact on stock markets. “
Performance of only technology funds weak
During this recovery in the market, all the active equity fund segment except the technology sector has been good. According to the Mutual Fund Research platform Ace MF, only the return of technology funds has been in negative since March 4. On the other hand, banking and financial services funds have been the best performance. The funds of this category have given 14.45 percent returns between March 4 and April 21.
These funds did rich
Infra, smallcap, consumption, business bicycle, large and midcap funds have also given at least 10 per cent of the returns during this period. The average return of largecap funds considered to be less risky was 9.52 percent. If seen in terms of the scheme, HDFC Defense Fund has given about 22 percent returns. Mirae Asset Banking and Financial Services Fund, Bank of India Small Cap Fund, Bandhan Infrastructure Fund and Baroda BNP Paribas Focused Fund have given up to 15 percent.
Also read: Income Tax: If you pay more than 50000 rupees house rent every month, then follow this rule, otherwise the income tax notice will come
Only a few companies perform well
Nirav Karkera, the research head of Fisadam, said that most segments have been performing better. The main reason for this may be the purchase of shares at the lower level. He said that it is not that all kinds of companies are doing well. Only a handful of companies perform well. He said that the performance of largecap banks is expected to be good. We have to be selective in the smallcap segment. Midcap will also have to be cautious.