Less expense ratio implies better returns over the long term

Expense Ratio

ETF has been able to closely match its benchmark's returns

Tracking Error

ETF has been generating better price return than bank FD

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

Entry Point

Smart Beta mutual funds in India are gaining popularity, with 31 out of 81 funds launched in less than a year, focusing on factors like quality, value, and momentum. These funds aim to outperform traditional indices by passively tracking customized indices based on specific filters. The performance of these funds is cyclical, with strategies like alpha, momentum, and low volatility performing well in different market conditions; in 2024, the alpha factor outpaced others significantly, driven by strong performance in financial services.

Smart Beta Indices Win Race, Beat Nifty 50 in 2024

Volatility spiked significantly, with the India VIX rising 15.48% to 15.07 over the week. The Nifty ended the week with a sharp decline of 1,180.80 points (-4.77%), underscoring several technical developments that emphasize the significance of key levels.

Dalal Street Week Ahead: Nifty’s bear trap? Why this dip could be a buying opportunity

“If we look at the constituent heavyweights like SBI, Bank of Baroda, PNB, IOB, Canara Bank and Indian Bank, which form around 75% of the index, they are trying to make a base around the 61.8% Fibonacci retracement level and the average RSI of these stocks is around 44. All these are hinting at a near-term bounce back which could possibly gain pace in the second half of next week.”

Will Nifty break below November-lows next week? Anand James reads the charts

After a few weeks of recovery, the Nifty and Sensex are again under pressure. Are we again back to what we witnessed in October? Not really. At that time, the Indian markets were singled out from among all the emerging markets and saw largescale FII selling. This time, the drop is more due to global reasons, primarily because the US Fed has indicated that the pace at which it is going to cut rates will be slower. Yes, this will have an impact on the pace at which risk on trade was expected to make a comeback. But this is another event which will eventually get adjusted over some time. On our list today are stocks that have witnessed a continuous rise in their score in the last one month. These stocks depict a strong upward trajectory in their overall average score. This is based on five key pillars, earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 32%

Equity markets plummet as BSE Sensex and NSE Nifty 50 close lower amid global economic concerns and technical breaches.

Sensex, Nifty record steepest weekly fall since 2022; Nifty drops over 4%

Traders use Relative Strength (RS) analysis to compare the performance of one asset relative to another, helping them decide whether to go long or short. This technique contrasts with the Relative Strength Index (RSI) and is typically used to identify outperforming assets, like comparing Nifty futures with gold futures. By analyzing RS lines and price charts, traders can identify divergences and select the futures contracts with the best potential for returns.

Mastering Derivatives: Futures Trading: Using Relative Strength Analysis

According to Osho Krishnan of Angel One, resistance levels are expected at 23,800-24,000, followed by 24,150-24,300. These levels align with the bearish gap and a cluster of EMAs on the daily charts, setting key hurdles for the upcoming truncated week.

Tech View: Nifty forms bearish candle; 23,100 breakdown to open further downside. How to trade on Monday

Indian equity markets faced a sharp decline today, with both benchmark indices witnessing significant losses. The Sensex plummeted by 1,176.46 points (-1.49%) to close at 78,041.59, while the Nifty fell by 364.20 points (-1.52%) to settle at 23,587.50.

ET Market Watch: Over Rs 10L cr lost! Sensex slips 1,100 pts, Nifty below 23,600 | The Economic Times Podcast

Goldman Sachs forecast MSCI India earnings growth at 12 per cent in 2024, 13 per cent in 2025 and 16 per cent in 2026 against consensus expectations of 13 per cent for 2024, 16 per cent for 2025 and 15 per cent for 2026.

Will Nifty stay range-bound in short-term?

The BSE Sensex was trading 387.08 points or 0.49 per cent lower at 78,830.97. The NSE Nifty was quoting at 23,861.50, down 90.20 or 0.38 per cent. A total of 1,811 BSE-listed stocks declined.

Stock market today: Sensex, Nifty down for 5th session; here’s why

Reliance Industries lost Rs 33,084.85 crore, with its market cap declining to Rs 16.31 lakh crore, as the Nifty recorded the worst week in months.

10 Most-Valued Firms Lost Rs 1.27 Lakh Crore In Market Cap, Led By TCS And RIL

The fund seeks to provide returns that, before expenses, closely correspond to the total return of the Underlying Index, subject to tracking errors.

IDFC Nifty 50 ETF

Average daily traded value of the ETF is low

IDFC Nifty 50 ETF

IDFC Nifty 50 ETF

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

Smart Beta Indices Win Race, Beat Nifty 50 in 2024

Dalal Street Week Ahead: Nifty’s bear trap? Why this dip could be a buying opportunity

Will Nifty break below November-lows next week? Anand James reads the charts

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 32%

Sensex, Nifty record steepest weekly fall since 2022; Nifty drops over 4%

Mastering Derivatives: Futures Trading: Using Relative Strength Analysis

Tech View: Nifty forms bearish candle; 23,100 breakdown to open further downside. How to trade on Monday

ET Market Watch: Over Rs 10L cr lost! Sensex slips 1,100 pts, Nifty below 23,600 | The Economic Times Podcast

Will Nifty stay range-bound in short-term?

Stock market today: Sensex, Nifty down for 5th session; here’s why

IDFC Nifty 50 ETF

Return vs FD RatesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry PointHigh demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

Smart Beta Indices Win Race, Beat Nifty 50 in 2024

Dalal Street Week Ahead: Nifty’s bear trap? Why this dip could be a buying opportunity

Will Nifty break below November-lows next week? Anand James reads the charts

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 32%

Sensex, Nifty record steepest weekly fall since 2022; Nifty drops over 4%

Mastering Derivatives: Futures Trading: Using Relative Strength Analysis

Tech View: Nifty forms bearish candle; 23,100 breakdown to open further downside. How to trade on Monday

ET Market Watch: Over Rs 10L cr lost! Sensex slips 1,100 pts, Nifty below 23,600 | The Economic Times Podcast

Will Nifty stay range-bound in short-term?

Stock market today: Sensex, Nifty down for 5th session; here’s why

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF