Value Plus

Arihant’s Value Plus February 2021-Monthly Investment Newsletter

In January 2021, the Domestic market moved negatively with benchmark Nifty and Sensex Index ending the month with 2.48 % & 3.7 % loss respectively as compared to the appreciation of 3.1% and 2.2% respectively in Dec 2020. We see moderate earnings upgrades over the next few months, especially in IT, banks, metals & mining, gas & consumable fuels, and telecom. The wide market has shown flat to negative performance including Mid & Small caps.

On the sectoral front, Nifty Auto has outperformed all other major indices with a strong gain of 5.8%. All other sectors have seen flat momentum in this month. Nifty IT and Nifty PSU Banks showed a flat movement of 0.8% and 0.2% respectively. Comparatively, Nifty Pharma, Nifty FMCG, Nifty Reality, Nifty NBFC, Nifty Metal and Nifty Bank showed a negative performance of -6.4%, -3.7%, -3.4%, -3.9% ,-5.6% and -2.1% respectively. Other sectors such as Nifty IT, Nifty Media, and PSU Bank showed a flat performance of +0.8%, -0.5%, and +0.2% respectively.

In This Issue:

  • Market Outlook
  • Auto Sector January Sales
  • Fundamental Stocks
  • Mutual Fund
  • Key Financial Events – February 2021

We hope you find this issue of Value Plus useful. Please share your feedback on arihant.research@arihantcapital.com 

Click here to download the PDF report.

Arihant Team
The Arihant Team believes everyone deserves access to sophisticated financial advice. From day one, our mission has been to help make investing easier and accessible to every Indian. Our team of experts are curating informative and research-based article on this blog, to help make investing and managing your money easier for you!

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