10.5.2023 Daily Stock Portfolio performance.
Today on 10th May 2023 stock market has moved up, #nifty has moved up +49 points (+0.27%) and closed at 18,315. #midcap100 has moved up +16 points (+0.05%) and closed at 32,505. #smallcap has moved up +13 points (+0.14%) and closed at 9,829. Stock portfolio has moved up ₹10,013 (+0.43%) and now latest value of stock portfolio is ₹23,61,889.
Today stock portfolio is pulled up by #vipindustries and #bajajfinance . We already had discussed vip industry on the back of its quarterly and yearly numbers and today it's started moving up. This happens because market has collective wisdom and it knows how to read numbers and what should be the price level so if something is going wrong due to any reason it would be corrected asap and hence the price did not fall and now it's moved up.
Today portfolio dragged down a little by #namindia but I am having big expectation from the stock and the reason is sebi is thinking to add incentivised fees structure (expense ratio) for mutual funds and that can re rate the company.
About markets, its moving up steadily and both fii and dii are buying in the markets and that's results into upticks in portfolio value. We are moving up everyday making new high every day😃.
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