Today on 19.5.2023 stock market has moved differently. Large cap stocks have moved up and midcap and small cap stocks has remained flat. #nifty has moved up +73 points (+0.41%) and closed at 18,203 while #midcap100 has moved down -20 points (-0.06%) and closed at 32,550 and #smallcap has remained flat with move of just +1 point (+0.02%) and closed at 9,891.Today, stock portfolio has moved down ₹9255 (-0.39%) and now latest value of portfolio stands at ₹23,71,117.
Today portfolio is dragged down by heavy weight stock #bdl (#bharatdynamics ), it seems that the stock is in mood of taking rest after hitting fresh high of ₹1104. And on the other side, the stocks that tried to pull the portfolio were #tcs and #sbicards .
Anyway, it's ok. If we deduct the #bdl part (- ₹6,190) from today's fall then the weakness is insignificant and this is normal scenario with concentrated portfolios that some of the winners gone for vacation for some time and then you have to wait for them to come back and perform.
About overall market, again it's just time pass, markets are hovering around the same 18,100 levels (nifty) and going no where. That's it.😃.
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