Does a Market Rebalance affect your Portfolio?

Today’s Daily Byte

It was indeed a blockbuster day for private banking, with HDFC Bank leading the market higher. The Nifty continued its upward trend, closing at 24,286, up 0.67%, largely supported by the strong performance of HDFC Bank and other private banks. This marks almost seven to eight consecutive sessions of gains, baffling many observers.

Watch this video to see the story of the day unfold !

Reading Time : 4 Minutes

Equal Weight or Market Weight ?

Let us first understand the difference between the regular S&P 500 index and the equal weighted S&P 500 index. The regular S&P 500 index is weighted by market capitalization, meaning that larger companies have a more significant impact on the index. In contrast, the equal weighted index treats all 500 stocks equally.

Over the past two and a half years, the regular S&P 500 index has increased by about 17%, while the equal weighted index has only increased by about 2%. This difference shows that the larger, more heavily weighted stocks in the S&P 500 are performing much better than the smaller stocks. . . . .

Reading Time : 4 Minutes

China Vs India Debate

The MSCI India and MSCI China indices are followed by many institutions for their investments. These indices create portfolios that numerous institutions then mirror in their investments. The performance of these indices over the past five years shows some interesting trends.

After the Covid-19 pandemic hit, both India and China saw significant market movements. . . . . .

Reading Time : 3 Minutes