Nifty has tripled from its March 24, 2020 low of seven,511; Listed here are the highest movers

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what is DMA (Direct Market Access)in the Indian share market?

What is DMA?

DMA, or Direct Market Access, is a service offered by stockbrokers that allows traders to place orders directly on the stock exchange’s order book. It eliminates the need for intermediaries, such as market makers or brokers, and provides traders with direct access to the market. This means that orders are executed faster and at potentially better prices.

How Does DMA Work in the Indian Share Market?

In the Indian share market, DMA is facilitated through the use of technology and trading platforms provided by stockbrokers. Traders can access the market through these platforms, which connect them directly to the stock exchange.

Benefits of DMA in the Indian Share Market

1. Speed and Efficiency: DMA enables faster order execution as orders are placed directly on the exchange’s order book. This can be particularly advantageous in volatile market conditions where every second counts.

Conclusion

DMA, or Direct Market Access, is a powerful tool that allows traders to directly access the stock exchange’s order book. In the Indian share market, DMA offers numerous benefits, including speed, transparency, control, lower costs, and access to real-time market data. By utilizing DMA, traders can enhance their trading experience and potentially improve their trading outcomes.

The Nifty 50 fell to a low of seven,511 on March 24, 2020. 4 years later, it’s 3x from these ranges. That low was made a day after the nation went right into a lockdown to fight the Covid-19 pandemic.It has been a swift restoration for the market, which has now delivered optimistic annual returns for eight years in a row until the top of 2023. The beginning of 2024 has additionally been optimistic for the Nifty, which gained 1.2% in February, 1.5% in March and is up one other 1% in April to date.The experience has been swifter over the last 12 months, when the index making a backside at 16,828 on March 20. Since then, the index has gained over 5,500 factors.

All 50 index constituents have delivered optimistic returns because the Covid-19 low. Shares of Adani Enterprises and Tata Motors lead the pack with each shares having gained between 10 instances to twenty instances throughout this era. The listing is dominated by steel names and shares like Apollo Hospitals, a latest Nifty entrant and Grasim.
High Nifty PerformersStockReturns From March 24, 2020Adani Enterprises2375percentTata Motors1363percentMahindra & Mahindra621percentHindalco543percentAdani Ports485percentTata Steel482percentGrasim481percentJSW Steel476Apollo Hospitals457percentL&T438%
With the form of positive factors seen within the listing above, even shares which have doubled throughout this era, function as underperformers on the Nifty. Nevertheless, there are additionally shares like Hindustan Unilever, which is the worst performer on the Nifty throughout this era with positive factors of slightly below 30%. Asian Paints, HDFC Financial institution, UPL, which was the worst performer on the Nifty in 2023, additionally function on this listing.
Nifty’s UnderperformersStockReturns From March 24, 2020Hindustan Unilever12percentKotak Mahindra Bank57percentHDFC Life62percentDivi’s Laboratories81percentAsian Paints89percentHDFC Bank91percentNestle India96percentBritannia109percentDr. Reddy’s Labs117percentTCS129%
All sectoral indices have additionally delivered optimistic returns throughout this era. Whereas broader markets have outperformed, they don’t seem to be one of the best performers. It is not banking or auto shares both. Actual Property has emerged as one of the best performer throughout this era, with the realty index having gained over 400% throughout this era. The Nifty Financial institution index has additionally tripled throughout this era.
Indices Since March 24, 2020
IndexReturns From March 24, 2020Nifty200percentNifty Bank177percentNifty Midcap336percentNifty Smallcap362percentNifty Realty430percentNifty Auto359percentNifty IT228percentNifty Pharma197percentNifty PSE357%
Most shares on the Midcap index have additionally delivered sizeable returns because the Covid lows. The underperformers on the index, shares like Delhivery, Nykaa and Paytm, had not listed in 2020. Aside from these names, solely Sure Financial institution has delivered destructive returns throughout this era, declining by 32%.
StockReturns From March 24, 2020CG Power9,758percentKPIT Tech3,934percentBSE2,637percentFACT2,522percentPoonawalla Fincorp2,483percentSuzlon2,371percentRVNL2,278percentPersistent Systems1,481percentTata Elxsi1,322%
JBM Auto has emerged as the highest performer on the Nifty Smallcap index from the lows of March 24, 2020. Different names on this listing embrace shares like Titagarh Rail Programs, Olectra Greentech and Tata Teleservices.It have to be clarified that the returns on this story have been calculated from the day the Nifty made its low and never from the day these particular shares or indices made theirs.

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