FI Bullets – February 2024

In February 2024, the majority of global equity markets provided significant returns to investors. In India, Sector-wise, the BSE Oil & Gas index surged the most (6.7%) during the month gone by. The BSE Auto index registered a gain of 6.4% followed by BSE Realty, which jumped 6.3%. On the other hand, the BSE FMCG index fell 2.2%.

While the Sensex gave moderate returns in February, as many as 74 stocks on the BSE 500 clocked double-digit gains of up to 32%. 

Also, India’s service sector continued to grow during February as positive demand trends supported sales and business activity. Growth rates slowed since January, though remained historically substantial.

Here is how our recommendations performed in February 2024.

Total Recommendations – 127

• Intraday – 88
• Momentum  – 19
• Short Term – 20

Futures and Options

Here is the performance of our recommendations for Futures and Options

                                                       Total Recommendations: 25

Star performers

Given below are a few star performers in our recommendations for the month of February 2024.