DSIJ Mindshare

One of the risk associated with investment in mutual fund is portfolio concentration. To earn more returns, equity funds have the tendency of investing large part of their portfolio in a handful stocks and sectors to beat the benchmark. 

Overall volumes in futures & options currently stand at 35 lakh contracts with a turnover of Rs. 3,19,544.84 crore.

Going ahead, Nifty has crucial support placed in the region of 11,090-11,100 and any move towards this support zone could be used as an incremental buying opportunity. On the upside, the levels of 11,175, followed by 11,200, are the resistance points for the Nifty. Top stocks to watch out: Welspun Corp, Snowman Logistics, Rushil Décor, Biocon, MOIL, HCL-Tech, Ester Industries, Reliance Infrastructure, ICICI BANK and Inox Leisure. 

Today, the start is likely to be cautious on sluggish regional cues. The SGX Nifty indicates that the Nifty may open at 11,133 with a loss of 10 points. 

After a downfall in the month of November, the share of foreign portfolio investments (FPI) in domestic capital markets through participatory notes (P-notes) has jumped to a 6-month high of over Rs 1.5 lakh crore at the end of December, despite stringent norms imposed by the market regulator SEBI to check their misuse.