Nifty 50 Quotes

When everybody thinks the same thing—such as what a sure bet the Nifty 50 is—it is almost certainly reflected in the price, and betting on it is probably going to be a mistake.

The lesson? When everybody thinks the same thing—such as what a sure bet the Nifty 50 is—it is almost certainly reflected in the price, and betting on it is probably going to be a mistake.

The problem was that even if individual fund managers thought differently, when taken as a group they became the market. They would align with the performance of the Sensex. In fact, the bigger the fund, the closer it was to imitating the Sensex or the Nifty 50.