“I think AMCs are looking at the numbers a little incorrectly, which makes them, wo kehte hai na, Galib yeh dil ko bhelane ke liye khayal achcha hai. Because there is no way to segregate a folio as SIP folio and lump sum folio,” says Feroze Azeez, Dy CEO, Anand Rathi Wealth.It is kind of … Read more
Rakesh Rawal, CEO, Anand Rathi Wealth, says it is easier to get flows when market sentiment is backed by investor confidence. When there is a little bit of turmoil, then more efforts are needed to build confidence and the past has shown that extra efforts do not change the direction of flows. So, yes, if … Read more
Domestic markets traded volatile and closed almost unchanged on Thursday, in continuation to the previous trading session. In today’s trade, shares of TCS, HCL Tech, Anand Rathi Wealth, Prestige Estates, RIL among others will be in focus due to various news developments and first quarter results. HCL Tech, IREDAShares of HCL Tech and IREDA will … Read more
Markets fluctuated sharply within a range and ended up losing nearly half a percent on Wednesday, wiping out the gains from the preceding session. In today’s trade, shares of Nykaa, TCS, Tata Elxsi, Glenmark Life, YES Bank, Siemens among others will be in focus due to various news developments and first quarter results. TCS, Anand … Read more
“Honestly the infrastructure would need to be improved, the backend technology would have to be improved for them and the timeline for them is I would say two months, within two months they have to get all this sorted,” says Shweta Rajani, Anand Rathi Wealth.In my personal experience, I was hospitalised once and I got … Read more
Sebi’s new guidelines for managing stock price impact arising from market rumours will ensure that the share price used in the merger and acquisition (M&A), buyback, and other transactions are not artificially influenced by speculative market activities, experts said on Wednesday. Market rumours pertaining to a company’s business can create significant volatility in stock prices, … Read more
Notwithstanding all the noise around froth and stress tests, mutual fund managers could not resist the charm of Dalal Street’s ‘Chote Miyan’ as the cash levels of smallcap schemes dropped 49 basis points in March. So what did our money managers do with the cash? While a part of it could have been spent in … Read more
Rakesh Rawal, CEO, says “Anand Rathi Wealth has grown in the 30% range for the last several years that we have been in the market. We projected 20-25% and achieved 30%. This year also, we projected 20-25% and hopefully we should meet that and try and better the expectations. Broadly, the industry is very well … Read more
After IT bellwether Tata Consultancy Services (TCS) and Infosys started the earnings season on Thursday, 18 companies will be announcing their December quarter results today. Street will be having its eyes fixed on results of HCL Technologies and Wipro. The other important results that will be tracked today include those from HDFC Life Insurance Company, … Read more
