Global and Indian markets have been shining so far in 2024 with MSCI world up 13%, MSCI India increasing an impressive 21%, and small and midcap Indian indices almost 30%. For the remaining part of the year, global events would take centre stage as to how the equity market performs globally and headwinds seem more … Read more
Alessia Berardi, Head of Emerging Macro and Strategy, Amundi Investment Institute, says investors need to reconcile the high valuation of the Indian market with the high potential growth in India. The valuation did not deter foreign investors from entering the market as we have seen since last year. India is a country in transformation. Investors … Read more
The budget continues to build on the recent economic progress, and despite substantial provisions for necessary investments, the fiscal deficit is decreasing. It notably prioritises nine areas, which include agriculture, employment, human development, energy security, manufacturing, innovation, infrastructure, and next-generation reforms. Significant allocations and initiatives are aimed at transforming India’s education and employment landscape. Efforts … Read more
Indian companies raised a record $29.5 billion (nearly Rs 2.5 lakh crore) in the equity market through IPOs & FPOs during the first half of 2024, more than double the amount raised in the same period last year. The Jan-June total is the highest ever in terms of proceeds, with the number of issuances also … Read more
“The Union budget 2024-25 is significant, being the first from the new regime. The focus will be on taking the unfinished agenda and fast tracking some of the pending reforms,” says Jiten Doshi, Co-founder & CIO, Enam AMC. In an interview with ETMarkets, Doshi said: “One can expect special focus to boost the income opportunities … Read more
“Why should we say that once you are listed you can never leave. This isn’t Hotel California. This is a rich, vibrant market. We welcome people, but if for some reason they need to exit, they must be able to” Sebi chairperson Madhabi Puri Buch said this week. And why shouldn’t we all agree with … Read more
GIFT Nifty, which stands as a new benchmark to the growth story of the Indian equity market, recorded its highest ever monthly turnover of 21.23 lakh contracts worth Rs 7,97,714 crore or US $95.55 billion during the month of June. This is an all-time high monthly turnover for GIFT Nifty, surpassing its previous record of … Read more
India’s economic trajectory over the last decade has been nothing short of remarkable. With robust macroeconomic management and a resilient corporate sector, the nation has emerged as a beacon of stability in a tumultuous global landscape. Despite the challenges posed by the Covid-19 pandemic, India has maintained its course, showcasing resilience and adaptability in the … Read more
The higher the Relative Valuation component score, the better it is. Synopsis While the desire to own small caps is high, it is very important to manage the risks of investing in them, they may either give very high returns or just make your capital under perform significantly. For enthusiasts and steadfast supporters of small-cap … Read more
In response to last week’s column -‘Time to Ponder a One Foot Out of the Door Plan’- as a possible strategy in the equity market, I received a great deal of feedback from readers sharing their own investment plans and views. One of the aspects they sought more clarity on was the applicability of the … Read more
