Mumbai: The Securities and Exchange Board of India approved several proposals, including the introduction of a new asset class, a shortened timeline for completing rights issues and an increase in the number of stocks eligible for same-day settlement, at a board meeting on Monday that stretched for seven and a half hours. This was Sebi’s … Read more
Vikas Pershad, Portfolio Manager and Deepika Mundra, Director, M&G Investments, in conversation with ET Now. Pershad says a consistent 15% growth rate suggests an investment could double in five years. M&G aims to identify earnings growth rates and valuations that allow for this doubling in under five years to outperform the market, focusing beyond absolute … Read more
“Value stocks are poised to lead the next leg of the rally. Their undervalued valuations, potential economic rebound, and favorable interest rate environment make them attractive investments,” says Sonam Srivastava, Founder and Fund Manager at Wright Research. In an interview with ETMarkets, Srivastava said: “While growth stocks may also experience a resurgence, the current market … Read more
Mutual funds based on the consumption sector offered an average return of around 13.73% in three months – the third highest among all equity mutual categories. Around 15 consumption funds have completed three months of existence in the market. Kotak Consumption Fund, the topper in the category, offered 17.97% return in the last three month … Read more
Savers have turned investors in 2024 as their exposure to bank deposits has fallen to 42% from 53% in 2020, Kotak Mahindra Bank Founder & Director Uday Kotak tweeted. Calling it a rebalancing of household financial assets, Kotak advised investors to change their mindset as the future called for a holistic approach to financial services. … Read more
“On the other side, the liquidity flow from the domestics continues relentlessly and we are amongst the few markets where the broader markets are doing so well,” says Mihir Vora, CIO, Trust MF.At 24,000 odd, a lot of investors who have made very handsome gains in their portfolios, trading books, as well as running their … Read more
The markets consolidated throughout the past week; the week was a shortened one with Monday, June 17, being a holiday on account of Bakri Eid. The past five sessions saw the markets staying in a capped range throughout the day. Even when the Nifty kept marking incremental highs, the intraday trend remained practically absent. The … Read more
