Fund Manager Talk | Zomato’s turnaround inspiring confidence in other new-age stocks: Arvind Kothari

Fund Manager Talk | Zomato’s turnaround inspiring confidence in other new-age stocks: Arvind Kothari

Zomato’s success in turning around its financials and its strategic growth initiatives have inspired confidence in the potential of other startups, says Arvind Kothari, smallcase Manager & Founder at Niveshaay.“Additionally, their ability to adapt to market demands, leverage technology, and scale efficiently has further solidified their appeal,” he says when asked to comment on Dalal … Read more

FPIs sell off big in financial services sector in August

FPIs sell off big in financial services sector in August

Foreign investors dumped shares in financial services companies worth ₹14,790 crore during the first-half of August. This is the highest selling by FPIs across sectors in this period. These investors sold shares worth ₹28,642 crore across 15 sectors between August 1 and 15, according to data from National Securities Depository Ltd (NSDL). Analysts said that … Read more

Understanding Aggressive Hybrid Funds; here’s all you need to know

Understanding Aggressive Hybrid Funds; here’s all you need to know

Financial planners believe first-time investors in mutual funds can consider an aggressive hybrid equity fund to start with given that it combines two asset classes and is likely to be less volatile as compared to a pure equity fund. WHAT ARE AGGRESSIVE HYBRID FUNDS? Aggressive hybrid funds invest between 65% and 80% of their total … Read more

Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure

Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure

Benchmark indices ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers. In today’s trade, shares of IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure among others will be in focus due to various news developments. IndusInd Bank IndusInd Bank has … Read more

gold ETFs: Price fall, tax changes make Gold ETFs attractive; more so as SGBs seen on hold

gold ETFs: Price fall, tax changes make Gold ETFs attractive; more so as SGBs seen on hold

Mumbai : A dip in gold prices due to customs duty cut, long-term tax efficiency post the budget announcement, and the likely withdrawal of new issuances of sovereign gold bonds (SGB) are pushing investors to gold exchange-traded funds (ETF) or gold funds. Financial planners believe that investors should have at least a 10% allocation to … Read more

Sentiment sours on growth, turns to FMCG for a bounce

Sentiment sours on growth, turns to FMCG for a bounce

Smart money has recently shifted toward fast-moving consumer goods (FMCG) and consumption-related shares, with global macroeconomic volatility in the shape of weak US economic data, a declining Yen, and rising geopolitical tensions dulling the allure of growth and momentum stocks. However, money managers and analysts see limited short-term upside for FMCG stocks due to high … Read more

More hedge funds buy Bitcoin ETFs on institutional demand

More hedge funds buy Bitcoin ETFs on institutional demand

Hedge funds, pensions and banks continued to lavish capital into exchange-traded funds that invest directly in Bitcoin, as more traditional investors embrace the asset class that US regulators begrudgingly helped push into the mainstream at the beginning of the year. Among the most well-known buyers that have emerged are hedge funds like Millennium Management, which … Read more

Big movers on D-Street: What should investors do with Voltas, RVNL and MapMyIndia?

Big movers on D-Street: What should investors do with Voltas, RVNL and MapMyIndia?

Domestic markets closed marginally lower in highly volatile trade on Monday amid allegations against Sebi chief Madhabi Puri Buch and her husband by the US short-seller Hindenburg Research. Stocks that were in focus include names like Voltas, which rose 10.69%, RVNL, which jumped 11.16%, and MapMyIndia, whose shares increased 3.75% on Monday. Here’s what Kushal … Read more

emerging markets: India set to close in on China as emerging-market stock anchor

emerging markets: India set to close in on China as emerging-market stock anchor

India is poised to narrow the gap with China in MSCI Inc.’s gauge for developing nations. Analysts from firms including Smartkarma and IIFL Securities Ltd. expect India’s weight in the MSCI Emerging Markets Index to rise by at least one percentage point following the index provider’s review this week. This would bring the country almost … Read more

investors: Top individual investors made more money in June quarter

investors: Top individual investors made more money in June quarter

Mumbai: Anuj Sheth, Manish Jain, Vijay Kedia, and Akash Bhanshali were the top wealth creators among the 15 wealthiest individual investors in India during the June quarter. In contrast, the portfolios of Jhunjhunwala and Family, Ashish Kacholia, Tejas Trivedi, and Vishwas Ambalal Patel saw a decline during this period, according to primeinfobase.com data. These portfolios … Read more