Foreign investors injected Rs 30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. Additionally, the anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate Director – Manager Research at Morningstar Investment Research India, said. Going forward, … Read more
With the post-election and pre-Budget rally taking Sensex towards uncharted zone of 81,000 level, Nimesh Chandan, CIO, Bajaj Finserv AMC, says elevated valuation level is forcing him to think contrarian. “Due to high valuations in certain pockets of the market, we may see some sector rotation by investors in the coming months,” says the Dalal … Read more
Equity investors looking for a single product that has a mix of large, mid and small-cap stocks can consider an allocation to the new fund offer (NFO) of Franklin India Multicap Fund. Investors who already own mid- and small-cap schemes in their portfolio can skip the offer. The NFO is open till July 22. The … Read more
Theodoric Chew, 28, co-founded mental health startup Intellect in 2019. Theodoric Chew suffers from panic attacks and an anxiety disorder. But, he’s never allowed it to stop him — in fact, it’s inspired him to help others struggling with the same. Today, he is the 28-year-old CEO and co-founder of mental health startup, Intellect, that’s … Read more
With valuations of stocks related to the investment cycle and policy reforms capturing the near term potential, Sailesh Raj Bhan, CIO – Equity Investments, Nippon India Mutual Fund, suggests investors can also consider alternatives in large banks, IT and QSR.“Cyclical themes like manufacturing, industrials trade at higher premiums with high growth expectations and low room … Read more
In the complex world of financial markets, technical analysis is a crucial tool that helps investors understand market movements by examining indicators, chart patterns, and signals. This article explores the essential tools and methods of technical analysis, showing how they work together to guide strategic financial decisions. By mastering technical analysis, financial market participants can … Read more
Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.The digital asset shed 2.5% to change hands at about $56,870 as of 9:25 a.m. Friday in Singapore, while smaller coins like Ether and XRP also nursed losses.Crypto speculators currently face a range … Read more
ET Intelligence Group: With the benchmark Sensex touching a record 80K mark, distributors recommend caution to investors while toning down return expectations from the market. They advise incremental investments in multi-asset schemes. These schemes invest across various asset classes including equity, debt, and commodities thereby reducing dependence on a single asset class for return generation. … Read more
The equity indices Sensex and Nifty hit fresh lifetime highs before closing flat, as profit-taking in select banking and telecom shares occurred amid mixed global cues on Tuesday. Stocks in focus included Solar Industries, which rose 8.23%; Kotak Bank, which fell 2.49%; and Max Health, whose shares declined 4.46% on Wednesday. Viral Chheda, Senior Technical … Read more
“FII ownership at 16% is probably the lowest level of ownership. At the peak, we had 24% of the market owned by FIIs,” says Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance. In an interview with ETMarkets, Banerjee said: “FIIs reversed their selling trend and collectively purchased equities amounting to ₹2,061 crore in the … Read more
