Trideep Bhattacharya, CIO-Equities, Edelweiss MF, says within the various flexi caps that are there, it is important to have a reasonable mix of funds if there are more than one, where the large, mid, and small mixes are quite different. In case of multiple flexicaps, the overlaps would be relatively smaller, so to speak. So, … Read more
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending some indecisive sessions during the week. ETMarkets.com The week that went by saw some early signs of the Nifty entering into broad corrective consolidation while ending near its low point of the trading range. Given the … Read more
ED Yardeni of Yardeni Research, Inc, says the Nvidia-led tech selloff in the US was not due to slowdown fears but rather news about an impending monopoly probe against the AI powerhouse. Yardeni doesn’t think the economy is slowing. He says, it is just normalising and coming back to the pre-pandemic normal. The unemployment rate … Read more
Rajiv Batra, Head of Asia Pacific ex JP/CN, Equity Strategy and Head of India & Southeast Asia Equity Strategy, JPMorgan, says the second quarter of this fiscal year will not give great joy because the extreme heatwaves season will be replaced by torrential rainfalls which could be impacting some amount of demand. But that does … Read more
GE T&D India promoters GE Grid Alliance B.V. and Grid Equipments Private Limited have informed exchanges that they are in the process of reviewing their shareholding structure in the company and are evaluating the possibility of a minority stake sale. However, the promoter group has expressed its “strong intention to continue as the majority shareholder … Read more
Marcellus’ Global Compounders fund has outperformed the S&P 500 by a wide margin by keeping limited exposure to megacaps. “This positioning has insulated us from the recent drawdown and volatility. The megacaps, including not only the big tech names but also companies like Eli Lilly and Costco, have been bid up to extremely high valuations … Read more
Cameron Brandt, Director of Research, EPFR Global, says equity investors are treating market volatility as something of an opportunity and there is a bit of buying. Investors are coming in on lower valuations and cheaper entry points for ETFs in key markets. However, as investors are taking some risk off the table in high-yield bond … Read more
Strong global market cues provided a major impetus to the market as the Sensex surged more than 1,000 points in intra-day trades on all-round buying support. India Vix also descended from 20 levels to 15 during the week, which signals an easing in the cautiousness in the market and improvement in sentiments. The second half … Read more
Mumbai: Stock exchanges will expand the enhanced surveillance measure (ESM) framework from August 13 to include mainboard companies with a market capitalisation of up to ‘1,000 crore. Previously, the ESM framework applied only to companies with a market capitalisation of less than ‘500 crore. To address volatility in smallcap stocks, ESM mechanism was introduced in … Read more
A wager that stock markets would stay calm has cost retail traders, hedge funds and pension funds billions after a selloff in global stocks, highlighting the risks of piling into a popular bet. The CBOE VIX index, which tracks the stock market’s expectation of volatility based on S&P 500 index options, posted its largest-ever intraday … Read more
