FPIs take out Rs 22,000 crore from equities in May amid poll jitters, Chinese mkt outperformance

FPIs take out Rs 22,000 crore from equities in May amid poll jitters, Chinese mkt outperformance

Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. This came following a net outflow of over Rs 8,700 crore in the entire April on concerns over a tweak in India’s … Read more

gold prices | oil prices: ETMarkets Smart Talk: Why gold, oil and equity markets are hitting record highs?

gold prices | oil prices: ETMarkets Smart Talk: Why gold, oil and equity markets are hitting record highs?

“The equity markets reaching record highs can be attributed to various factors, including the overall strength of the economy, corporate earnings, and investor sentiment. These characteristics have historically led to an increase in volatility,” says Vipul Bhowar, Director – Listed Investments, Waterfield Advisors. In an interview with ETMarkets, Bhowar said: “The market is expected to … Read more

staggered buying: ETMarkets Fund Manager Talk: Why is this asset manager cautious on markets and recommends staggered buying?

staggered buying: ETMarkets Fund Manager Talk: Why is this asset manager cautious on markets and recommends staggered buying?

The gloomy global economic outlook, optimally projected earnings estimate, coupled with high quartile valuation multiples has prompted Waterfield Advisors to take a cautious stance on the Indian market. “The benchmark Nifty-50 is trading at over 20 times its 1-year forward earnings. Though this multiple appears reasonable, it is not cheap compared to other global and … Read more