INVESTING

SENSEX

SENSEX scaling new highs…

SENSEX crossed 38,000 for the first time ever on 9th August and the NIFTY also closed in on 11,500 levels as markets kept hitting new highs on a regular basis. The broader markets which took a beating over the last few months with many smaller companies falling by 25-30% are also gradually recovering.The current correction …

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zero expense mutual fund

Can zero expense mutual fund schemes work in India?

Fidelity Investments has just launched a couple of new mutual fund schemes with zero expenses for retail investors in the US. These are the first ever zero expense ratio self-indexed funds for retail investors available in the market -Fidelity zero total market index fund (FZROX) and Fidelity zero international index fund (FZILX). In India, SEBI has been making …

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Deepak Nitrite Ltd

Deepak Nitrite Ltd: Expanding base

Deepak Nitrite Ltd (DNL) is a leading manufacturer of organic, inorganic and fine specialty chemicals (FSC). The Company’s product range includes chemicals which cater to a wide range of industries including colorants, agrochemicals, pharmaceuticals, rubber and specialty chemicals. DNL is also in the business of fluorescent whitening agent (FWA) and bulk chemicals & commodities. For …

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tariffs

Trade tariffs & counter tariffs

As the US nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10% tariffs on $200 bn of Chinese-made products, ranging from clothing to television parts to refrigerators by 30th August. The levies together with some $50 bn already in the works stand to raise import prices on …

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midcaps

NIFTY peaks but midcaps hit a trough

Though NIFTY scaled the 11,000 mark again on 12th July after a gap of over 5 months (last peak on 31st January 2018), midcaps & small caps continue to fall sharply as markets remain volatile. Starting with a disappointing budget where LTCG on equity investments was announced, followed by continuing bank NPAs, uncertain political outlook, …

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Garware Wall Ropes

Garware Wall Ropes Ltd – Netting in the gains

Garware Wall Ropes Ltd (GWRL) is engaged in the manufacturing of ropes, twines and cordage, nettings, multi-filament yarns, and geotechnical nets and fabrics of nets and net-related products. It provides innovative and application focused solutions to diversified applications across fishing, aquaculture, agriculture, sports, and other segments. The fisheries segment is the biggest contributor to overall …

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midcap

Midcap stocks on a free fall

Though frontline index such as NIFTY & SENSEX have been range bound, broader markets have taken a beating with many smaller companies falling by over 30% from their peak. Some of it is correction of excesses in the midcap space; it is also providing some good opportunities to enter some quality stocks at reasonable valuations. …

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monsoon

Beneficiaries of a normal monsoon…

The Indian economy is heavily dependent on monsoon rain. A normal and well-distributed monsoon usually results in an uptick in farmers’ income, which leads to an increase in the demand for consumer and automotive products in the rural market. There is a very strong correlation between the monsoon and the performance of the Indian economy …

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