INVESTING

Stock market update

Stock market update: Second Term Calling…

The NDA led by the BJP came back to power for the second term on 23rd May 2019, this time with a bigger mandate as the BJP on its own won in excess of 300 seats. NIFTY touched an all-time high of 12,103 while SENSEX touched a high of 40,312. Both the NIFTY & SEXSEX …

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accrual funds

Accrual funds: a great contrarian bet

The widening spread between accrual funds’ YTM and repo rate offer an attractive entry at the moment. Based on valuations, sentiments and industry flows, accrual schemes make a good buy at this juncture. Historically we have seen that whenever the spread between YTM and repo rate has been high, accrual schemes have given good risk-adjusted returns …

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duration funds

Time to take a call on duration funds

Debt mutual funds, broadly, follow one of the two strategies. One type of fund aims to make money out of predicting interest rate movements. Accordingly, it will buy and sell securities to have a particular maturity date of the portfolio. This strategy is called duration strategy. The second type of fund aims to invest in …

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Vesuvius

Vesuvius India Ltd – Steel strength

Vesuvius India Ltd (VIL) is part of the Vesuvius Group of UK, a world leader in the molten metal flow engineering. Vesuvius, UK, holds 56% of VIL’s share capital. In India, VIL is the largest player in the steel flow control segment in the refractory industry with market share of about 50% and overall market …

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election results

All eyes on election results- Who will cross the magic figure?

All eyes will currently be on the outcome of the election results on 23rd May 2019. Markets have been volatile for the last month as 7 phase polling continues. Last month NIFTY touched an all-time high of 11,856 while SENSEX touched a high of 39,487. Historically it has been seen that election outcome turns out …

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Regtech

What Is Regtech? It’s the next big thing.

Regtech- Regulatory technology is a term used to refer to any and all technology designed to help financial services companies maintain regulatory compliance. Most solutions are focused on maintaining compliance with know your customer (KYC) and anti-money laundering (AML) regulations. The term is generally used as a subset of fintech, the blanket label for any technology …

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Indian stock market

It’s the time to choose

Frontline indexes have been inching up over the last month as the NIFTY touched an all-time high of 11,761 while SENSEX touched a high of 39,270. Broader markets have recovered marginally but insignificant given the fall over the last year. Polling for general elections is underway from 11th April & we expect markets to be …

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Gold

Gold as a hedge against global uncertainty

One of the main reasons to own gold right now is the rising risk of a potential meltdown in global equities that is likely to underperform over the next year in a global economic downturn led by an imploding China.  China is projected to announce a gross domestic product expansion target for 2019 of between …

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indian stock markets

Terorist attacks & counter attacks

Positive profit growth outlook, steady mutual fund flows, reasonable valuations & inflation trajectory remaining stable augurs well for the markets. Low IIP numbers & GST collections though remain a concern. Short term investors should remain cautious as markets could be extremely volatile in the next couple of months leading up to the election outcome but any intermittent volatility should be used as an opportunity by patient investors with medium to long term outlook to accumulate good quality stocks