MUTUAL FUNDS

Indian stock markets

Time for laggards to catch up

Markets have been touching new 52-w highs over the last one month, NIFTY touching a high of 18887.  We may see some profit booking, given the global economic situation, though improving, is still in a precarious position. With inflation easing marginally in the US, we are close to peak interest rates globally. In India this …

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markets at a high

Markets on a high despite headwinds

Markets have been touching new 52-w highs around NIFTY 17400 levels despite globally high interest rates, high inflation, energy crisis in Europe & fears of recession. With inflation easing marginally in the US, the dollar index has declined marginally to 106. Prices of crude among other metals & mining commodities are inching up on expectations …

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global headwinds

Global headwinds restrain equities

Markets have been trading with a negative bias around 17000 levels. Globally high interest rates, high inflation, energy crisis in Europe & fears of recession are indicating to some tough times ahead. The dollar index has gone up to a two decade high of 113. Prices of crude among other metals & mining commodities are …

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india blooms, global recession

India blooms – Global recession looms

Markets have been volatile between 17400 to 18100 levels. Globally high inflation, energy crisis in Europe & fears of recession are indicating to some tough times ahead. The dollar index has gone up to a two decade high of 110.  Prices of crude among other metals & mining commodities are on a downward trend due …

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FII buying indian markets

FIIs back in action in India

Markets bounced back sharply over the last month by over 10% to 17900 NIFTY levels. Lower 10 year g-sec rates & inflation globally have eased nerves to some extent. Given the lower inflation print we expect rate hikes to slow down over next 3 months. Prices of crude among other metals & mining commodities declined …

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Section 54F

Want to buy a house by redeeming mutual fund investments?

Are you planning to buy a residential flat by investing the redemption proceeds of mutual fund investment? Will you be able to claim capital gain exemption if you reinvest the redemption proceeds for buying the second residential flat or claim the benefits a second time ? Well the answer is –  Section 54F of Income …

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Inflation global

Global Inflation drives G-Sec yields

Markets have been range bound over the last month as inflation increased leading to increase in 10 year G-sec rates globally. NIFTY & SENSEX were up 19.4% & 17.5% in FY 22. This move has largely been driven by DIIs due to strong inflows into mutual funds which offset strong FII outflows over last year. …

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Ukraine Russia

Russia shoots down Ukraine & markets

Markets corrected over the last month due to the Ukraine Russia conflict which has been going on for over a fortnight now. We expect markets to remain volatile till we have a resolution in place. Going ahead inflation remains the primary concern as crude is above $100/bbl. Corporate earnings need to improve in subsequent quarters …

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stock markets

Stock markets hit new highs

As the economy gradually opens up we are witnessing better economic data, stock markets are hitting all-time highs. There has been a gradual decline in daily COVID cases over the last few months. We have also seen steady progress in terms of vaccines by different countries as vaccines have already been launched in the UK, …

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SAMVAT 2077

SAMVAT 2077- Waiting for a new beginning

SAMVAT 2076, though looked good for markets, was a bad year for all of us due to a black swan event – the COVID pandemic. NIFTY is up ~5% yoy since last Diwali. In between though there was a sharp fall in markets by ~35% in March 2020 and there was complete lockdown in economic …

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