There has been a major sell-off in the Indian markets over the last month largely due to consistent selling by FPIs due to higher tax implication post budget. Thereafter the major topic of discussion has been how the government revoked article 370, which grants special status to Jammu & Kashmir on 5th August 2019. Ever …
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 …
The Year that was… SAMVAT 2074 was a bad year for the markets as NIFTY was largely flat yoy. Markets were supported by domestic liquidity due to strong monthly inflows into equity mutual funds. Net inflows into equity MF in last 12 months were to the tune of Rs.1,20,000 cr. FIIs in contrast have been …
As we draw close to the current financial year, markets have corrected ~10% from recent all-time high NIFTY of 11,171 touched on 29th January 2018. The markets & especially mid & small-caps were overvalued & some price rationalization is happening. The increasing trend in 10 year g-sec rates in both India & the USA are …
There has been a lot of talk about a FED Rate hike possibly by 25 bps and its effects on the Indian markets. There may be some impact for a few days but history says that there has been no major impact on the Indian stock markets as evident from the chart below. Points to …