December @amfiindia data is out; Equity ETF inflow for December is at Rs 12.673.5 cr Vs Rs 2,954.5 cr (MoM) whereas credit risk outflow at Rs 1,191 cr Vs Rs 1,899 Cr (MoM)… Business Strategy Or Structure – What Comes First? Abhishek Kothari □□ sur Twitter : ".@CNBCTV18News #IFCI sells 82% of their holding @NSEIndia for a consideration of `805.6cr Calculation shows @NSEIndia's price between `814-815 per share Alert: IFCI held 1.2cr shares or 2.44% in NSE prior to this stake s. Best Companies In India: India’s Best Governed Companies List Has Three New Entrants. Analysts Cut Buy Ratings For Nearly Half Of Indian Stocks Since June. Brokers May Struggle To Sell Illiquid Stocks To Comply With SEBI’s New Rules. New Demat Accounts Jump Despite Stock Slump.
PMIs: Double whammy for HNIs: After tax hit, PMSes let them down in July. NEW DELHI: No portfolio manager could make money for high-net worth investors (HNIs) in jittery July, which shaved 5.7 per cent value off Nifty and up to 10.87 per cent off the broader market indices.
This proved to be a double whammy for HNIs, who were still digesting the introduction of a new surcharge on income-tax in the July 5 Union Budget. Among a sample of 102 PMSes, including both aggregate and model portfolios, just one scheme managed to generate positive return during the month. One-fifth of them eroded investor wealth by over 10 per cent, with the worst drop being 14.60 per cent. As many as 79 schemes erased investor wealth by at least 5 per cent. Among the PMSes focusing on largecaps, Varanium Capital Advisor’s Largecap Focused Fund saw a 7.40 per cent drop in asset under management (AUM). MSCI Rejig: Indian Stock Winners And Losers. Mitsubishi UFJ Financial acquires significant stakes in Indian firms. India’s Top 50 Portfolio Managers Suffer The Worst Loss In Six Months In June. Budget: What caused the market crash? Big tax hit sends FPIs running for cover. NEW DELHI: Amid a host of Budget proposals that Finance Minister Nirmala Sitharaman tabled in Parliament on Friday, the increase in surcharge on income-tax hit foreign portfolio investors (FPIs) hard, leading to Monday’s big selloff.
FPIs rushed to book profit after Budget fine print showed the hike in I-T surcharge will lead to a spike in long-term capital gains tax for overseas investors. A Rare Economic Indicator Which Has Held Steady... Kotak Mahindra AMC Sees No Downside To Markets On Robust FII Inflows - BloombergQuint. SEBI may soon allow DVR shares with superior rights. At its next board meeting to be held on June 27, SEBI is likely to come out with guidelines on differential voting rights (DVR), new norms for buyback and pledging of shares by promoters, sources close to the development told BusinessLine.
Apart from superior DVRs and buyback of shares by high debt companies, high financing deals involving loan against shares to promoters by mutual funds and NBFCs have been a contentious issue for the markets of late. Generally, DVR shares carry rights disproportionate to their economic ownership. SEBI, through its guidelines, will attempt to clarify that DVRs have suitable safeguards and those holding these instruments will not be in a position to oppress minority shareholders. More Companies That Could Follow Zee, With Promoters Having Pledged Shares to Sell Bonds » Capitalmind - Better Investing.
You’ve got a bunch of mutual funds that were supposed to be “debt” – meaning, they are like fixed deposits.
Except, some of these funds gave money to certain companies that had no real business – but they got shares of big listed companies as collateral. Where did the money go? Analysts cut FY20 EPS for these 23 cos in last 4 quarters; should you sell? Consistent earnings growth is one of the major factors affecting an investor's decision to buy a stock.
It also affects stock price movement. If earning growth takes a hit, then chances are the stock price will fall. Net FY20 earnings estimates for BSE100 improved QoQ from -29 percent to -23 percent, led by net upgrades in materials, industrials and utilities sector companies. However, there are as many as 23 companies that have seen consistent downward FY20 earnings revision in the past four quarters.
They include Pidilite Industries, HDFC Bank, Grasim, Lupin, MRF, PNB, Cadila, Petronet LNG and TVS Motor, among others, Elara Capital said in a note. India MF Flow : Equity Inflows Rebound But Debt Schemes Drag Down Mutual Fund Flows In May. PEG Ratio: The 10 Cheapest Stocks With Earnings Growth Potential. Orient Cement Higher volume growth, prices and focus on cost cuts are expected to help the company boost its earnings.
The proposed capacity expansion is also likely to drive performance. Understanding business cycles to help in making prudent decision in investing in mutual funds Read. Earnings disappoint: 10 stocks where brokerages cut target price post Q4. The March quarter was expected to see recovery in earnings from corporate India, but the early trends suggest a different story.
January-March 2019 was a quarter of restrained growth momentum in India as reflected in high-frequency growth indicators including passenger vehicle sales, two-wheeler sales, air passenger traffic, etc. “Early March quarter earnings indicate that the Indian economy has slowed and the much-awaited revival in earnings growth may be delayed further. Three themes to bet on as India moves towards $4-trillion economy. Chetan Phalke Indian economy stands at a very interesting juncture at this point of time.
The economy is just coming out of excess capacities that were created during early part of the decade. NPA mess, which was created due to superfluous credit growth and subsequent evergreening of unviable projects, is being tackled, and we are at the tail end of provisioning cycle by corporate banks. At the same time, the system is going through a huge regulatory churn. Reforms like GST coupled with insolvency & bankruptcy code, automatic route for FDI, electricity for all, increasing banking penetration, improving tax-to-GDP ratio, acceleration in dedicated freight corridor (DFC) completion, changes in transportation policy, etc. have created a fertile ground for the next leg of upcycle.
If we analyse the potential impact of all these changes, three broad themes are emerging as potentially rewarding investment opportunities.1. Elections: Look who is sitting on a cash pile to buy stocks after election result. Mumbai: The domestic equity market is likely to trade in a narrow range until the election results, with foreign fund flows slowing down and mutual funds opting to sit on cash ahead of the crucial event.
While corporate earnings may influence individual stock prices selectively, the market is largely likely to remain lacklustre. BSE’s 30-share Sensex scaled a record high of 39,487 last week, but is down 1.5 per cent ever since to trade at 38,836. Year to date, it is up just over 7 per cent. Stocks to buy: 12 stocks where promoters, FIIs and DIIs all raised stakes in Q4. In the March quarter rally in Indian equities, 12 stocks stood out, having seen simultaneous increase in shareholding by promoters, domestic mutual funds as well as foreign institutional investors (FIIs).
Insiders raising stake in a company is usually considered a positive signal for investors. And when institutional investors follow suit, it’s seen as an icing on the cake. Analysts say with the whole trinity together showing faith in these companies, there is surely something good going in favour of these stocks. The list included some well-known names such as Reliance IndustriesNSE 1.58 % (RIL), Just Dial, JM Financial, HCC, Nava Bharat VenturesNSE 0.67 % and Chambal Fertilisers, among others. RIL promoters raised their stake to 47.27 per cent at the end of March from 47.19 per cent at the end of December. Zoom IPO: Stupid Investors Made Unrelated Stock Surge 54,000% Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: "CCN+Hacked". Sign up here. Sebi slaps Rs 1 crore fine on 11 entities for manipulative trade. Markets regulator Sebi on April 18 slapped a penalty of over Rs 1 crore on 11 entities for fraudulent and manipulative trading in the shares of Emed.com Technologies.
The regulator had conducted investigation from August 2013 to June 2014 regarding the trading in the scrips of Emed.com Technologies. During the probe, Sebi found that the entities were connected to each other and had executed circular trades wherein they transferred shares in off-market to certain entities and then purchased back those shares in on-market, thereby giving misleading appearance of trading.
Besides, they contributed to positive last traded price (LTP) and establishing of new high price (NHP) in the scrip, the Securities and Exchange Board of India (Sebi) said. "The group entities have contributed to the creation of artificial volumes and inflated/ manipulated the price of the scrip and thus violated...PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) Regulations," the regulator noted. How not to get fooled by fake investment advisors.
On March 20, Securities and Exchange Board of India (SEBI) passed an interim order banning three individuals, Rishabh Jain, Ubaidur Rahman and G Kadar Hussain from offering any investment advice to anyone. It also directed them to remove all advertisements, banners, brochures and other forms of communication that spoke about their so-called investment advisory business.
And it barred them from securities market. Their crime? Between the three of them, they defrauded several gullible investors. Sensex: Does election outcome really alter stock market dynamics in India? By Ankur Maheshwari An election year is usually perceived to be a year of enhanced volatility for equity markets. Investors may get swayed by projections of possible election outcomes and may also be tempted to time the market. However, it is important for long-term investors to decide on portfolio allocation based on one’s risk profile and financial goals rather than various event-based return scenarios. India VIX: What is India VIX really telling us? As the domestic equity market halted a seven-week winning run last week, Dalal Street’s fear factor India VIX climbed a near six-month high amid the ongoing earnings season and general elections. India VIX, a measure of the market’s expectation of volatility in the near term, rose 21 per cent last week, after staying in the 14-19 per cent range since October last year.
The volatility index, which NSE computes based on the order book in Nifty options, jumped to 20.9975 on April 13 from 18.39 per cent on April 5. Should you panic about the near-term outlook of the market because of the rising VIX? Since volatility is always seen as a risk, it is almost always thought to signal market falls. Stock Market: India’s Longest Bull Rally In The Making Is The Slowest. India’s benchmark index is on track for its longest bull run, but it’s also going to be the slowest.
Nifty 50’s latest bull rally—signified by at least a 20 percent jump—began in February 2016. The index has gained 66 percent in the past 38 months, returning lower gains than the previous six bull runs. The current rally has been marked by volatility with the benchmark index tumbling on three occasions, the most recent being the 15 percent drop from highs of 11,760 in August 2018. The Nifty 50 has had 424 positive trading days, second only to the rally between December 2011 and March 2015 with 440 positive trading days before the benchmark tumbled 23 percent to enter the bear territory.
Q3: Are you confident that inter-scheme transfer of securities is not being misused? @ananthng Read. Q4 Preview: Citi Research: Fourth Quarter Earnings Growth May Rely On Just One Sector. Nifty: Mr Market is becoming boring, whipsaw correction under way. The domestic equity market is witnessing a whipsaw phase, which did not allow the bulls nor the bears to make any headway through the week. This is typically a corrective phase, which the market is undergoing after witnessing a strong rally from 10,600 right up to 11,800, which is now being corrected.
Statistically, similar corrections in the past have taken around a month’s time. Lok Sabha Elections 2019: The Hurdle Is High for Indian Markets Even If Modi Wins Again. Subhadip Nandy sur Twitter : "2019 : VIX has crossed 20, 10 day average ATR is already at 110-115 points. I wouldn't be surprised if we start getting 200 point move on the Nifty on a regular basis. Remember, the moves come both sides without any secular t. Q4FY19 Earnings: These Companies May Deliver The Best And Worst Margin Performance In FY19. RBI cuts repo rate: 12 rate-sensitive stocks that will benefit the most. The Reserve Bank of India (RBI) slashed repo rate by 25 bps to 6 percent on April 4 as expected and kept the stance unchanged to ‘Neutral’. This is the second rate cut in 2019. “These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 percent within a band of +/- 2 percent while supporting growth,” the central bank said in a statement.
Nilesh Shah sur Twitter : "Saudi Aramco earned $ 111 billion profit on $ 360 billion sales last year. Saudi Aramco makes more profit than all of Listed Indian Companies Put together. Saudi Aramco makes more profit than Apple, Alphabet and Exxon Mobil comb. 'See Nifty at 13,500 if 12,000 level taken out decisively' Dyaneshwar Padwal, AVP Technical Analyst, KIFS Trade Capital, sees the Nifty heading to 13,500 levels if the 12,000 mark is taken out decisively.
He told Moneycontrol’s Kshitij Anand that the index may trade rangebound between 11,300 and 12,000 levels during the April series. Markets in a phase of fresh expansion; #PSUBanks & other #PSUs have seen big buying & very high probability of #Nifty hitting 13,000 before polls. Watch #market trade set-up with @_anujsinghal… - Irrational Exuberance i think of this article.
FY19 market report card: Over 300 stocks in BSE 500 in red, 3 gave over 100% returns How A No-Deal Brexit Is Shaping Up, From Banks To Food Supplies. Investors lose as stocks turn dear. Investors in the equity markets have been on the losing side over the past three years, as they have paid more money to buy their preferred scrips than they deserve, reveals a DH analysis. The market capitalisation of all the companies listed on the exchange has shown a healthy compound annual growth rate (CAGR) of 16.6% since 2015-16. The total market capitalisation of all the companies listed on BSE stood at Rs 1,44,48,466 crore by December 2018, a growth of 52.5% compared to Rs 94.75 lakh crore as on March 2016, according to the data available with Bombay Stock Exchange (BSE). Use Pivot Point in conjunction with other technical indicators to maximize trading success. Shabbir Kayyumi. The Mutual Fund Show: A Step-By-Step Guide To Unravel The Debt Fund Puzzle.
One Of Wall Street’s Most Popular Trading Strategies Is Now Failing. Here are 16 fundamental midcap picks by Ambit Capital available at cheap valuation. Nifty - Implied Volatility Chart. Stocks to buy: Sureshot returns! Where you can expect biggest dividends in FY20. NEW DELHI: At a time when the market has turned volatile, companies with strong track records of doling out dividends to investors can be good investment bets. For FY20 so far, analysts are expecting Nifty50 companies to deliver an aggregate dividend yield of 2.2 per cent. The highest yield is expected from the energy sector at 5.3 per cent and lowest from the pharma basket at 0.75 per cent. Week in 5 charts: Sensex, Nifty end with marginal gains; metal stocks outperform.
Investment in low volatility index stocks - a winning strategy for risk-averse investors. Q3 Earnings Review: Nifty Companies Missed Estimates Because Of This… Indian Stock Market News, Equity Market and Sensex Today in India. Stock market crash: 5 reasons which pulled Sensex, Nifty down. Mutual Funds With The Biggest Exposure To Essel Group, Dewan Housing And IL&FS. Karti Chidambaram: Supreme Court Asks Karti Chidambaram To Deposit Rs 10 Crore Before Travelling Abroad.
Interim Budget 2019: 25 stocks that brokerages are betting on to play the event. Pledged shares: Share pledge scare on Dalal Street: Check out the stocks in high-risk zone. Reflections on the Ten Attributes of Great Investors Mauboussin. Sensex: 4 out of top 10 firms add Rs 54,456 crore to m-cap.