All stories by Ashley Coutinho
Markets: 'Volatility to remain higher than usual'Rediff.com3 Jun 2022
'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'
'Important to assess all investment options'Rediff.com19 May 2022
'Then select those that are well-aligned with your risk-return profile and investment time horizon.'
Wipro tops list of 300-plus stocks to hit 52-week lowsRediff.com14 May 2022
Analysts believe that investors should look at stocks that hit 52-week lows only if they have a dividend paying track record, are debt-free and have sound fundamentals.
A Good Time To Buy Large Caps?Rediff.com11 Apr 2022
'Large-caps are better placed to withstand the impact of higher input cost inflation, rising rates and withdrawal of excess global liquidity.'
Whistleblower alleges irregularities in Invesco's fixed income schemesRediff.com2 Apr 2022
Sebi is reportedly examining the matter internally and has reached out to the fund house on the matter.
Where Are The New Investors Coming From?Rediff.com2 Apr 2022
'With the ease of access, we have seen an increased participation from tier-2, tier-3, and tier-4 cities/towns.'
Bankers' Dilemma On LIC IPO PriceRediff.com8 Mar 2022
'It will be a cat and mouse game between investors and the government.' 'The issue will be launched only if there is sufficient demand from investors and the government is in agreement with the bankers on the valuations.'
Indian investors can trade in select US stocks via NSE IFSC from March 3Rediff.com2 Mar 2022
From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.
India moves to T+1 settlement from Feb 25. Here's what it meansRediff.com25 Feb 2022
Currently, trades on the Indian stock exchanges are settled within two days, just like most major markets such as Singapore, Hong Kong, Australia, Japan, and South Korea. Indian exchanges, however, will be moving to T+1 settlement from February 25 in a phased manner.
How Gen Z Is Changing Investing GameRediff.com21 Feb 2022
'Younger investors start their journey with very little capital so they are risking less while they have a lot of time to experiment and learn early on.'
FPI selling nears $6 billion in 2022Rediff.com16 Feb 2022
Illustration: Uttam Ghosh/Rediff.com After a brief respite at the year's start, FPIs have dumped shares worth more than $5.7 billion (Rs 42,596 crore), taking the cumulative net outflows since October to $10.5 billion (Rs 78,466 crore), and adding to the volatility on the bourses. The figure would have been a lot worse had it not been for net purchases to the tune of $5.7 billion in the primary market from October to date.
India's market capitalisation-to-GDP at 116%, highest since 2007Rediff.com14 Feb 2022
Despite the wobble in the markets over the past few weeks, Indian equities remain expensive as measured by several yardsticks. India's market capitalisation-to-GDP ratio, for instance, has touched a multi-year high. The ratio is currently at 116 per cent, based on the FY22E gross domestic product (GDP) number, above its long-term average of 79 per cent.
Share of retail investors in NSE companies at record highRediff.com14 Feb 2022
Retail investors have gained significant heft in the past year amid a sustained uptick in Indian equities. The share of retail investors in companies listed on the NSE reached an all-time high of 7.32 per cent in the quarter ended December 31, 2021, up from 7.13 per cent in the previous quarter and 6.9 per cent a year ago, the data from PRIME Infobase shows. This was despite the Nifty's 1.5 per cent decline during the quarter.
Directors in private cos may face tax recovery heatRediff.com11 Feb 2022
The proposal in the Finance Bill to amend provisions of Section 179 of the Income Tax (I-T) Act relating to tax liability of directors of private limited companies from April 1, 2022, could increase risks for directors of medium and small-sized firms in case of non-payment, said experts. While the language of the provision is quite broad, the title of the section limits itself to 'liability of directors of private companies in liquidation'. The Bill proposes to align the title with the scope of the provision, thereby ensuring that orders under this section can be issued even if the relevant company is not under liquidation.
Bonus stripping: Foreign portfolio investors from Mauritius feel the pinchRediff.com10 Feb 2022
Foreign portfolio investors (FPIs) who invest from Mauritius into Indian companies that dole out bonus debentures will get impacted by the tax avoidance provisions on bonus stripping. The FY23 Budget has extended these provisions - applicable only to MFs, so far - to shares and units of REITs, InvITs and AIFs. The move will especially affect large institutional investors who sell original units within nine months after the record date because the loss arising from sale of original units would have to be ignored for the purposes of computing taxable income and cannot be set off against any other capital gain.
Budget: Concessional rate dumped, foreign dividends now under tax ambitRediff.com2 Feb 2022
Concessional rate of tax on dividends received by Indian companies from foreign subsidiaries will be done away with from April 1, a change that may hamper global expansion of Indian companies and compel some firms to move their headquarters out of India to geographies such as Singapore and Dubai. At present, dividends received by Indian companies from their foreign subsidiaries are subject to a concessional tax rate of 15 per cent under Section 115BBD of the Income Tax (I-T) Act. The provisions of this section shall not apply from assessment year 2023-24 onwards, according to the Finance Bill.
'2022 will be a year of volatility'Rediff.com29 Jan 2022
'Making money in such markets is typically harder and investors need to put in considerable effort to identify stock ideas over the year.'
'Investors must be prepared for 20% fall'Rediff.com28 Jan 2022
'Largely, new demat accounts are now being opened by the younger crowd, particularly GenZ.' 'This is great news since younger investors start their journey with very little capital, so they are risking less.'
'Nifty can rally to 20,000 in 2022'Rediff.com21 Jan 2022
'India has entered an economic super-cycle driven by a housing cycle turnaround.'
'Small-cap is for 7 to 8-year horizon'Rediff.com18 Jan 2022
'We never go overboard on any stock, no matter how good it may seem.'