'They should decide their allocation based on their risk appetite and age, and not valuations.'
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Its rich valuation with a PE of 62 times raises downside risk for investors
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
She pocketed Rs 9.12 crore as remuneration in FY16
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
A typical consumer will have to opt for Jio's Rs 499 plan, which is a steep 2.5 times more than what the average user pays at present.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
In India, bond yields have fallen nearly 70 basis points in the last one year.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.
Government-owned companies are more generous in rewarding their shareholders with dividends.
Most of the index heavyweights are yet to declare their results.
India VIX has been mirroring the CBOE Volatility Index.
Shares of most European banks are down significantly.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
The derivatives expiry on Thursday is also expected to add to the volatility.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).