A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.
Since its low on July 26, the US dollar index has gained a little over eight per cent. In the same period, the Bombay Stock Exchange Sensitive Index, or Sensex, has lost 12.4 per cent, establishing a negative correlation of about 1.5 times.
When the markets are falling or rising consistently, stocks hitting upper or lower circuit is a common feature. It also means that investors, especially in a falling market, might find themselves unable to exit - at least immediately - from a stock that has hit lower circuit.
The appreciation of the rupee, the dividend distribution tax and the hangover of the minimum alternate tax on information technology companies under the Software Technology Parks of India scheme have pulled the prices of IT stocks down.
60% stocks in BS 200 underperform the Sensex in 2011.
Based on the current scenario, he classifies real estate as the highest in the risk grade, followed by infrastructure companies involved in construction, hotels, commodities and auto.
Whether it was scams or the threat of recession, the market survived everything with aplomb.
It's been a tough three years for retail investors. With the Sensex giving barely 4 per cent annual returns, even lesser than the inflation rate, it is very difficult to keep waiting. Investors are, therefore, booking profit and exiting the markets. Should you?
Heavy institutional buying in banks and technology counters helped the Bombay Stock Exchange's benchmark index end at an over seven-month high, overcoming uncertainty on the outcome of the elections and weaker-than-expected industrial output data.
According to a report 62 markets worldwide are now up.
The markets are nearing the bottom and the worst will be over soon. That's the overwhelming mood among a range of brokers, research analysts and fund managers, according to a poll conducted by Business Standard on a day the Bombay Stock Exchange's benchmark Sensex shed 499 points to close below 13,000.
The Indian stock market, hit by global fears and a high inflation-interest rate regime, has been the second-worst performer in Asia this calendar year - a shade above Bangladesh.
The country's two ubiquitous financial powerhouses, HDFC and ICICI Bank, have been the darling of participatory notes, the instrument through which overseas investors invest indirectly - through foreign institutional investors - in India's stock market. Among the stocks comprising Bombay Stock Exchange's Sensitive Index and National Stock Exchange's S&P Nifty, HDFC has the highest P-Notes holding in value, 14.2 per cent, followed by ICICI Bank's 9.1 per cent.
Market experts predict that the equity markets are likely to remain volatile for the rest of the year.
Domestic 3rd quarter news weigh on sentiment. Analysts, however, saw some silver lining with European markets trading higher.
Investors can take exposure in such schemes. Selection of funds, however, is very important
The Children's Investment Fund Management and its affiliates have emerged as the single-largest seller of Indian stocks among foreign institutional investors.
A weak rupee and strong global markets make a case for investing in foreign funds, but themes have to be chosen carefully.
The super-rich club is shrinking at a dizzying pace. Over 100 billionaires (net worth of Rs 100 crore and above) have turned millionaires courtesy the decline in share prices over the last six months.
So as we can see, the appreciation of the yen to 112 yens to a dollar, has led to the profit of the carry trade investor coming down drastically to 1.78 per cent.
Sensex had opened on a shaky note at 15,838.63 but managed to recoup all the losses and rebound into the positive terrain for a short while to touch a high of 15,957.06. However, the weak opening of the European markets, coupled with subdued Asian markets, pushed the index into the red and slip to a low of 15,330.56. Intraday volatility on the bourses was high and the index moved in the range of 627 points in the day.
The trend has attracted the attention of fund managers who have resumed launching products targeted at HNIs.
Huge short covering and strong buying from institutional players and traders alike helped the Bombay Stock Exchange Sensitive Index, or Sensex, to a six-month high on Wednesday.
"Why should we panic? Today, the market is at a higher level. Even a 400 points fall is less than 3 per cent of the market," said Anoop S Kumar, a retail investor who works for a public sector bank. He's not alone who thinks so.
For an investor, gold is a necessity in the portfolio.
Number of people with net worth of at least Rs 100 crore at 475 now.
Delay your asset reallocation, take a call on debt after a few months.
For retail investors, who had suffered big losses in the mayhem that started in January 2008, this is certainly a good news. Since mid-March, when the Sensex was languishing at 8,000 levels, there has been a sharp change in the mood. Markets have risen over 100 per cent. Even returns from mutual funds have improved substantially.
In November and December, FIIs pulled out $5 billion from the market, yet the Sensex settled back above the 20,000-mark.
Sustained buying by foreign institutional investors and selective buying by local funds pushed a host of stocks to their 52-week highs.
Firms denied peer review certificate may be barred from auditing