'Indians are great savers, but they are lousy investors.'
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The partially convertible rupee closed at 66.24/25 per dollar after hitting a record low of 66.30, and down 2.9 per cent from its close of 64.30/31 on Monday.
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
China is estimated to grow at 6.7 per cent in 2016.
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
Both banks and jewelers sell coins and bars, but it is generally costlier to buy it from a bank
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
The derivatives expiry on Thursday is also expected to add to the volatility.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Here are 10 global and domestic factors.
Sensex closed the day 416 points higher.
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
But experts say downside limited, pockets of opportunities for investors
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
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Returns on godl have depleted in past few years,
A gradual increase works best for the US, as well as global markets, says Nizam Idris managing director, head of strategy (fixed income and currencies), Macquarie Bank.
