June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could easily qualify for a Kollywood blockbuster.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
If you are planning for a long-term goal like your child's education in a foreign university, invest about 20% of your portfolio in foreign assets that can provide a hedge against the rupee's depreciation.
Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.
Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating profit was up just 4.9 per cent YoY during the quarter.
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.
A hotel in 1975, entry into paperboards in 1979, India's dominant cigarette maker, ITC, read the tea - or tobacco - leaves early, leveraged its enterprise strengths and stepped up the diversification agenda to create multiple drivers of growth. Some failed, some faltered, some were transformational, adding steadily to the top line. Now those efforts are making a difference: margins from non-cigarettes - FMCG, hotels, agri, paperboards, paper and packaging - are expanding and profits are kicking in more significantly than ever before.
While FIIs have pumped in nearly Rs 17,000 crore, MFs have been net buyers to the tune of Rs 9,000 crore.
A Codicil is a document created by the testator to make changes to an existing will, points out Sarbajeet K Sen.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
Stick to export-focussed plays, large-caps, say analysts
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Consensus continues to be cautious with analysts pointing towards tougher days ahead
Fund manager Gautam Sinha Roy shares what he has learnt from Warren Buffett, after attending Berkshire Hathaway AGMs over the years
Analysts say the Sun Network's fundamentals may be sound but the troubles faced by Maran have caused a lot of volatility.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
But experts say downside limited, pockets of opportunities for investors
If new goals have emerged, this is the time to make fresh investments.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
A section of analysts feel now may not be a bad time to buy select PSBs.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
'The good news is that money continues to flow into India-focussed offshore funds.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The reason is believed to be a 19% increase in interest cost.
