As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
Thus far in 2017-18, FIIs and MFs have invested Rs 198.91 billion and Rs 1,119.49 billion in the Indian equity markets. Of this, around Rs 152.46 billion has come in January alone.
Chances of staying true to your goals tend to be high when you don't lose sight of what you set out to achieve, advises Arun Thukral, MD & CEO, Axis Securities.
'There is a huge tax differential of 15% to 20% depending on income classification.'
Raghavendra Kamath reports on what ails India's real estate sector.
The Sensex has slid 18.5 per cent from its January 2015 peak.
The markets had been on an upward trajectory since August 2013.
A slow but steady economic uptick can be seen in various segments of the economy. India's economy expanded 4.8 per cent in the second quarter, higher than the preceding quarter's 4.4 per cent.
In a boost to India's economic ties with Israel, both countries have agreed to promote customs cooperation, establish a joint research and development fund
Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".
There are few strategies to invest safely in a volatile market.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
Make the most of the income that you earn by invest the money in the right instruments. The advantages of starting early and investing right cannot be overstated, says financial planner Harshad Chetanwala.
Park only savings that need not be touched for many years, says Devangshu Datta.
The judgment was reserved after a marathon hearing which went on for 38 days spanning four months.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
According to Rahul Rege, business head (retail) at Emkay Global Financial Services, it is difficult to track more than 10 stocks.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led government's key reforms
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
Both Sensex and the rupee posted slight gains on Monday but Brexit concerns lingered.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.
Bengaluru has emerged as the world's fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris, with India's financial centre of Mumbai in sixth place, according to new research released in London on Thursday.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
The markets will remain choppy ahead of RBI policy.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
'Indians are great savers, but they are lousy investors.'
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'
Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It was a year of big gains for equity investors.
The new executive director of Reliance Capital has big shoes to fill in every way.