Bankers expect RBI to drop rates though there may not be any increase in aggregate liquidity as banks are parking surplus funds with the central bank. Some sectors like the small and medium enterprises, real estate have not been getting adequate funds and RBI may extend a refinance line or special facility whereby they can borrow at a subsidised rate.
Benchmark indices gain 30% this year, buoyed by global liquidity, new government
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
The Union Government's decision to ban futures trading in rubber, soya oil, potato and chana for four months, in a bid to tame spiralling inflation, is unfortunate and may hit market sentiments badly, industry players said.The four commodities have a combined daily turnover of about Rs 1,200 crore (Rs 12 billion) on the Multi Commodity Exchange of India Ltd. and the National Commodities and Derivatives Exchange Ltd., the nation's biggest bourses.
This feat was achieved 25 years after the mutual funds industry was opened to private players. The industry now aims to achieve the next Rs 25 trillion in 5 years.
It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.
The top 100 companies have created wealth worth Rs 25.4 lakh crore during the period 2003-08, a study has revealed. "The top 100 companies, analysed during the period 2003-08, created wealth worth Rs 25.4 lakh crore," the Motilal Oswal 13th Annual Wealth Creation Study released on Friday said. Reliance Industries, with a significant wealth creation of Rs 3.1 lakh crore became the biggest wealth creator, said the study.
The progress of the GST Bill in Parliament is also likely to remain in focus
A total of 25 companies raised Rs 28,220 crore during the financial year.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
'Four times in Indian history, in 1992, 2000, 2007 and now, markets are at 25 times price-earnings.'
Buying stocks during bad times can lead to good returns.
The BSE sensex now trades at a discount to S&P 500 and has corrected by 35 per cent from its peak of 20,873 points to close the quarter at 13,462 point in FY 08. The Sensex hovered around 13,349 on Tuesday. Over CY 04-07, the Indian markets delivered 40 per cent returns each year, the most consistent and superior retuns amongst all the global markets over this period.
Companies featuring in the Next 500 list are mostly mid-sized and termed as the 'small wonders' by the magazine.
Valuations of broking companies have halved since January 2008. Patient investors can start accumulating selective stocks with a long-term perspective.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
On the lines of Shariah-compliant products, intermediaries ask exchanges to consider investment benchmark.
According to the Sebi circular, commodities that require price control measures will be less conducive for the derivatives market.
Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
Pharmaceutical major Matrix Laboratories, public sector oil producer Oil and Natural Gas Corporation and Ranbaxy Laboratories have emerged as the fastest, biggest and the most consistent wealth creators for year 2006
Banking and telecom will see the highest impact of this transition.
How domestic financial players are re-inventing themselves to get a larger share of the pie.
Infosys is looking for acquisitions but for innovative reasons instead of revenue priorities.
Given the uncertainty on the US economic outlook, the rising rupee, and the lack of clarity on imposition of fringe benefit tax on stock options, analysts believe the companies may strike a note of caution on FY08 earnings.
Delay in the recovery in earnings has led Macquarie, Barclays and Ambit to downgrade Indian shares over the last few days.
Midcaps to remain at a significant discount to large caps
Market breadth is positive with 942 advances and 196 declines.
Making the best of the boom in the stock market, five leading textile companies are set to raise about Rs 1000 crore (Rs 10 billion) through IPOs.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
Stick to export-focussed plays, large-caps, say analysts
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
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.
Raamdeo Agrawal of Motilal Oswal Securities believes that the scope for surprises in the market in 2007 is limited; he expects 17-18% returns. Moreover, he says that there is no major concern at Sensex valuation of 17-18x.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.