Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.
Ajit Mishra answers reader queries on the stock market.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
'There are some high-frequency indicators where uptick is visible and some where it is not'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Major gainers include L&T, Asian Paints, Vedanta, Tata Steel, Coal India, Infosys, M&M, Adani Ports, Maruti Suzuki, Axis Bank, HDFC, Power Grid, ONGC, Tata Motors, Sun Pharma, ITC, IndusInd Bank, HDFC Bank and SBI
When Life Insurance Corporation (LIC) of India gets listed on the bourses next month, it will be among the biggest listed life insurers globally in terms of market capitalisation (m-cap), assets, and revenue, but will also be among the least profitable and capitalised among its peer group. A big gap between LIC's m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio. LIC also lags behind its Indian listed peers in terms of profit and networth.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It could tempt investors to pick stocks that are not fundamentally sound.'
Sensex ends lower; govt schemes in focus.
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
'Our preference remains for the less-expensive industrial stocks, which are showing good earnings momentum.'
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
The optic fibre cable infra was with Jio Digital Fibre and the tower infra with Reliance Jio Infratel
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The agency is looking at alleged "diversion of funds and financial reporting frauds".
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.
PFRDA will invite bids to appoint pension fund managers.
The need to allow government shareholding in public sector banks to come down below 51 per cent
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Subrata Roy turned up at a New Delhi stadium, best known for hosting the Commonwealth Games, last week as part of his country wide Abhaar Yatra.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Pockets of mid and small-cap indices are showing exuberance and are discounting even FY23 valuations now.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).
The recapitalisation, the finance minister said, will enhance the lending capacity of state-owned banks and help them come out of RBI's Prompt Corrective Action framework.
'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'
An open offer for acquisition of additional stake in a listed company can move forward only after issuance of 'observations' by Sebi.
WhatsApp on Wednesday said it expects to facilitate the purchase of "affordable sachet-sized" health insurance through its platform by the end of the year as part of its efforts to provide users in India with greater access to financial solutions. The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.
Lower reduction in fiscal deficit is to stimulate demand in a weak economic environment post demonetisation.
Ashok Leyland, ITD Cementation India have more than doubled.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
