Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
Many investors, who have made money in the rising market of the recent past, are pulling out of equity funds, believing that they can earn more by investing directly.
The annual San Fermin bull-running festival typically takes place every year between July 6 and 15. But for the first time in nearly a century, the event has been cancelled due to the coronavirus.
'Investors need to understand that these schemes may not do well in the market that is in a bull run, but quality stocks would protect the downside.'
Investing in the US market provides Indian investors a hedge against the rupee's long-term tendency to depreciate against the dollar.
While the market may remain volatile this year, analysts expect equities to deliver positive returns by outperforming inflation and government bonds, supported by the fiscal stimulus in the US.
Investors who cannot manage an asset-allocated portfolio or rebalance regularly, or do not have an advisor, may opt for these funds, but only after a detailed study of their strategy, suggests Sanjay Kumar Singh.
'While the country has been hit hard from a strong second wave of Covid, we believe the markets are willing to look through that.'
After the peak of the rally, the 'champion sectors' tend to underperform or perform in line with the market
The 30-share BSE index reclaimed the 30,000-mark to trade at a new record high of 30,071.61 by surging 128.37 points, or 0.42 per cent. This surpassed the previous record high of 30,024.74 (intra-day) that the Sensex touched on March 4, 2015.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
Eben Esterhuizen, a financial news analyst and writer for The Panelist, asks the question of the month: is this the end of the commodity bull run? History suggests that commodity prices will move lower if the US enters a recession, and historical evidence also rejects the notion that emerging market growth will continue to support commodity prices during a US recession.
Gold price in Mumbai's physical market on Friday fell 31.1 per cent or Rs 1,351 to close at Rs 41,848 per 10 gramme. Friday's fall in per cent terms is worst after November 2015 and, in absolute terms, the worst after August 2013. Silver prices fell Rs 2,255 to close 5 per cent lower at Rs 43,085 per kg on Friday.
Experts like National Commodity and Derivatives Exchange Managing Director and CEO P H Ravikumar feel that the commodities market will steal the thunder in the coming days. The next bull run is not in stocks but in commodities, he said.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
Rise in m-cap to above Rs 10 crore (Rs 100 million) could help companies avoid illiquid tag, though analysts advise caution on investing in such scrips on present mood alone.
Rakesh Jhunjhunwala became a billionaire in the last bull-run which ended in 2008.
'I have been advising investors since the last couple of months to at least take their capital out.' 'Most of the people have made 50-60 per cent in the market, if not more, they must at least take their capital out.'
If a BJP-led government does, indeed, perform as well as the opinion polls predict, the 16th Lok Sabha will have fair chances of stability.
We are at the cusp of something big today and retail investors need to wake up and participate early to make the most of it.
Equities shed superior valuations vis--vis most emerging markets
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.
Just when stocks are seen as invincible, we should worry, warns Akash Prakash.
Bullfights and the notorious bull runs, eight in all, are the highlight of a nine-day street festival.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
The RBI issued a fairly gloomy forecast in its monetary policy statement last Friday.
Inability of stocks to return to their highest levels is one of the reasons why retail investors have been reluctant to return to the market.
Only 164 companies or 42 per cent currently trade above the offer price.
The demand from India and China may fall.
While Morgan Stanley believes individual stocks are in a bull phase, rate cuts, GDP growth revival are key.
Sensex has now risen by 807.64 points in three straight sessions.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
Sahara Force India's Nico Hulkenberg qualified 10th but will start Sunday's Japanese Grand Prix from the 15th position on the grid after being handed a five-place penaltly due to an unscheduled gearbox change.
The US markets have had a nice four-year bull run from March 2009 that just doesn't seem to be ending. The markets are on an extension. That's not surprising after the severe crash in 2008. However, these extensions can terminate at any time without notice, says Sonali Ranade