Curiously, it will not be far-fetched to state the contrary, that the global stock exchanges follow the Indian markets' cue
It was another good month for investors as equity markets surged northwards and touched record highs. The BSE Sensex posted a gain of 14.73% during the month to close at 19,838 points; the S&P CNX Nifty appreciated by 17.53% to settle at 5,901 points. The CNX Midcap rose by 8.49%, before settling at 7,450 points. However, these numbers conceal the intense volatility that was experienced during the month.
The month of September proved to be the most lucrative one in the calendar year so far, as equity markets set and breached record highs at alarming regularity. The BSE Sensex posted a gain of 12.87 per cent during the month and closed at 17,291 points; the S&P CNX Nifty appreciated by 12.48 per cent and ended at 5,021 points. The CNX Midcap rose by 13.62 per cent, before settling at 6,867 points.
A lot of NFOs were mis-sold and we frequently come across clients who request us to re-assess their NFO-heavy portfolios.
We believe the fund is a high risk - high return investment proposition and risk-taking investors can consider investing in the same.
In a surprising development, we have ING Vysya ATM (a contrarian fund) at the top of the heap with 1.48% appreciation over last week.
The unprecedented fall in stock market had numerous reasons backing it up. As the market gets bullish again, it is wiser to be disciplined and patient with your investments.
The BSE Small-Cap Index (up 34 per cent) and the BSE Mid-Cap Index (up 28 per cent) have outperformed the Sensex (up 16 per cent) in the last two-and-a-half months, while the NSE Junior Nifty (up 25.4 per cent) and the NSE Mid-Cap Index (up 30.2 per cent) have beaten the S&P CNX Nifty (up 20.4 per cent) during the same period.
stick to the basics like investing in line with their risk appetite and predetermined investment plans.
Mid and small-cap stocks have been the stars of Indian stock markets this year. Recognising this, mutual funds have launched a plethora of schemes targeted at this universe of stocks this year.
Bank Nifty has recovered nearly 300 points at 10,968 from intra-day low of 10,669 touched in early morning deals.
With stock markets soaring, most investors are faced with the question: what should we do now? Here's a strategy to help them tide over the current investment scenario.
A day after a record-breaking run, stock prices continued to soar on Wednesday amid expectations of better-than-expected earnings by IT bellwether Infosys Technologies on Thursday.
The Sensex tumbled to its biggest fall in nearly seven weeks on concerns over deepening tensions between the Left parties and the Congress on the Indo-US civil nuclear deal.
Wipro's scrip jumped 2.97 per cent to Rs 468.50 on the NSE.
With the investment limit in these funds being raised to Rs 100,000 risk-taking investors can and should up their investments in these funds significantly.
Despite being one of the basic tenets of financial planning, diversification is often overlooked by investors.
While index funds have done very well for themselves in the US, Indian investors haven't really taken to them like a fish to water. There are several reasons for the lukewarm response to index funds
If you invested simply to make a quick buck, this would be a good time to book profits.
The good times continued for fund investors as equity markets closed in positive terrain for the third week in a row.
Volatility in April continued from where it signed off in March. The specter of rising interest rates and climbing oil prices dealt a double whammy to the stock markets.
The markets after seeing some volatility in the past few weeks, took a definite direction this weekÂ…downwards!
Investors can now put up to Rs 100,000 in tax-saving funds.
If markets correct further, risk-taking investors should use this opportunity to increase their allocations to equity/balanced funds. Investors who have taken the SIP route, will stand to benefit from falling markets in any case.
Is this year's budget going to encourage savings and investments or is it going to act as a dampener?
The diversified equity funds segment threw up an interesting picture with schemes from just two fund houses
January 2005 was clearly a testing month for most investors; however, such times can often demarcate serious long-term investors from those who are looking to make a quick buck.
Now is as good a time as any to get your asset allocation in sync with your risk profiles and investment objectives.
Investors with a low to moderate risk profile can consider SIPs in balanced funds. \n\n
Our advice: exercise caution and don't get carried away by the exuberance in the markets. \n\n\n\n
Liquid funds, short-term debt funds and floating rate funds can serve a variety of needs
It's about time investors shifted their focus back to existing mutual funds with established track records rather than run after NFOs.
While picking a quality mutual fund is never easy, rising markets often make the task seem a lot easier. Exercise a greater degree of caution, because tough times can and do separate the men from the boys.
Dividends from equity funds would continue to be tax-free in the hands of investors those from debt funds would be taxed at 12.5% plus 2% surcharge.
An investor friendly budget would mean further incentives and opportunities for investors to get invested.