Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
After holding discussions with the FM, the Sebi chief said the government thought it was an opportune time to levy the LTCG tax as the "markets are booming."
Cautious optimism over US-China trade talks after US President Trump said his trade negotiators had received two "very good calls" from Beijing also influenced the local currency, dealers said.
Benchmark Sensex and Nifty after gaining nearly 30% in 2014 are trading in negative this year
'If one believes that the Indian stock market will go up 70 per cent every year for the next 10 years, I wish you good luck!'
TCS was the top gainer in the Sensex pack, rising around 4 per cent, followed by ONGC, ICICI Bank, HDFC Bank, Dr Reddy's, HDFC and HCL Tech. NSE Nifty advanced 76.65 points to 14,581.45.
In 2022, gold emerged as the top performer among all conventional asset classes with over 14 per cent returns mainly owing to the depreciation of the rupee.
Out of 30 Sensex shares, 19 ended lower while 11 gained
The ballooning of crude prices has significantly increased the country's oil import bill and it can also lead to a worsening of the current account deficit and fiscal deficit for the domestic economy.
In the year to date, 61 PSUs have lost an average of 22 per cent, with five companies losing more than half their share value. The BSE PSU index is down 10.6 per cent.
Because of local and global problems, inflation pressures may continue, helping these schemes perform better.
'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'
'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'
They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy.
So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.
The current up move, according to analysts, closely resembles the rally post the global financial crisis in 2008-09, not just in quantum and speed, but also the way small-and mid-cap indices outperformed large-cap peers.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
'Any normalisation exercise will bring its share of volatility.'
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
RBI Governor Shaktikanta Das kept the red flag on cryptocurrencies flying, warning that the next financial crisis can be triggered by private cryptocurrencies if such speculative instruments are allowed to grow.
Markets
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
Despite unprecedented levels of uncertainty in Samvat 2077, investors have little to complain about on the returns front. The BSE Sensex delivered returns of 38 per cent in this period, while the Nifty registered a return of over 40 per cent. As is the case in bull markets, companies in the small- and mid-capitalisation basket outperformed the benchmarks, with returns almost twice those of frontliners.
If new goals have emerged, this is the time to make fresh investments.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
'When the rupee was at 65 a dollar, we wanted to go to Thailand for a holiday.' 'Now at 72, we may find Goa much more attractive.' 'That's how correction happens.' 'If you don't let that correction happen, then it's a pressure cooker that bursts one day.'
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
From the pandemic shocks to state polls to global trends, a raft of sentiment drivers are expected to steer the Indian stock market in 2022 after a historic year of massive investor returns and milestones. The Union Budget, which will be closely watched for further reform moves, and quarterly earnings of corporates will be among the developments on investors' radar amid global central banks moving towards tighter interest regime in the wake of inflationary pressures. The year 2021 was rewarding in a big way for equity investors.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
'Gold prices thrive on volatility and more so when the stock markets trend downward.'
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
The rupee sank below 60 rupees to the dollar and government bonds had their biggest single-day fall in a month on Monday as higher-than-expected May inflation compounded worries about the impact of violence in Iraq on the price of oil, which India imports.
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
'A positive oil shock has a detrimental effect on growth and activity.'
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
History would indicate that a recession is not that far off.
