PINS -- or Portfolio Investment Scheme -- is the permission that a Non-Resident Indian requires to trade in the Indian stock market. Normally, the bank obtains this for you. An NRI can have only one PINS account current at one time.
Should you continue investing in stocks and mutual fund SIPs even as Indian stock markets keep sliding every other day and there is gloom all around?
What should you do when the stock markets show no signs of stabilising and you lose money by the day?
Billionaire investor Rakesh Jhunjhunwala explains why he thinks Modi should be at the helm of India.
This will be the first such deal since the global financial crisis caused the Indian stock markets to crash a record 23 per cent in October.
Though SEBI adopted many other measures in 2007 to streamline the capital markets, it was its decision on P-notes, which gave a jolt to the capital market and evoked extreme reactions both in favour and against the move.
"We go into 2008 with economic data still robust, the government plan of infrastructure spending of about $400 billion on track, but on the backdrop of developments in the international markets and high valuations, we expect the Indian market to see high volatility," Fidelity International India fund manager Sandeep Kothari said.
'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.'
While every individual investor has her/his own investment idea it is nevertheless a good idea to know what the big boys (read Indian mutual funds) are doing. Here's what the Indian mutual funds bought and sold in the month of July.
The Sebi think-tank is of the view that more and more sophisticated products should be available onshore to ensure that Indian capital markets attract different categories of investors, even while it wants to discourage all kinds of offshore products based on Indian stocks and derivatives, according to sources. Proposals for allowing short-selling in cash markets and stock lending and borrowing for institutional investors have been pending for some time.
The Securities and Exchange Board of India will increase overseas participation in the Indian stock markets and is planning two specific measures in this regard, Sebi Chairman M Damodaran told Business Standard in an exclusive interview.
The near-term prognosis isn't good. For the last three years, the Indian stock market has ridden to successive highs on a tsunami of forex inflows. A large proportion of that is through participatory notes. A lot of that money will flow out in the short run.
He told global investors that the Indian market was vibrant and regulations were in place -- a comment possibly aimed at soothing foreign institutional investors.
So what are these participatory notes? And why do they have this huge impact on the Indian securities markets? Read on
Market regulator Sebi has denied evidence of participation of terror outfits in the Indian stock markets. It informed the Parliament of its findings on Tuesday. Sebi has also clarified that the authorities do not try to manage or control movement of stock indices. They have put in place systems and practices to promote a safe, transparent and efficient market and to protect market integrity. Sebi has issued orders against 102 vanishing companies and 391 directors & promoters.
In the event of a dramatic tightening of credit, some of the sources of capital like Foreign Institutional Investors, Foreign Direct Investment and External Commercial Borrowing, could dry up.
Most of the Latin American countries have a better current account balance, have huge export potential and their combined foreign exchange reserves are higher than that of India's.
New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth largest asset manager's entry into the booming Indian market.
Three stock market experts speak with rediff.com on strategies to follow in the current volatile times.
Market experts see interest in Indian equities given the strong economic growth, robust earnings and rising domestic consumption.
Some of the world's top hedge funds have been granted direct entry into the Indian stock markets, nearly three months after the Securities and Exchange Board of India imposed curbs on foreign investments through the participatory note (P-note) route.
Investors must have predetermined investment objectives and plans before they start investing; also, they must invest in line with the same at all times.
Rashesh Shah, MD, Edelwiss Capital, said apart from participating in mega public offers, ADRs, and FCCB conversions, FIIs have started investing in the secondary markets over the last few weeks.
Technology, auto, FMCG and pharmaceutical stocks may be the most battered sectors of the Indian stock market this year. But select mutual fund schemes were able to notch up good returns despite being in these sectors by tweaking the investment mandate and smart stock-picking within the mid- and small-cap segments.
Short-selling is the sale of shares that the seller does not own at the time of trading. Despite being a long-standing market practice worldwide, short-sales have been the subject of considerable debate and divergent views in most securities markets.
Mirae Asset Management, one of South Korea's biggest investment companies, hopes to launch its first mutual fund in India early in the new year after the country's regulators last week gave it a licence to operate.
With the market capitalisation crossing $1.6 trillion within a couple of months after piercing the magical $1 trillion mark, and a vibrant equity derivatives segment to boast, the Indian stock markets look much attractive in terms of depth as well, they add. The equity derivatives market in China is only a recent start and is yet to catch momentum.
The quantum of FPI investments via P-notes remain unchanged at 6.6 per cent in March.
Global credit rating agency Standard & Poor's has indicated that Indian stock markets are overvalued currently, recommending underweighing of the markets next year.
In the last few years, unit-linked insurance plans (Ulips) have quietly become one of the largest players in the Indian stock market. With a total investment estimated at Rs 1.5 lakh crore to Rs 2 lakh crore, they are almost close to the investment made by equity mutual funds.
The last 3000 points surge in the Sensex may be a perfect opportunity to book profits, but remember, you have to be in the market to make money.
Here's an analyses of 25 mutual funds that will create long-term value for you. In a 5 part series that begins today, here we present the first five mutual funds with the rest to follow on subsequent days.
Without doubt, bears have raided. We try to fathom what further damage could they cause, for how long and how to cope with it.
Market analysts are divided over the current fall in stock prices. While some say it is a healthy sign of a mature bull market, others feel the Indian markets may have entered a corrective phase, which can last for one to two quarters.
With the Indian stock markets clawing back after the Monday meltdown, an investment advisers' survey says that global emerging markets are predicted to be the best performers in the next three years.
Sectors that are insulated from the sub-prime mortgage crisis unfolding in the US are the heavyweights in Indian stock indices. In comparison, sectors like information technology and pharmaceuticals, which depend a lot on the US market, carry less we
In volatile markets, it is best to have a diversified portfolio in both mutual funds and stocks.
Problems could linger both in the financial markets and the real sector but one could just see the mix of data and news emerging from the US turning favourable. This could be the turning point for Indian equity markets.
The Indian stock markets started falling from mid-February after reaching an all time high of 14,700-plus.
What should you do when the markets crash by as much as 1,500 points? Buy, sell, hold or add more to your long-term portfolio.