The overall market breadth was negative as 1,989 stocks declined against 882 advancing ones, on the BSE.
The managers see Sensex trading at a P/E of 16.
Equities registered their sharpest ever and most rapid decline in 2008, reflecting global market conditions and concerns over a slowing domestic economy.
India's premium benchmark equity index, the S&P CNX Nifty, also the fastest growing index on SGX, will be traded for 16 hours on that exchange, compared to the six-and-a-half hours that it traded on the National Stock Exchange in India. The SGX will be traded from 6.30 am to 10.30 pm IST.
The Nifty traded in a narrow 38 points range, touching an high of 5498 and a low of 5460.
Nifty opened in the red at 5,468 on back of lacklustre cues from Asia and swung between 5408 and 5507.
The fund can add value to informed investors who have a view on the infrastructure sector and a flair for high risk investment avenues.
The Nifty opened at 5,851 and skidded to a low of 5,736 led by heavy losses in frontline banking and IT shares.
Analysts said that there is some amount of decoupling between India and the rest of world backed by strong growth momentum.
The market for Shariah funds is set to grow with Benchmark Mutual Fund launching the first-ever Shariah Benchmark Exchange-traded scheme in India. It's an open-ended listed index scheme.
Markets remained muted throughout the day on back of selling pressure in IT and PSU stocks.
On the contrary, the fall in the US markets was lower with the S&P 500 and Dow Jones both declining by around 9 per cent and 6 per cent respectively, while emerging markets lost around 18 per cent during the month. Pessimism in the financial markets following the filing for bankruptcy by Lehman Brothers, Merrill Lynch's sell-off, the AIG bailout and perceived uncertainty around the US bailout package added to investor fears.
The 30-share BSE Sensitive index or Sensex slipped below 13,000-mark. At 1450 hrs, Sensex was down 526 points at 12,936. a loss of almost 4 per cent compared to Thutsday's close.
Curiously, it will not be far-fetched to state the contrary, that the global stock exchanges follow the Indian markets' cue
In recent times, 'inflation' has emerged as a buzz word of sorts. Simply put, inflation is a situation wherein too much money chases a limited number of goods. This leads to a fall in the value of money. Inflation is often expressed as a rise in the price level. For example, a product that costs Rs 100 now, would cost Rs 105 a year hence, assuming that prices rise at 5 per cent annually.
Mid cap stocks (and subsequently mid cap funds) have been the worst hit in the recent stock market crash. Investors who added mid cap investments to their portfolios without understanding their true nature are a dismayed lot. Typically, mid caps are presented as an opportunity to make quick money; sadly, investors are rarely made aware of the higher risk involved. While there is no doubt that if identified correctly, mid caps can contribute significantly.
This bloodbath, however, provides investors with yet another opportunity to buy quality stocks at cheap valuations. And many experts buy this argument.
Investors fail to realise the potential of tax-saving investments in contributing towards wealth creation. As a result, it is vital that tax-planning be considered as a part of the investor's overall financial planning and not in isolation.
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.
stick to the basics like investing in line with their risk appetite and predetermined investment plans.
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.
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.
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 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 good times continued for fund investors as equity markets closed in positive terrain for the third week in a row.
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.
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.
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.
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?
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.
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