Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The success of one or two IPOs does not dictate whether the upcoming IPOs will be successful or not, but it certainly indicates that the markets and investors are enthusiastic about startup IPOs.'
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
Investors must, however, be prepared for volatility in ELSS, cautions Sanjay Kumar Singh.
One should base the decision on one's potential liability under the new tax rules.
Gold prices are already moving fast to the key level of Rs 30,000 per 10 gms
'The deal pipeline across products is robust for 2024.'
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
The new capital Amaravati has been divided into various zones.
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
The short answer, as usual, is I don't know. But this is what could happen in the next one year...
The cement sector may be looking at better realisations and higher volume offtake going by the trends of the October-December quarter of the 2022-23 financial year (Q3FY23), a recent price hike, and the promise of a continued infrastructure thrust in FY24. In Q3, revenues rose by an aggregate of 17 per cent year-on-year (YoY), but Ebitda (earnings before interest, tax, depreciation and amortisation) per tonne, fell by 14 per cent YoY while profit after tax (PAT) rose by 23 per cent YoY. Expenses were up 30 per cent per tonne YoY - power and fuel costs in particular - and that's no surprise given the rise in fossil fuel prices.
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
In stock market parlance, "meme stock" was certainly the word of the year. Coined to mean those stocks that gain sudden popularity on the internet with resultant high prices, it was used to derisively describe the behaviour of retail traders globally who entered the market in huge numbers in the two Covid-19 years. A recent study, "Market Concentration and Retail Participation in India", by the National Stock Exchange economics team led by their chief economist Tirthankar Patnaik shows unlike these impressions, the retail investors, at least in India, have not performed inconsistently.
Most bankers say they will look at reducing deposit rates from April.
Can't believe you can file your income tax return without Form 16? Read this...
HNI investors need an optimal mix of oversubscription and listing-day gain to make money on leveraged bets, notes Sanjay Kumar Singh.
Invest in stocks of export-oriented and capital-intensive companies, says Devangshu Datta.
The current debt market scenario is balanced from rates perspective.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
According to industry insiders, India has 400 million smartphones and is the world's fastest-growing app market. So the addition or deletion of apps impacts the global valuations of these platforms. "Based on calls given by various local organisations to delete Chinese Apps, there will be an impact," said Blaise Fernandes, director at foreign policy think tank Gateway House. "All of them eventually will go the IPO (initial public offering) route so there would be economic impact also."
Positive cues from Asian peers also uplifted the sentiment.
Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical.
Just because India has outperformed the US markets in a short recent period, it does not mean that this is based on fundamental reasons that are here to stay, points out Debashis Basu.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
Gold deposited by households to gold savings accounts will be used for auctioning, replenishment of RBI's gold reserves.
India Inc has high hopes from the upcoming Budget.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
A sensible investor who is always invested will get high returns over the long term.
Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
Prasanna D Zore/Rediff.com reports on the chaos facing taxpayers with the income tax department making changes to ITR 2 and 3 forms just before tax-filing deadline.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.
'Younger investors start their journey with very little capital so they are risking less while they have a lot of time to experiment and learn early on.'
'...similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.' 'This could lead to a substantial decline in activity and revenues for the broking industry.' 'When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.'