'The potential headwind is that the Indian economy is likely to see a slowdown in growth rates over the next two years.'
'Trading is about psychology; 75% of it is about keeping your emotions in check.'
There is no clearly defined right or wrong answer since both target different needs of a portfolio.
Income-tax data released by FinMin after 15 years
Ravi Gopalakrishnan, head-equities, Canara Robeco Mutual Fund, tells Ashley Coutinho that earnings growth will pick up once the benefits of reform initiatives accrue.
Investors in international funds should have a horizon of more than five years. Not only will this help them overcome equity and currency volatility, it will also help them enjoy better tax treatment, says Sanjay Kumar Singh.
The domestic currency had lost 15 paise to close at 63.82 on Wednesday.
Indian IT giants are outstanding companies with great management teams, but they have been held hostage by their past success.
Dubai, Singapore, London are the top overseas markets for Indians
Top losers in the Sensex pack included IndusInd Bank, Yes Bank, SBI, L&T, Tata Steel, M&M, Bajaj Finance, Vedanta, Tata Motors and RIL, tumbling up to 6.97 per cent.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
In the case of Indian equities specifically, all eyes will now be on the next RBI monetary policy scheduled for September 29.
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing.
What are FMPs and should you invest in them?
A comprehensive solution involves a complete overhaul of our education and training model.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
The Budget would preserve macro-economic stability.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
There was no law that prevented the government from presenting a sixth full Budget, or something similar to it.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Capital needs are likely to increase substantially each year.
A summary of sports events and sports persons, who made news on Monday
It is important for working professionals to not get attached to a designation or title or brand or a company name, asserts Aditya Malik, MD & CEO, Talentedge.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively
The Reserve Bank on Friday retained the GDP forecast for the current financial year at 9.5 per cent and flagged global semiconductor shortages, elevated commodity prices and potential global financial market volatility as downside risks to economic growth. In his address after the three-day meeting of the rate-setting panel, RBI Governor Shaktikanta Das said recovery in aggregate demand gathered pace in August-September, and it is reflected in high-frequency indicators, like railway freight traffic; port cargo; cement production; electricity demand; e-way bills; GST and toll collections. "The ebbing of infections, together with improving consumer confidence, has been supporting private consumption," he said, and added the pent-up demand and the festival season should give further fillip to urban demand in the second half of the financial year.
Besides Budget, markets will be driven by global events and the outcome of assembly elections.
The longer a bear market lasts, the more the eventual returns are, says Devangshu Datta.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a USD 1 billion refund resulting from the scrapping of a retrospective tax law.
Balanced funds are suitable for investors who have low-risk appetite or are new to equities.Those with more than seven-year investment horizon should look at funds that have higher equity exposure.
While a three-year tax holiday and relaxation of capital gains for funds have been received favourably, others argue that not enough has been announced.
Long-term investors can stay put in the markets, but should brace for volatility
The latest circular from BSE that sought to cap the price movement of select scrips, especially the mid-, small-cap segments, traded on the exchange is not without a reason. A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their market price more than double. Among individual stocks, SC Agrotech, Adinath Textiles, Waaree Renewable Technologies, Steel Strips Infrastructure, Unistar Multimedia, Texel Industries, Raja Bahadur International and Hindustan Everest Tools from the BSE's X and XT group have rallied over 500 per cent during this period. Topping the charts is Gita Renewable Energy, which has zoomed 3,964 per cent to Rs 272.35 now from Rs 6.7 as on December 31, 2020.
'Markets are likely to remain choppy for the next 6 months.'