Insights & Blogs
Dear investors, The next couple of weeks will see market trading in a negative zone with higher volatility. This may lead to your portfolio getting into marginal negative or loss zone. We could have sold your entire position in advance and move the balance to cash and /or liquid fund. But our CIO and the portfolio management team is of the opinion that this will give us an attractive entry point for good stocks which
A recent Bloomberg article indicates what we have been discussing with you over that past few weeks. Fund Carnage Shows Peril Of Ignoring Liquidity Indian retail investors won’t easily forgive their fund managers, nor will they quickly forget this wealth destruction. Out of 416 open-ended, onshore equity funds, 401 have lost money this year. Tech funds, the only ones to have performed decently, have been helped by Asia’s worst-performing currency of 2018, writes Andy Mukherjee.
Sensex, Nifty End Flat Ahead Of Diwali, But Further Troubles May Be Ahead! Let me start by wishing you and your family a sparkling Diwali and a prosperous new year! Indian equity benchmarks were little changed ahead of Diwali as gains in Reliance Industries, TCS and ICICI Bank were offset by losses in State Bank of India, Axis Bank and Vedanta The S&P BSE Sensex rose 0.12 percent or 41 points to 34,992 and the
One election results either way can not and should not change the economic growth trajectory of a country like India where economic reform more or less irreversible and privatization at the cost of existing public sector units will continue. So … Plan your investment accordingly. Hence investors, no worries … All dips are good buying for good stocks .. and at least good averaging opportunity for existing portfolio … We were building cash war chest
Action Reduced the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points (from 6.25% to 6%) Member voted 4-2 in favour of the decision to reduce the policy repo rate by 25 basis points Maintained the neutral stance of monetary policy Member voted 5-1 in favour of the decision to maintain the neutral stance of monetary policy Permit banks to reckon an additional 2% of Government Securities under SLR for computing