On September 11, market regulator SEBI has made it mandatory for multi-cap schemes to have at least 25% holding each in large-, mid- and small-cap stocks. Investors are expecting a ... Read more
On September 11, market regulator SEBI has made it mandatory for multi-cap schemes to have at least 25% holding each in large-, mid- and small-cap stocks. Investors are expecting a strong rally in small and midcap stocks led by mutual fund buying after SEBI’s allocation mandate. Will this rally sustain? Tune in and find out. Read more
Contrasting data signals from economy and corporates are stocking fears that the stock markets rally may not be sustainable. Though fund managers and analysts are still reluctant t ... Read more
Contrasting data signals from economy and corporates are stocking fears that the stock markets rally may not be sustainable. Though fund managers and analysts are still reluctant to declare the rally to have entered bubble territory, Indian markets have become most expensive since the Global Financial Crisis. So today, I am in conversation with Amit Shah, head of India equity research, BNP Paribas to understand what are the big concerns of markets and if this rally is sustainable. Read more
Markets watchdog SEBI has made two major regulatory changes from 1 September: the method of pledging stocks, and upfront margin requirements. But, according to broker body ANMI, br ... Read more
Markets watchdog SEBI has made two major regulatory changes from 1 September: the method of pledging stocks, and upfront margin requirements. But, according to broker body ANMI, brokerage firms and individual big brokers are not fully ready to adapt to the robust change. To understand how transactions and trading methods have changed post 1 September I am in conversation with Jimeet Modi, CEO, Samco Securities. Read more
Millions of young Indians are dabbling in stocks for the first time as they remain stuck at home, with many of them trying their hands at trading shares to boost income amid pay cu ... Read more
Millions of young Indians are dabbling in stocks for the first time as they remain stuck at home, with many of them trying their hands at trading shares to boost income amid pay cuts and job losses. Sebi data showed that investors opened a record 2.4 million demat accounts in the three months after lockdown in March or 5.6% of the total number of such accounts, reflecting the growing retail participation in stock markets. In the six months ended June, 3.9 million accounts were added, totalling 43.2 million. To talk about this growing phenomenon in stock markets, I am in conversation with Vinay Agrawal, CEO, Angel Broking. Read more
Sebi data showed that investors opened a record 2.4 million Demat accounts in the three months after a lockdown in March or 5.6% of the total number of such accounts, reflecting th ... Read more
Sebi data showed that investors opened a record 2.4 million Demat accounts in the three months after a lockdown in March or 5.6% of the total number of such accounts, reflecting the growing retail participation in stock markets. In the six months ended June, 3.9 million accounts were added, totaling 43.2 million. To talk about this growing phenomenon in stock markets, I am in conversation with Vinay Agrawal, CEO, Angel Broking. Read more
In July equity mutual funds saw a net monthly outflow for the first time in more than four years as investors booked profits after a sharp rally in markets while some worried abou ... Read more
In July equity mutual funds saw a net monthly outflow for the first time in more than four years as investors booked profits after a sharp rally in markets while some worried about the recent exuberance in stock prices ploughed the money back into safer assets such as gold funds. July saw a net outflow of ₹2,480.35 crores from equity mutual funds, the first such sell-off since March 2016. To discuss the trends and way forward I am in conversation with G Pradeepkumar, CEO, Union AMC. Read more
Few better-than-estimated June quarterly earnings have bolstered hopes that Indian companies may recover faster than previously expected. Management commentaries suggest companies ... Read more
Few better-than-estimated June quarterly earnings have bolstered hopes that Indian companies may recover faster than previously expected. Management commentaries suggest companies are implementing cost rationalization measures across key sectors to protect EBITDA margins and the bottom line given the uncertainty. So, what does the June quarter earnings so far indicate. To understand that I am joined by Pankaj Panday, Research Head, ICICI Direct. Read more
Despite the covid-19-led disruptions, India Inc raised Rs 1.04 trillion from the capital markets between January and June. The fundraising activity was dominated by Reliance Indust ... Read more
Despite the covid-19-led disruptions, India Inc raised Rs 1.04 trillion from the capital markets between January and June. The fundraising activity was dominated by Reliance Industries’ mega Rs 53,124.20 rights issue in May, which was oversubscribed 1.6 times. Going forward, there are couple of companies lined for raising funds in capital markets. Mint’s Nasrin Sultana speaks to Pranav Haldea, MD, Prime Database group talks about what to expect in the second half of 2020. Read more
Indian spot gold prices surged over Rs 50,000 per 10 gram for the first time ever on Wednesday. Investors have embraced gold in 2020 as a key portfolio hedging strategy. Gold had a ... Read more
Indian spot gold prices surged over Rs 50,000 per 10 gram for the first time ever on Wednesday. Investors have embraced gold in 2020 as a key portfolio hedging strategy. Gold had a remarkable performance in the first half of 2020, increasing by 16.8% in US-dollar terms and significantly outperforming all other major asset classes by June. Though equity markets around the world rebounded sharply from their lows, the high level of uncertainty surrounding the COVID-19 pandemic and the ultra-low interest rate environment supported strong flight-to-quality flows. However, gold ETF inflows in India have fallen around 50% in June. So, what’s the outlook on gold. To discuss that I am joined by Chirag Mehta, Senior Fund Manager, Alternative Investments, Quantum Mutual Fund. Read more
Inflows into equity mutual fund schemes almost got completely wiped out in June while redemption pressure also intensified. June equity mutual fund inflows plunged to 51-month low ... Read more
Inflows into equity mutual fund schemes almost got completely wiped out in June while redemption pressure also intensified. June equity mutual fund inflows plunged to 51-month low to Rs 240.55 crore which is nearly 96% fall from May, or lowest since March 2016. Inflows through SIP also slipped below Rs 8000 crore first time since November 2018. SIP contribution has been steadily falling. To understand how worrisome are these trends, I am joined by Himanshu Srivastava Associate Director, Morningstar. Read more
