Last week's market selloff led to a wealth erosion of over Rs 20 lakh crore in BSE-listed shares. Chartists have adviced investors to be cautious and let the market settle down, especially in the broader segment.
Almost 18 percent return over a five-year period is not bad at all. Can such a performance qualify to be called a bull market? If that is the case, did we all miss this rally?, asks Amit Trivedi of Karmayog Knowledge Academy.
Rajiv Raj of creditvidya.com elaborates on India becoming an excellent investment opportunity for NRIs in India. He stresses on capitalising on this depreciation in the currency.
CRISIL Research, India's largest independent and integrated research house, expects India Inc to be severely impacted by the rupee's depreciation against the dollar given the large foreign currency debt on the books and only partial hedging.
The research firm expects the currency‘s fall to lift input costs across sectors amidst weak demand environment as reflected in low double-digit topline growth expected in 2013-14.
Exchanges say 10 percent, 15 percent and 20 percent circuit breakers bring about a coordinated trading halt in all equity and equity derivative markets nationwide.
Karvy Stocks Broking has come out with its report on currency. The research firm says from the domestic front, the fiscal deficit data for February is expected to widen, keeping the rupee under pressure. Overall, expect the rupee to remain weak for the day.
ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty ETF, an open ended index exchange traded fund that aims to provide returns before expenses that closely correspond to the total return of the Underlying Index, subject to tracking errors.
Global financial market indexing and ratings major Standard and Poor's (S&P's) has ended its licensing agreement for benchmark indices of the National Stock Exchange, pursuant to which the Indian bourse cannot use S&P name for any of its products.
Majority of equity mutual funds in the country have underperformed against their respective benchmark indices over the last five years, according to a report by S&P Dow Jones Indices and Crisil released today.