Kshitij Anand and Moneycontrol Editor Santosh Nair discuss the path ahead for investors who wish to trade in NBFC stocks.
FIIs are selling out, but SIP inflows are supporting the market so far. If SIPs start diminishing, the market will take a significantly hit.
Udayan said the big worry among investors now is rising interest rates, as bond yields have hardened.
Mukherjee said the currency space needs to be monitored closely because the first sign of trouble usually manifests in the currency market than in the stock market.
Not so great earnings expectations and on the margin crude oil at USD 75-76 is leading FIIs to take a more dim view of the Indian market, says Udayan Mukherjee.
Uday Ved, a practicing CA & ex-senior partner KPMG explains the tax implications while depositing cash in banks till December 30.
Share trading in India may have been formally recognized in 1875 with the formation of the Native Share and Stock Brokers‘ Association of Bombay (now the Bombay Stock Exchange). But dealing in shares was prevalent as early as 1840, though there were only about half a dozen people who professed to be share brokers.
'Bulls, Bears and Other Beasts', a book on the history of Indian stock market written by Moneycontrol‘s Santosh Nair.
We kept hammering away, and the stock once again fell below Rs 100. The overall downtrend in the market helped our cause. But to make big profits, you needed that one round of panic selling that would help you cover your positions without sending the prices shooting up
Both the businesses that is biocides and hybrid seeds are growing rapidly, so it was time to unlock value both for shareholders and focus on driving the businesses differently, saidSantosh Nair, CEO of Camson Bio Technologies.
At moneycontrol, we take user feedback seriously, and that is also one of the reasons that we have managed to constantly evolve over time
Also, the market is not very convinced about the estimates for the coming fiscal, especially on tax revenue assumptions. Fiscal deficit target for FY15 is pegged at 4.1 percent. Much of that will depend on the pace of the economic recovery and how the next government manages its subsidy bill.
Budget 2013 is an acid test for Finance Minister P Chidambaram as he tries to revive the economy while keeping all stakeholders in good humour. Has he been equal to the task? Find out
Budget 2013 is an acid test for Finance Minister P Chidambaram as he tries to revive the economy while keeping all stakeholders in good humour. Has he been equal to the task? Find out
Motilal Oswal releases Santosh Nair's book, 'Eleven Commandments of Life Maximization'
MCX-SX's entry into equities trading was expected to hurt BSE the most, since BSE has always been a distant number two once NSE overtook it in the mid-90s.
HDFC Bank has been on a branch expansion spree in semi-urban and rural places over the last couple of years, outpacing rivals, as it hopes to reap rich dividends from the wealth creation in these centres when economic growth picks up in the coming years.
The Securities and Exchange Board of India is contemplating legal action/trading restrictions against companies that do not comply with the June 2013 deadline for ensuring minimum 25% public shareholding (August 2013 for state-owned companies), The Economic Times has reported.
Indices managed to crawl higher on the week, but buyers appear to lacking in conviction at higher levels.
ICICI Bank, India's number two bank by assets, is betting on a renewed focus on its retail loan book to expand its profit margins as well as bottomline this financial year. In an interview to moneycontrol.com, Chanda Kochhar, MD and CEO said that she expected retail loans to account for nearly 40% of the overall book, up from 35% last year.
Asset quality concerns continue to haunt the Indian banking industry. The total amount of restructured loans during 2011-12 and 2012-13 is expected to be at around Rs 2 lakh crore (Rs 2 trillion) with a significant portion from large-sized corporate entities, stated Crisil Ratings in a report released on Tuesday.
Three banks including ICICI Bank, Punjab National Bank and Bank of Maharashtra (BoM) on Thursday slashed their lending and deposit rates to the tune of 25-10 basis points. Many more banks including State Bank of India, Central Bank of India Corporation Bank, Indian Overseas Bank and IndusInd Bank are likely to follow the suit soon.
The good thing for Pranab Mukherjee was that few people had any big expectations from the Budget, given the political compulsions of the UPA government.
Rising crude oil prices, not expensive valuations, pose the main threat to the ongoing rally in global equity markets, says John Praveen, managing director of US-based Prudential International Investment Advisors, the sponsor of
State Bank of India (SBI), the country's top lender, is not worried about loans to telecom companies, whose licences have been cancelled, going bad as they may bid again, its deputy managing director Santosh Nair said.