Due to erratic spread of monsoon this year, kharif grain and oil seed production is estimated to be lower than last year.
Pharma companies have witnessed 15-20 per cent increase in stock prices in the recent past.
After two months of baffling upward movement, the Nifty finally corrected last week. The good part is that it was a tradeable correction that gave decent returns on some short positions.
Managing personal finance is not an easy task. Despite prudent saving approach, one does find himself/herself in an emergency that needs additional financial support and ends up taking a personal loan. Credit card payments and EMIs have become a way of life.
Till a fortnight ago, call option buyers came up as the lucky ones, as there were very few corrective movements in the Nifty. But the last week saw those with long positions in put options emerging as the lucky ones.
Volatility is part of the expiry week and the last week was no exception to this habit. But normally volatility is seen a day before the expiry of derivatives contracts or on the day of the closing of the series. But last week, volatility started from the very first trading session.
While the Nifty and broader market indices last week pointed to a bullish undertone, there were also moments when the scare of correction visited the Street. The coming few sessions could be interesting, considering that some large-cap stocks that had led the Nifty rally saw a sudden correction.
In June, India’s market share in home textile exports to the US (sum of all products) decreased to 29 per cent.
India, which has witnessed significant growth in the last few years, has gained the distinction of being the fastest growing major economy in the world. This has resulted in the upliftment in the standard of living for India’s young and aspiring population.
The rupee has plumped new depths last week. On Friday it breached the Rs 71-mark and hit 71.03 to a dollar before closing the day at 70.99.
Sumit Bilgaiyan has more than 10 years’ experience in the equity market. With a passion for capital markets, Bilgaiyan has developed expertise in identifying multi-baggers among mid-cap and small-cap stocks.
The rupee has hit life-time low recently, but it is still relatively better placed than during the US Federal Reserve taper tantrum of 2013, and has fared better than some of the other fragile emerging market currencies year-to-date in 2018, said Sampath Reddy, chief investment o
Crude oil has been quite volatile in the past few months ever since the US announced plans to impose sanctions upon Iran, which has triggered supply concerns. Analysts expect crude to stay within a range in the near to medium term.
The Rubber Board has postponed the 4th edition of India Rubber Meet (IRM 2018), which was to be inaugurated on August 30 at Kochi due to the havoc caused by rains and floods in Kerala.
Most investors come to the equity market with a notion that it is an easy place to make money. True, equity as an asset class tends to outperform other asset classes over the long-term.