Sandeep Nanda is the chief investment officer for private insurer Bharti AXA Life Insurance with assets under management (AUM) of over Rs 5,000 crore. A product of IIT Delhi and IIM Ahmedabad, Nanda has over 25 years’ experience across public, private equity and debt markets.
The recent flood in Kerala has destroyed yearlong plantations, leaving thousands of farmers clueless about their future.
The strength and weakness in currencies have been controlling the price movement in the precious metal counter in the past few months.
The recent correction in mid- and smallcap has to be viewed in conjunction with the significant return (BSE midcap and BSE smallcap index with around 250 per cent return since September 2013 till December 2017).
For the second week in a row, trading on the bourses was limited to four sessions, but accompanied by good market breadth. But a market breadth-based transaction will bear good returns only when a trader makes a comparision between the market breadth in the first half and the second half.
The broader market indices stood their ground last week, refusing to go down at the close. Compared to that, the Nifty saw recovery from the day’s low on three days. There is nothing surprising in the upward attempt towards the day’s close.
Freedom means different things to different people. To a child tired of the routine of school, tuition and extra-curricular classes, freedom could mean vacation. For someone recuperating from a long illness, freedom is walking freely and eating the food they like.
“Price is what we pay and value is what we get,” says Warren Buffett, an American business magnate and investor. It means price and value share an inverse relationship. But many investors do not understand this simple relationship and fall prey to mistakes.
Strong, above-estimate earnings from India Inc have buoyed investor sentiments and set the stock market on an upswing. Blue chips have done particularly well in the April-June 2018 quarter.
Prices of natural rubber in the Indian market have remained firm in the past couple of months. Heavy rains and floods in Kerala are expected to lend further support to domestic prices. But the bearishness in the international market will put some pressure on prices.
Manish Bhandari is known for his penchant to spot multi-baggers. In the past eight years since he has been the managing partner and CEO of Vallum Capital Advisors, his portfolio has been consistently delivering spectacular returns.
The disposal income of the middle-income group is on the rise. A significant part of that incremental savings is expected to flow into AMCs and insurance.
Sugar has always been a politically sensitive commodity in India. For some time now, the sugar industry has been crippled with liquidity crisis. It was only in June, the Centre announced a bailout package and that too after the ruling BJP suffered a defeat in Kairana (UP) by-election in May.
Private life insurance companies have been gradually improving individual annual premium equivalent (APE) growth, reporting 13 per cent YoY growth in July from 9 per cent in June, 4 per cent in May and 2 per cent decline in April this year.
Most short-term traders have made good money in the last two weeks, as some convergence between Nifty moves and market breadth was restored after a gap of about six months.