Investors are rattled by the massive correction in the market that came as a bolt from the blue. Giving them a rude jolt, the bellwether Nifty-50 plunged by 5 per cent and the NSE Mid-cap Index dropped 10 per cent over the past month.
Sudhakar Shanbhag is chief investment officer at private life insurer Kotak Mahindra Life Insurance Company. A chartered accountant, Shanbhag has been part of the Kotak team in varying capacities for over two decades.
With the Union Budget presentation, a major event risk is over for the equity market. Though the budget largely kept to the trodden path with its rural bias, the fiscal slippage and the tightening of the long-term capital gains (LTCG) tax left the stock market a bit disappointed.
A post graduate in civil engineering and an MBA in finance from the University of Pittsburgh (USA), Rahul Agarwal, director of Wealth Discovery, has a penchant for numbers.
For the common Indians, budget 2018 was more of a give-and-take. Unless you are really poor, in which case the government’s proposed healthcare protection scheme is a boon, any gain given in the budget has also been taken away.
While some churn in stocks can be fairly expected before FY19 starts, as investors realign their portfolio, the LTCG pressure on stocks is likely to be limited, said Anand James, chief market strategist at Geojit Financial Services, in an interview with Sangeetha G
Though the Union budget’s thrust was on getting agriculture and rural economy back on track, there was no major announcement for the commodity markets per se.
A trouble with the equity market is that people always look for reasons behind the market moves. It then becomes incumbent on the market players to assign a reason according to one’s ability and understanding, never mind it is right or wrong.
From the way Nifty options, both call and put, carried time value before the budget day, it was clear that massive hedging was going on. But the Nifty’s moves on the budget day took most traders by surprise. Two things happened.
Saravana Kumar is chief investment officer (equity and debt) at LIC Mutual Fund Asset Management. He is a market veteran with around three decades of experience in investment management across segments like mutual funds, banking, insurance and portfolio management services.
The Budget presentation is a super-event for the stock market. Or so we thought. It is also that time of the year when fortunes in individual stocks are made or busted, for a fortnight, at least.
To mitigate the volatility being witnessed in the bond market, RBI could develop other avenues for alternative investment opportunities like ‘options’ and ‘coupon stripping’ in government securities, said Harshad Patil, chief investment officer at Tata AIA Life Insurance in an interview with
Soybean prices are up 20 per cent since October and have touched 16-month high amidst increased import duty for oil, increased demand from the crushing companies and lower production estimates. Prices are expected to remain firm in the coming weeks as well.
It took months, but Divya Mehta finally agreed to purchase the life insurance policy her cousin had being badgering her to buy.
After a long time Nifty traders felt that they were better placed than traders who focus on individual stock futures. The reason: traders with long position in the Nifty were the only one who were able to log in gains.