The year 2017 has been a phenomenal one for stock investors. The year has given them a bountiful return of more than 26 per cent regardless of policy reforms that threw the economy off balance and global uncertainties that made for edge-of-the-seat suspense.
After long, engineering and construction stocks related to basic infrastructure development are seeing some traction in the market. What is bringing investors back to these stocks is the huge bid pipeline seen in road and highways, riding on giant projects like Bharatmala.
After a strong gap-up opening the week before, the market spent most of the last week in consolidation. For four days, the Nifty moved in a range of 100 points, but the market breadth was then largely positive.
Most of us work hard and cut corners to save money to buy a house. Yet, many do not think of insuring the house to protect it from both natural and man-made disasters.
SEEN as one among the most prominent stock pickers, Nilesh Shah, MD and CEO of Envision Capital, has over 22 years’ experience in corporate finance and asset management.
Unlike in developed countries, where retail investors make equity investments largely through qualified professionals or institutions, in India, most investors prefer to take things in their hand and invest directly into the equity market.
Krishna Kumar Karwa is promoter, co-founder and managing director of Emkay Global Financial Services, a broking firm that specialises in institutional broking and equity research.
India’s sovereign rating upgrade has come as a positive surprise for corporate India that has been on a deleveraging drive. The equity market has cheered the Moody’s rating upgrade that came after a 13-year gap.
Sugar production in India is expected to increase by 20-23 per cent to reach 24.5-25 million tonnes in sugar year 2018 (SY18) from 20.30 million tonnes in SY17.
The step to infuse capital into PSU banks in a large manner over two years is certainly a big boost and is a structural positive. With the availability of adequate capital, banks will be able to shore up provisioning coverage and push for faster recognition and resolution of bad loans.
Castor seed prices have been ruling higher for the larger part of this year. Prices were seen cooling off in the past few weeks and the fresh crop arrivals would further put pressure on the prices till December.
In September, India’s market share in home textile exports to the US (sum of all products) declined 2 percentage points (ppt) year-on-year.
India continues to have stable macro environment with low inflation and comfortable balance of payments primarily due to low global crude prices. But rising crude prices and sharp increase in minimum support prices for rabi crops could potentially create inflationary conditions.
“Teaching kids to count is fine, but teaching them what counts is the best.” The quote by American columnist Bob Talbert is pithy, but gets to the core of teaching fiscal responsibility.
Until a fortnight back, the market almost belonged to the buyers of call options. However, the scene has changed last week. Now traders with long positions in put options are having an edge in trading.