What an exceptional fiscal year it has been for the domestic stock markets, wouldn’t you agree? With the Indian benchmark indices BSE Sensex and Nifty 50 surging by around 30 per cent, and broader indices experiencing an astounding growth of over 60 per cent each, the pervasive investor optimism was unmistakably evident throughout the preceding financial year. In March 2024, significant selling pressure was observed across the broader markets, notably affecting power, energy, real estate, railway, and PSU stocks. This could be attributed to profit booking following sustained strong rallies or could reflect a cautious response to remarks from the SEBI chief warning about market bubbles and stock overvaluations.
While some market experts concurred with these concerns, others like Uday Kotak, Founder and Director of Kotak Mahindra Bank, expressed a different perspective. Kotak stated that he believes the market is not approaching the bubble territory. He acknowledged the presence of some frothiness, but emphasised that it is not yet out of control. Nevertheless, as informed investors, it’s prudent to re-evaluate our portfolios to safeguard against potential bubble bursts and mitigate potential losses. Let’s begin by comprehending the necessity of selling ‘those’ stocks at this moment!
Understanding Intrinsic Worth and Market Evaluations
This story is from the April 08, 2024 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 08, 2024 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
"The Future Of Mutual Funds Looks Promising"
Given that the current landscape of mutual funds is dynamic and evolving, Rashida Kalolwala, Coo, Edelweiss Mutual Fund, states in this interview that the shift towards digitalisation and the emphasis on transparency are some of the factors that will further propel the growth of the mutual fund industry
ETF Vs Stock Liquidity
Exchange traded funds (ETFs) have undeniably revolutionised the investment landscape for both investors and financial services professionals alike. They offer opportunities to diversify portfolios, manage risk more effectively, and reduce investment costs. However, to fully harness these benefits, it's crucial to dispel confusion and misconceptions surrounding ETFs Liquidity. The article examines the working of ETFs, their liquidity and how investors can capitalise on them
Road To Prosperity Through Mutual Funds
In the pursuit of financial freedom and wealth creation, mutual funds have emerged as a beacon of opportunity for investors in India.
Risk Profiling in Mutual Funds
Whether you lean towards equity, debt or hybrid investments, recognising your risk tolerance is paramount. By conducting a risk profile assessment, you gain foresight into potential investment risks, mitigating any future unease before it arises. Rakesh Deshmukh takes a closer look at the scenario to see how it works
Global Equities Rise Amid An Unsurprising Earnings Season
The S&P 500 Index approached its historical peak and marked its third consecutive week of positive performance in mid-May. Concurrently, other major indices also experienced gains, with value stocks surpassing growth-focused equities.
Commodity Traders To Monitor Key Indicators For Favourable Trade
In the past fortnight, the commodity market oscillated between gains and losses, driven by statements from some FOMC officials emphasising a \"higher-for-longer\" approach to monetary policy, juxtaposed with softer economic data from the US supporting arguments for the Federal Reserve to start monetary easing this year.
Understanding How Businesses Get Premium Valuations
Valuation premium is like the extra amount a buyer is willing to pay for a company or asset beyond its basic value. This happens when the buyer believes the company is worth more than its current price. Vaishnavi Chauhan takes a closer look at this parameter as applicable to various sectors
India's Power Sector Set For A Surge
As the world's third-largest energy market, India's energy needs are expected to double by 2050, driving explosive growth and potentially transforming the country from an energy importer to an exporter, particularly in renewable energy. This shift offers long-term investment prospects for those looking to capitalise on India's energy boom
Q4 Earnings Signals Growth
As investors eagerly await the outcome of the ongoing Lok Sabha elections, hoping for a decisive political mandate, the equity markets are witnessing heightened volatility, along with optimism driven by quarterly financial results and expectations of a post-election result rally. Mandar Wagh analyses company performances sector-wise to offer deeper insights into the future outlooks of various sectors, considering growth triggers and risk factors.
The AI Value Chain
Artificial intelligence has found its way into stock trading and has helped streamline the processes while also helping investors and traders deal with huge amounts of data. In fact, Traditional AI is now making way for Generative AI to give a further edge to those who need to choose, buy and sell stocks at a much faster rate. Vaishnavi Chauhan takes a deeper look at how AI works as an evolutionary technology
