The BSE Sensex touching 30,000 is a reminder that there is a lot more steam in the Indian markets to still ride on, by Narayan Krishnamurthy.
On April 26, the bellwether S&P BSE Sensex breached the 30,000 mark. The whole of April has witnessed frantic activity in the stock markets and many were waiting in anticipation of this momentous occasion. Celebrations at the BSE are evident with a giant cake and bonhomie among the market participants and the CEO, Ashish Chauhan. The last time the Sensex touched this mark was two years ago in March 2015 for a while, but could not hold on to it. This time around, market players and brokers feel there is scope to go up from here based on the improved economic indicators.
Acche Din
We are past the half way mark of the Narendra Modi government’s present tenure and the global market participants find Indian markets to be promising with a stable government at the centre. The post-demonetisation phase has gone down well with investors—retail and institutional, who are finally waking up to participating in the Indian stock markets directly or indirectly through mutual funds. In fact, the mutual fund inflow in recent years has been scaling new heights each passing month, which is only bringing in more investors into the markets to gain from.
At the same time, policy changes are pushing down guaranteed returns on fixed income schemes and removing several tax arbitrages that existed across financial instruments. Compound this with a situation of high inflation, which is opening eyes of several investors on the need to consider investing their money into equities for some real wealth building.
Diese Geschichte stammt aus der May 2017-Ausgabe von Outlook Money.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May 2017-Ausgabe von Outlook Money.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
5 Tricky Travel Questions, And 1 Foolproof Travel Plan
Now that you have finally bid goodbye to your worklife, you have all the available time at your disposal to satiate your travel bug. But before you set sail on your wanderlust, here are a few things you should keep in mind
Save As Per The Corpus You Need
I am 29. I started investing in mutual funds (MFS) two years ago. I invest ₹2,000 each in three equity funds-multicap, focused equity and multi asset allocation-every month.
Short Selling
The capital markets regulator, the Securities and Exchange Board of India (Sebi), recently issued a new circular which said that while placing orders, institutional investors will have to inform in advance whether the transaction is short selling or not. The order also said that retail investors would be allowed to make similar disclosures till the end of trading hours on the day of the transaction.
Mind Exclusions Before Buying Policy
I am a 29-year-old software engineer. I got married a year and a half ago and currently reside with my parents.
HOW AVERAGES CAN RUIN THE MATH
Calculating a retirement corpus on the basis of average returns can have disastrous consequences as different sequence of returns can lead to different outcomes
Calls For Urgent Action As India Braces For Dementia Crisis
As the ageing population grows, the threat of Alzheimer's disease has also spiked, drawing attention to whether India is prepared to provide the medical support it calls for.
THREE STOCKS MFs WENT BANANAS OVER
When you invest in mutual funds, you are indirectly investing in stocks. So, we decided to find out which are the stocks most mutual funds in the equitylinked savings scheme, flexi-cap, multi-cap and large-and-mid-cap categories invest in. We analysed 149 funds that have a broad mandate to invest in a wide array of stocks and came up with the three stocks that most mutual funds invest in
ANNUAL REPORT CARD
The Indian equity market is in an upbeat mood, and almost all the funds in the OLM 50 list are among the top five funds in their respective categories in terms of performance.
Don't Just Blindly Follow Maxims
The given investment maxims have proven relevant most of the time, but they are not carved in stone. Investment strategies should be tailored to individual situations
IS YOUR fund FARING WELL?
Outlook Money's India's Best Funds 2024 issue aims to empower you with valuable insights and analysis, to help you make informed decisions on the funds you already own or the ones you plan to invest in