The last fortnight witnessed strong gains in stock markets globally as the US presidential elections concluded with a majority leaning towards Joe Biden. DJIA gained by 11.24 per cent, S & P 500 rose by 9.57 per cent and NASDAQ increased by 8.82 per cent. Investors in American stock markets were seen returning to the favoured technology stocks. Offsetting concerns over a post-Brexit deal with European Union, FTSE 100 jumped by 13.55 per cent after Moderna Inc. reported that its experimental vaccine is 94.5 per cent effective in preventing the corona virus based on data from a late-stage trial.
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The Art Of Asset Allocation
Mutual Fund Distributor
George Joseph CEO and CIO, ITI Mutual Fund
In this exclusive interview, George Joseph, CEO and CIO, ITI Mutual Fund, expresses his opinion about the status of the MF sector in the new scenario post the pandemic and how his fund house is strategizing future investments
LUX INDUSTRIES IN A ‘COMFORTABLE' POSITION
Some of the strengths of Lux Industries include rich sectoral experience, extensive distribution network, substantial cost leadership, proprietary manufacturing ability, vast product variety and sharp focus on the mid-price segment
Turnaround Companies Of 2020
The year 2020 was anything but dull for equity investors. Many made money in 2020 and on an average the risk-taking appetite was on the rise in 2020. The stock prices were no doubt volatile and several stocks more than doubled in 2020. The year clearly belonged to the defensives and penny stocks and to a great extent 2020 was also a year for turnaround stocks. Shreya Chaware highlights the turnaround stories that helped create wealth for investors in 2020 while also sharing key elements to watch out for in identifying turnaround stocks
Welcome 2021 With A Revisited Portfolio
Hemant Rustagi Chief Executive Officer, Wiseinvest Pvt Ltd.
Replace Fixed Deposits With Mutual Fund Schemes
The worst hit by the lower interest rates are investors who had relied on bank fixed deposits to earn interest. The option for such investors is to shift to debt mutual funds. The article explains why
Markets End 2020 On A Cheery Note
With positive news announcements about the vaccines and successful clinical trials, the healthcare industry remained in the limelight, gaining 2.10 per cent during the fortnight
ALKEM LABORATORIES ON A ‘PRESCRIBED' JOURNEY OF SUCCESS
Alkem Laboratories Limited is a pharmaceutical company engaged in the development, manufacture, and sale of pharmaceutical and nutraceutical products.
Jayesh Dadia Chartered Accountant
Tax Column
2021 Value Stocks
Market participants are focusing on 2021 and there is a huge level of enthusiasm and high expectation on the part of investors as far as the forthcoming year goes after an unbelievable 2020. It was not easy to pick pharmaceutical and IT as probable winners at the start of 2020 and similarly it will not be easy to pick the set of stocks that may dominate in 2021. Geyatee Deshpande puts forth a case for value stocks to do well in 2021 while Yogesh Supekar highlights how to identify value stocks
