Wednesday, 31 January 2018

Do capital protection funds really work?





What do you await when you devote in a capital conservation oriented fund? Preservation for your capital and for your money to not lose value, right? The capital market manager, Securities and Exchange Board of India (Sebi) block mutual funds from encourage capital or returns, but fund houses are allowed to devise approach that minimizes the risk of a loss. But is easily getting your money back enough? If, after having devoted for 3-5 years, your fund gives nil returns, capital safeguard doesn’t mean much, does it? What most people are signing on for is shelter of capital along with some returns, ideally more than what fixed deposits give.


Budget 2018 lifts Sensex over 150 points, Nifty above 11,050


                      



Criterion indices BSE Sensex and NSE Nifty opened higher on Thursday as finance minister Arun Jaitley is set to declare the union budget of budgetary year 2018-19. The Indian rupee opened lower against US dollar. Market bankers are confident that the government will manage a balance between budgetary discipline and growth amends in the budget while rural economy boosters and infrastructure push will be key focus. All eyes will be on what the government projects its budgetary deficit, financing programmed and disclosure surrounding banking and infrastructure amend. Here are the latest updates from markets


Sensex down 200 points before Nifty slips below 11000






Before the budget, there is a weakness in the domestic market. Investors have a panic in the market before the budget. There has been an impact on the market due to the decline in the global market due to the rise in global yield bonds. There has been pressure from the decline in heavyweight stocks HUL, TCS, ONGC, Infosys, ITC and HDFC Bank. However, SBI, Reliance Industries is getting bullish. At the moment, the Sensex has dropped 202 points to 35,832 points and the Nifty is down 66 points and is trading at 10,984 points.



Tuesday, 30 January 2018

The impact of higher oil prices on budget



It shows the increase in government revenues and government expenditure (or oil subsidy) for every $10 a barrel rise in oil prices. The subsidy on cooking gas and kerosene (fuel products on which the government still compensates after diesel and petrol were deregulated) increases to Rs18,400 crore. But then, higher crude oil prices also bring in higher revenues for the government.
Analysts from Jefferies India Pvt. Ltd write that excise collections from petrol/diesel do not rise but customs duties, GST (goods and services tax), royalties, cess and profit share do, as do the earnings of upstream state-owned enterprises that bring higher corporate taxes, dividends and dividend taxes. “Indeed, these offset ~90% of the impact of higher subsidies leaving the budget largely agnostic to changes in oil prices unlike in the past,” pointed out Jefferies in a report in December.

Sensex, Nifty open lower amid caution ahead of GDP data, budget




Criterion indices BSE Sensex and NSE Nifty opened lower for the second day on Wednesday as merchant are awaiting fiscal deficit data for April-December and annual gross domestic product (GDP) data for fiscal year 2017 expected after 4.30pm. Traders are also discreet ahead of the US Federal Reserve rate accord due later on Wednesday. The Indian rupee was trading little changed against the US dollar. Here are the latest updates from the markets


Monday, 29 January 2018

Rupee weakens against US dollar in opening trade


The Indian rupee on Tuesday weakened against the US dollar ahead of the key domestic as well as global events due later this week.
The rupee opened at 63.69 a dollar. At 9.15am, the home currency was trading at 63.69 a dollar, down 0.14% from its Monday’s close of 63.59.

Domestically, all eyes are on the last budget before 2019 general elections that will be presented on 1 February. The government on Monday indicated that a “pause” in fiscal consolidation cannot be ruled out in fiscal year 2018.

Read More:- Currency Updates

Sebi limits trading in security receipts to qualified buyers


An exclusive placement, comparatively than a public affair, is the markets regulator’s favored route to start trading in securities receipts issued by asset reorganization companies (ARCs).
Only certain “qualified buyers” will be approved to trade in them, and the minimum lot size will be Rs10 lakh. The motive is to allow only abreast bankers to trade in these securities.

A cabinet set up by the Securities and Exchange Board of India (Sebi) has made this endorsement, and the regulator’s board meeting on 28 December approved them, minutes of the meeting published on the Sebi website on Monday showed.
Read More:- More Updates

Sensex falls 100 points, Nifty trades lower ahead of Budget 2018



The Sensex and Nifty were trading lower on Tuesday after touching fresh record highs in Monday trade, the day when the government released the Economic Survey. Investors are keenly awaiting the National Democratic Alliance (NDA) government’s last budget before the 2019 general elections that will be rolled out in Parliament on 1 February.

Read More:- Market Updates

Sunday, 28 January 2018

Unstoppable Bulls: Five reasons why Sensex just zoomed 300 points



Benchmark equity indices BSE Sensex and NSE Nifty scaled new peaks at 36,388 and 11,156, respectively, in morning trade on Monday, as market participants widened their bets on the first day of the February series F&O contracts. 

This, despite markets regulator Sebi sending out an advice to stock exchanges to tell their brokers to collect higher margins from big clients, including foreign institutions, virtually sounding the alarm bells. 

Sebi is seeing a potential systemic risk in the near-record position buildup in equity derivatives. 


Safe stock will remain in high level market, SAFE can give 5 shares, returns up to 48%


During the last full year market rally, there has been a steady rise in high-priced stocks. But now mid-cap and small-stock shares have become quite expensive. Experts say that the valuation of the market is high. The uncertainty on the market is expected to dominate. Experts believe that investing in better funded stocks will be invested to reduce the risk in high-value markets. Money Bhaskar has chosen only 5 stocks on the advice of experts and brokerage house.

Invest in quality stocks

Jagdish Thakkar, director of Fortune Fiscal, says that there is hope of a good growth in this level in the market too. After the budget, there may be some decline in the market. But for investors, this is not a matter of concern. However, investors should focus on quality lurgecap from this level. Loraccap pharma stacks are still cheap, they can get good growth in 2018. Apart from this, the IT sector can also give new direction to the market.

Market Live: Sensex rises 300 points, Nifty near 11,150 ahead of Economic Survey, Budget 2018



BSE Sensex and NSE Nifty traded higher in the opening hours on Monday against previous sessions. The Indian rupee on Monday was trading marginally weaker against US dollar tracking losses in its Asian currencies market. Traders await the government’s economic survey due later in the day and its last full-year Union budget on 1 February before the 2019 elections. Markets will also focus on the Reserve Bank of India’s bi-monthly policy on 7 February. Maruti Suzuki, HDFC and Wipro were top gainers in morning trade, whereas shares of Bharti Airtel, Dr. Reddy’s and ONGC declined. Here are the latest updates from the markets

Friday, 26 January 2018

Cryptocurrencies fall after Japan’s Coincheck suspends trading



Cryptocurrencies flatten Friday after Japan-based digital commerce Coin check suspended client deposits and departure for virtual currencies except bitcoin.

We have suspended the security, withdrawal, buying and selling of NEM. We’re sorry for create you great annoyance and making you worry,” Coincheck said in a array of tweets disclose it had suspended trading for all cryptocurrencies apart from bitcoin.

Coincheck did not complicate on what had aroused it to suspend trading but said it was preparing an broadcast.

Read More:- Bitcoin Updates

Wednesday, 24 January 2018

Bank recapitalisation plan: Dear govt, you need fresh parenting skills


Classic conceive confront business and logic, and the government’s bank recapitalization plan is nothing but an age-old constitute technique that finally tends to sire more problems.
In the first tranche of the enormous Rs2.11 trillion recapitalization plans, the government finally went back to carpet infusion, giving money for capital to all but one public sector lender (Indian Bank).
Recall that the center was shouting from the rooftops just a year ago that it would not give money to banks that do not perform well and are inefficient.

But now, it has given the money upfront as a show of faith that its banking babies would learn their ways. And like an indulgent parent, it would help.

Sensex hits 125 points, Nifty above 11,050, PSU bank rolls down





On Thursday, the Indian stock market opened at new record levels due to signs from the global market and continued inflow in foreign inflows. But this edge is not much longer. Decrease in market due to weakness in PSU banks, IT and FMCG stocks There is pressure in the market due to weakness in heavyweight stocks SBI, Infosys, Reliance Industries, TCS, HDFC and ITC. At the moment, the Sensex has dropped by 126 points to 36,035 points and the Nifty is trading 34 points down at 11,052 points.

Market volatility peaks despite strong rally



Investors are getting more and more nervous about the equities rally as markets ascend to new highs. The India VIX index, the so-called fear index, rose 14%, to a 14-month high during the day on Wednesday.
The volatility index frequently has an inverse interaction with rising markets. The current rise in the fear index recommend that bankers are losing assurance in the rally or that a correction is probable. Indeed, last year, the VIX had hit a record low suggesting that bankers were complacent about risks.

According to Ajay Bodke,chief executive and chief portfolio manager, Prabhudas Lilladher Pvt. Ltd expansion in volatility underlines nervousness in the markets.

Market Live: Sensex, Nifty trade flat, telecom stocks fall, IT shares gain




The criterion BSE Sensex opened lower on Wednesday after a five-session record-setting spree as banker cashed profits in metal, capital goods, consumer durables, power and banking shares along of January month expiry in the derivatives segment, PTI reported. Brokers said bankers turned discreet and preferred to log gains at record levels ahead of tomorrow’s January expiry in the derivatives segment, pulling down the key indices from record highs. Besides, a weak trend at most of other Asian markets too weighed on the passion here, they added. Meanwhile, foreign portfolio investors bought shares worth a net Rs1,229.35 crore, while domestic institutional bankers made purchases to the tune of Rs169.03 crore on Tuesday, provisional data showed. 

Tuesday, 23 January 2018

The advantages of password managers



If you use the internet often, you would have to use and recall at least 15-20 passwords on a daily basis. Starting from your personal email account, official email account, social media platforms to your bank account, other financial instruments and shopping portals; every website requires a password. Most people find it exceptionally difficult to recognize all their passwords. Hence, many end up writing it on paper, saving it in the outline folder of email account or easily as a file on their computer. Some even use the same password for all the websites. To be sure, all cyber security experts are against these practices as they make you sensitive to cyber-attacks and scams. Hence, most of these experts recommend using password managers.

Read More:- Market Updates

Rupee opens higher against US dollar




The Indian rupee opened higher against US dollar on Wednesday as foreign institutional investors (FIIs) continued to buy in local equity and debt market.
So far this year, FIIs have bought a combined $2 billion in equity and debt. A bulk of this, nearly $1.23 billion, has come to equity markets and the remaining $714 million to debt markets.
Bond yield fell for the third session after the government said it will sell less debt on Thursday’s auction than earlier planned. The government will offer Rs11,000 crore of notes compared to Rs15,000 crore planned, Bloombergreported

Nifty hits 11,000 mark, Sensex past 36,000 for the first time



India’s 50-share Nifty Index on Tuesday hit the 11,000 mark, while benchmark 30-share index Sensex crossed the 36,000 mark for the first time to hit fresh record highs due to positive earnings and the government’s efforts to contain fiscal deficit target.
Analysts believe that the rally in the market is likely to continue after Prime Minister Narendra Modi on Sunday indicated that the upcoming Budget will not be a populist one.


Modi on Sunday said in an interview with Times Now that it was “a myth” that people wanted sops and freebies. It is the responsibility of the government to understand the needs and aspirations of the people and work towards achieving them honestly, Modi said

Monday, 22 January 2018

Fund review: Aditya Birla SL Top 100 Fund



Markets are touching new high almost every day. There is elation in the market, but a sharp fall can upset the current party. To deal with such anxiety, it makes sense to be with schemes with focus on large-sized companies because the possibility of a massive fall in large-sized companies is not as big as in mid- and small-sized companies. Also, large-sized companies are better equipped to deal with high volatility given the strength of their balance sheet, dominant market share and better cash flows from operations. Among large-cap schemes, Birla Sun Life Top 100 should serve as a good investment option. Managed by Mahesh Patil, the scheme follows a buy-and-hold strategy and dedicates a large part of its portfolio to large-sized companies. In the past three years, Birla Sun Life Top 100, a five-star rated scheme, has not only beaten its benchmark, Nifty 50, but also its peers. In the past three- and five-year periods, the scheme has delivered 11% and 17% returns (compounded annual growth rate), while Nifty 50 has given 8% and 12% returns. In the past six months, Patil has enhanced exposure to contrarian bets such as energy stocks. Though these stocks may be out of favor in the market, they have earnings' visibility in the coming quarters.

 

What Idea Cellular took 17 years to achieve, Reliance Jio did in 16 months



It’s been only 16 months since Reliance Jio Infocomm Ltd launched monetary activity, but it may have already catch up with Idea Cellular Ltd on dividend. The new entrant reported revenue of Rs6,879 crore for the December quarter. In correlation, Idea Cellular is expected to report fund of around Rs6,700 crore, based on consent Street estimates.
Idea Cellular had launched operations in 1997 and it wasn’t until 2014 that it attains a similar size in revenues terms. In other words, what took Idea Cellular 17 years to carry out; Reliance Jio has done in 16 months. Even Bharti Airtel Ltd took around 13 years before its revenues reached Jio’s annual run-rate of around Rs28,000 crore in 2008.
Of course, the incumbents started slow in the mid-1990s, when tariffs were prohibitive and volumes were low. It wasn’t until 2002-03, when the government started encouraging competition by granting new licences, that growth picked up

Today's special stock: 7% increase in ONGC, the acquisition of HPCL's gain



On the first trading day of the week, the share of Oil & Natural Gas Corporation (ONGC) got a boost of up to 7 per cent. The company's shares reached level of Rs 205.95 on Monday. Indeed, ONGC has acquired 51.11% stake in Hindustan Petroleum Corporation Limited (HPCL) of the Government of India. This is the reason why the stock of the company has risen. At the close of the market, the stock price was at Rs. 200.70.

 On Monday, ONGC stock opened at Rs 198 for comparison closing price of 193.70 rupees a day earlier. During the business, the company's share reached 7% up to the level of Rs 205.95. At the same time, the company's share price remained low at Rs 198. If the market closes, the stock will remain at a price. At the close of the market, the stock price was at Rs. 200.70.

 Oil and Natural Gas (ONGC) has announced to acquire 51.11% stake in Hindustan Petroleum Corporation Limited (HPCL) of the Government of India. This acquisition deal is Rs 36,915 crore. The filing made by the company was told that the stake in HPCL has been purchased at the price of ONGC 474 per share. These acquisitions will be completed by the end of January.

Market Live: Sensex jumps 300 pts; Nifty Bank hits 27,000 for first time


Merger and acquisition (M&A) activity in India is expected to remain positive this year directed by domestic merger, market share enlargement and entry into new markets, says an EY report.
According to EY's 17th Global Capital Confidence Barometer (India), companies are embracing the ongoing digital evolution and adopting an inorganic route to growth amid supportive economy and easing credit availability.

"Despite dynamic global geopolitical conditions, Indian corporates are positive on the domestic deal market on the back of stable economy, positive deal market fundamentals and a promising deal pipeline," said Amit Khandelwal, Managing Partner, Transaction Advisory Services, EY

Sunday, 21 January 2018

Sebi online filing system stumps investors and intermediaries



The Securities and Exchange Board of India or Sebi’s online register and registration system for emissary to usher in ease of business has had a mixed effect. The registration process on an average according to market colleague has doubled or become three times as against the earlier timeline of a month.
This is due to inefficiencies in the recently installed information technology systems which is also leading to double filings once online and then manually, said four people with direct knowledge of the matter including lawyers, consultants, advisors, fund managers on condition of anonymity.
The market emissary and consultants are planning to write to Sebi on the issues they are facing during the registration processes

Read More:- Sebi Updates

Gold up on safe haven buying after US govt shutdown




Gold prices outskirt up on Monday amid a softer dollar as lender sought safe haven assets after the US government shutdown due to a funding dilemma. 

Funding for federal company ran out at midnight on Friday, and was not renewed amid a dispute between US President Donald Trump and Democrats over immigration. 

Republican and Democratic chief of the US Senate held talks on Sunday searching to break an impasse that has kept the US government shut down for two days, but it was unclear if a deal could be battered to reopen federal company by the start of the work week

Republican Senator John Cornyn predicted on Sunday that the US government would remain shut on Monday, as lawmakers meet to negotiate an end to the impasse, Fox News Channel reported. 

Flows of palladium out of UK stocks to Hong Kong are picking up as demand from Asian industry grows, pointing to a tightening market that could keep record-high prices on the boil. 




Rupee opens marginally weaker against US dollar





"The Indian rupee on Monday depleted somewhat against the US dollar, tracking losses in its Asian peers. Local markets have surged 4.3% so far this year."
Local markets have surged 4.3% so far this year. The benchmark Sensex rose 0.28%, or 98.25 points, to 35,609.83.
Bond yield fell after Oil & Natural Gas Corp. Ltd on Saturday said that it will buy government’s stake in Hindustan Petroleum Corp. Ltd (HPCL) for around Rs36,000 crore.

Traders are cautious ahead of the last full-year Union budget on 1 February before the 2019 elections and Reserve Bank of India’s bi-monthly policy on 7 February.

Read More:- Currency Updates http://www.tradebizzindia.com/freetrial

Friday, 19 January 2018

Great time to invest in women entrepreneurs, says Mann Deshi Bank’s Chetna Sinha




If there is ever a challenge to identify a poster child for the Swachh Bharat campaign, Chetna Sinha, 59, founder of the Mann Deshi Foundation, Mann Deshi Mahila Sahakari Bank and a business school, would evidently qualify. An economist, microfinancier, farmer and social opponent who started her work from Maharashtra’s Satara district, Sinha has enthusiastic her life to the economic empowerment of rural women. She moved to Mhaswad, a town in Satara district, three decades ago when she married into a rural farming family. Coming from cosmopolitan Mumbai, Sinha’s first shock was learning that she had to secrete in the open since the house had no toilet. The household finally did get one, but this was the start of Sinha’s journey of attending to what the community wanted, and one day finding a way to get it Formulated and delivered

It keeps investing every day, earning money as much as you want





People invest their needs, but many times people do not know how many options exist in the market. Many people want them to benefit from their investment once a year, so someone wants them to benefit from investment every month. But there are also options in the market where daily benefits can be taken.

According to AK Corporation, director of Financial Advisor firm BPN Finkap, there are many people who cannot control their expenses. These people spend the money in the accounts of these people. Daily dividend plans of mutual funds are very beneficial for such people. In this, the investor gets returns in the form of daily dividend. These funds invest almost all of their investment in debt schemes of government and private companies



Read on: These are Top 5 Daily Dividend Funds

What impact will Budget 2018 have on the stock markets?






How will the equity markets behave to the Union Budget 2018? If the last few years are taken as a Criterion, it is likely that the Sensex would enjoy in the month after the budget. Since 2010, the Sensex has gone up six times out of nine in the month after the budget. But then, the gauge index has also fallen eight out of nine times during the month prior to the budget. During this time, there was one provisional budget as well.

“Historically, in a scheme of negative expectations from the Budget in the run-up to the event, market participants withheld their buying accord and once the event is out of the way, they take exposure, which causes a bump-up in the market post the event,” says Deepak Jasani, head (retail research) at HDFC Securities Ltd.

Time to invest in value picks? 20 stocks trading below 5-yr PE rose up to 4000%


Want to devote, but not sure which is the right company. Maybe you even like a company, but think assessment are steep. Well, if you have this distrust then you are not alone.
Investors, who devote even freshly, say in the year 2017, have made money in stocks as well as mutual funds. But, looking for value in this market which is already overheated is like finding a needle in a haycock.
When markets are convening the liquidity usually takes everything higher and even fundamentally sound stocks could trade at a multiple higher than historical averages.

Thursday, 18 January 2018

The Airtel, Reliance Jio fight just got uglier



Bharti Airtel Ltd has announced an enormous drop in the profitability of its India wireless business in the December portion. Earnings before interest and tax (Ebit) of the carving fell 93% year-on-year to Rs167 crore. After accounting for finance costs, the unit ran up huge losses. Airtel’s net finance costs stood at Rs2,088 crore, and 60% of this is determinable to the India wireless business, according to analysts.

The losses in the crown jewel India wireless business recommended Airtel is pleased to pay a large price—in the form of near-term losses—in fighting Reliance Jio Info comm Ltd.

Opening bell: Share markets open higher; RIL, ITC, HDFC Bank earnings in focus




The Dow Jones industrial ordinary fell on Thursday as investors determine the possibility of the government seal down at the end of the week.
Major indices in Asia were mostly bigger on Friday although the Australian benchmark tracked lower. Wall Street, for its part, closed its Thursday session with little losses amid political burden.
The Goods and Services Tax Council (GST Council) cut tax rates on 29 products and 54 services at its 25th meeting and agreed to make the process of filing tax returns easy.
Bharti Airtel Ltd’s quarterly profit plunged 39%, missing analysts’ appraisal, as India’s telecom regulator more than halved affiliation fees and a pricing war generate by the entry of Reliance Jio Infocomm Ltd continued unabated.

Will the borrowing cut be past or prologue for the bond market?


Past is prelude, so said Shakespeare. For the Chain market, whether this is true will be only announce on 1 February. 
Bond yields, that have been rising constantly since June last year, discarded a enormous 16 basis points on Wednesday after the government said it would obtain Rs30,000 crore less than previously stated. The lower-than-feared financing has fired up hopes that the center is serious about keeping its fiscal deficit under check in a year when India assembles a rating upgrade.
For now, it has also made traders comfortably forget that the government, in fact, is indeed renting Rs20,000 crore more than it formerly approximated. 

The trend in tax dividend doesn’t offer any hope of devaluation in the deficit in the current year. Goods and services tax (GST) collections have decayed for the second short month.

Wednesday, 17 January 2018

Market Live: Sensex, Nifty hold gains, bank stocks rally, metal shares fall

Indian shares proportion new high on Thursday, tracking global


Markets, with banking stocks devoted the most to gains amid forecast that the government would expansion the foreign investment restraint for banks, Reuters reported. The rally in banks was also backed by the government’s judgment on Wednesday to trim additional market renting by 60% for the ongoing fiscal year ending March. Asian stocks affected record highs as well, with a rally on Wall Street supporting dynamic investor opinion. A rally in global markets and the assumption of mitigation of foreign investment norms in banks are working together to lift the indexes, said Deepak Jasani, head of retail research at HDFC Securities.

Oil prices edge up on solid supplies, Vigorous demand


Oil prices blush on Wednesday on Clench inventory and athletic global demand, although some analysts advised of a descending correction after a more than 13-percent price high in a month.
Prices have been consumed up by production barrier in OPEC nations and Russia, as well as by robust demand-growth.

Brent crude futures were at $69.35 at 0124 GMT, up 20 cents, or 0.3%, from their last close.
Read More:- Oil Updaes

HEAD LIENS OF THE DAY




*Sahara chief Subrata Roy Crack to advertise the New York Plaza, from Tihar jail
*Raghuram Rajan's assignment as RBI chief bare of drama or stress
*ITC: Zero erosion at senior management since 15 years; compensation & dividend strategy cited as main reasons
*Dollar gains on economic news, lower oil prices
*US dollar loses luster in turbulent decade
*Bonds, company fixed deposits are products offering high interest rates
*Taiwan awaits Chinese tourists with mixed feelings

*Bank spreads point to growing confidence