For India, what RBI Guv is doing is far more important than what Trump is doing: Vikas Khemani
Vikas Khemani of Carnelian Asset Management is optimistic about India’s economic future. He believes the RBI’s actions are crucial for market direction. Khemani anticipates improved corporate earnings in the second half of the year. He focuses on quality management and high-compounding businesses. He suggests India’s tariffs should be competitive with other nations.
ETMarkets Smart Talk: From quality to timing – here is closer look at QUEST framework powering stock picks at Quest investment, says Rajkumar
Rajkumar, CIO of Quest Investment Advisors, suggests that while Indian markets show stability, global factors like U.S. tariffs and Federal Reserve policies create uncertainty. He emphasizes that earnings growth and resilient inflows from SIPs and FPIs are crucial for the Nifty to surpass its all-time high.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty 500 pack, 21 stocks closed above their 200-day moving average (DMA) on July 15. From these, we have highlighted 10 stocks that recorded gains of more than 2% during the session, according to a technical scan by StockEdge.com. The 200-day DMA is used as a key indicator by traders for determining the […]
6 companies to go ex-dividend tomorrow. Check details and buy for last chance to qualify
Several companies, including Coromandel International, GHCL, and Graphite India, have set July 17 as the record date for dividend payouts. Shareholders holding stock on this date are eligible for dividends, rewarding their investment. Coromandel offers a final dividend of 600% at Rs. 6 per share, plus a special dividend.
Fund managers stay selective despite June market surge
Despite market gains in June, fund managers adopted a cautious approach, selectively deploying capital. They favored financial institutions like L&T Finance and AU Small Finance Bank, alongside domestic pharma companies such as Laurus Labs and Divi’s Laboratories. AMCs also showed interest in stocks like Asian Paints and Infosys, indicating measured optimism across diverse sectors.
Asian stocks decline as Fed rate cut bets wane
Asian stocks declined following mixed US inflation data, leading traders to reduce bets on Federal Reserve interest rate cuts. Concerns about persistent inflation were reinforced by comments from Federal Reserve Bank of Dallas President Lorie Logan, suggesting a cautious approach to monetary policy.
What makes passive funds a smart choice for long-term investors?
Fund houses are increasingly launching passive funds, including ETFs and index funds, which replicate market indices for low-cost, diversified exposure. These funds are gaining traction as large fund houses expand their offerings, particularly in equity indices like Nifty 50 and S&P 500.
Insurers may get to put more in REITs, InvITs
India’s insurance regulator, IRDAI, is proposing to double investment limits for insurers in REITs and InvITs, aiming to channel more long-term capital into infrastructure and real estate. The regulator is also considering allowing insurers to invest in gold ETFs under ULIPs, with a cap of 5% of a segregated fund’s assets.
RBI’s three-day VRRR auction too falls short
The Reserve Bank of India’s liquidity draining operation faced a weak response from banks. The variable rate reverse repo auction was undersubscribed. The central bank received bids worth less than the notified amount. Rates moved above the standing deposit facility rate. The intent is to lift overnight rates. Banks are reluctant to park the full […]
Kiwi’s General Insurance application clears R1 stage
Kiwi General Insurance, supported by Westbridge Capital, has received initial approval from the insurance regulator, IRDAI, signaling the commencement of its licensing journey. IRDAI has also established panels to investigate share transfers and regulatory breaches. Furthermore, the regulator assessed the advancement of the Risk-Based Capital regime, taking into account insurer feedback.