Nifty closes lower but broader markets up, economic concerns remain Fiscal deficit and economic growth are twin concerns facing the economy. Experts have been recommending loosening up fiscal targets and focusing on economic growth. Moreover, there seem to be early signs of the economy recovering.
Larger companies continue to grow at rates higher than GDP, stay invested despite the news Our analysis suggests that many of the larger companies, leading the Nifty, continue to grow at rates higher than nominal GDP growth and are trading at valuations that are reasonable. Moreover, as and when the economy recovers, growth rates will be stronger than long term expected growth rates as companies start re-stocking their inventories.
Markets likely discounting economic weakness, maintain positive note Despite the weak economy, the stock markets have been holding up well on the back of the reduced corporate income tax rates leading to higher earnings growth. Moreover, this step is expected to trigger an investment cycle.
Markets rebound on FM announcement, economy yet to follow Stock markets in India rebounded strong, post the announcement of reduced tax rates for Indian companies. The Nifty was up sharply, making up for the losses over the past few months.
How does the corporate tax rate change benefit equity investors? In one stroke, the FM reduced the corporate rates from 34.9% to 25.2%. Let’s find out how it benefits shareholders and thus you, as an investor.
New Sebi norms: What’s in store for liquid fund investors? Market watchdog Sebi recently came out with new guidelines for liquid funds. The newly introduced norms could potentially change the portfolio orientation of liquid funds.
Post-election reality and NBFC concerns dominate June NBFC Credit flow impacting GDP growth. Scripbox Market Commentary June 2019.
Scripbox Market Commentary - April 2019 Here’s our assessment of equity and debt markets in April 2019. Equity markets were muted after a strong March. Election outcome and the resulting clarity in terms of policy is expected to guide market direction post April.
What is the issue with balanced funds? A few weeks back, investor Thiyagarajan Chandrasekaran posted on a popular financial portal ‘there is no dividend for the month of December-18 and February-19’. Thiyagarajan had put his hard-earned money in a top-rated balanced scheme of a mutual fund and was surprised to know that monthly dividends were not guaranteed.
Your retirement plan needs these three pillars It’s never too early to start planning for your retirement. As the saying goes, you can retire from work, but you needn’t retire from life. Managing your daily expenses and lifestyle desires, like travelling and spending on grand children is a part of what planning your retirement finances can help with.
Changes to Mirae Asset India Equity Fund Mirae Asset India Equity Fund will be renamed Mirae Asset Large Cap Fund. The fund was earlier categorised as a ‘Multi-cap fund’, which meant that it could invest across large, mid and small caps. With this change, it will be categorised as a ‘Large Cap fund’. This means, it will predominantly invest in large cap stocks only.
Scripbox Market Commentary – March 2019 Here’s our assessment of equity and debt markets in March 2019. Apart from the elections, larger issues having an impact on the market are strong buying by foreign portfolio investors (FPI), a stronger rupee, and the banking sector logjam.
