Ashok Jain, managing director and chairman of Arihant Capital believes that the markets may correct further from these levels. However, as inflation cools off and interest rate hikes come to an end, the markets may stabilize. Since the central banks are playing catch-up, we are not able to fully factor in the impact of rate hikes on the markets. But until rate hikes continue, the markets may remain choppy and volatile as liquidity will be crunched. Currently, Indian markets are trading at higher valuations and have seen negative flows from foreign portfolio investors (FPIs).
Typically, in India, most people buy annuity plans to fund their retirement income. Features of annuity plans Here are some of the features of annuity plans:Guaranteed income: After retirement, annuity products provide a guaranteed income. Types of annuity plans Broadly, annuity plans can be classified into immediate and deferred annuity plans. The annuity payments are given to the policyholder during the disbursal phase. Other products, such as Senior Citizens Savings Scheme and five-year Fixed Deposits, might offer higher returns than annuity plans.28 days ago MintGenie
Gold prices have shot up in recent months, prompting many to shift their earnings to gold investments like gold mutual funds, gold exchange-traded funds (ETFs) and Sovereign Gold Bonds (SGBs). However, many are faced with the dilemma of choosing between putting money in debt funds versus gold investments. We asked four analysts to choose between debt funds and gold for investing their money and why. Adhil Shetty, CEO, BankBazaar.com said, “Debt funds are mutual funds that invest primarily in fixed-income securities such as bonds, debentures, and other money market instruments. We draw a comparison between digital gold, gold ETF and gold bonds.26 days ago MintGenie
However, investors fear that the stock market in 2023 will mirror the volatility in 2022. The stock market stayed mostly in red at the beginning of the year, thus, posing more difficult questions than answers. While 2022 was not a year of miracles for sure, investors are not too optimistic about the stock market’s performance in 2023 too. Considering how 2023 would be synonymous with volatility, it makes sense to list possible mistakes that investors make while deciding where and how to park their earnings. Investors would still be stuck to equity investing in this case, thus, continuing to make them vulnerable to movement in the stock market.2 months ago MintGenie
(Bloomberg) -- European stocks rose as investors responded to strong earnings and showed an appetite for riskier assets. Europe’s Stoxx 600 Index climbed for a fourth day, with media and telecoms stocks leading the gains. Standard Chartered Plc rose as the emerging-markets focused lender announced a buyback and forecast higher returns. Pernod Ricard SA jumped after the French spirits company’s results comfortably beat expectations and it announced a buyback of its own. Treasuries rose, with the benchmark 10-year yield slipping after increasing by six basis points on Wednesday.1 month ago MintGenie
Brokerage firm HDFC Securities has come out with 3 fundamental picks with a time horizon of 2-3 quarters. Gujarat Themis Biosyn stock price trendAhluwalia Contracts (ACIL): As per the brokerage, investors could buy the stock in the Rs. Its cons revenue stood at ₹623 crore in Q2FY23 vs. ₹698 crore in Q2FY22 and ₹609 crore in Q1FY23. EBITDA margin was at 9.9 percent in Q2FY23 vs. 9 percent in Q2FY22 and 9.9 percent in Q1FY23. EBITDA decreased to ₹228 crore in Q2FY23 vs ₹306 crore in Q2FY22 and net profit was at ₹17 crore vs ₹61 crore in Q2FY22.2 months ago MintGenie
"The maliciously mischievous, unresearched report published by Hindenburg Research on January 24, 2023, has adversely affected the Adani Group, our shareholders and investors. "We are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research." "In the 36 hours since we released our report, Adani hasn't addressed a single substantive issue we raised," Hindenburg Research said. Stating that it "fully stands" by the report, Hindenburg said it believes any legal action taken against it would be meritless. Adani Group has repeatedly dismissed debt concerns.1 month ago MintGenie