Retail investors, through the mutual fund route, are yet again absorbing the selling by foreign institutional investors (FIIs) post the budget, which is being reflected by a decline in fear gauge India VIX to a three-month low on Wednesday after wild intraday swings. FIIs have sold shares worth almost ₹6,700 […]
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The Indian stock market indices, Sensex and Nifty 50, have experienced a nearly 2 percent correction from their record high levels. This dip comes amid profit booking and concerns over high valuations. While the Union Budget 2024 had a mixed overall impact, the market is expected to move beyond the […]
Let the dust settle on the budget’s tax shocker before chasing any likely dip, but mutual fund investors can continue their investments—In sum, that’s the message from stock market veterans for retail investors, after the Union budget proposed higher capital gains tax for profits from share sales. “The rise in […]
Mumbai: Profit-booking ahead of key corporate earnings and the budget next week dragged down benchmark indices the most in a month-and-a-half on Friday. Fear gauge India Vix rose to the highest level in over a month. The Nifty fell 1.09% to 24,530.9 while the Sensex pulled back from the 81,000 […]
Finance Minister Nirmala Sitharaman is set to present the full-year Union Budget for FY24-25 on July 23, 2024. The impact of the Union Budget on the equity market has reduced notably over the past few years with the government undertaking most of the reforms outside the purview of the Budget. […]
The upcoming Union Budget 2024 is expected to be fiscally prudent yet expansionary with continuation of the earlier policies of the NDA government, according to a survey conducted with over 50 smallcase managers. A study conducted by investment platform smallcase reveals that over 80% of smallcase managers expect a hike […]
Indian stock market seems to be at relatively normal valuations at the Nifty level, said Deepak Shenoy, Founder and CEO of Capitalmind. In an interview with Livemint, Shenoy said he continues to invest in India’s domestic manufacturing industry, energy sector and in local consumption. Here are edited excerpts. Q. As […]
Deepak Jasani, Head of Retail Research at HDFC Securities, believes the market will witness some profit booking post the Budget. However, Jasani added that after some correction, in case of no negative news, it will attempt to go higher again. Suggesting a market strategy with the Union Budget in mind, […]
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2024 budget, Indian stock market investors are strategizing their moves to navigate the anticipated fiscal policies. The upcoming budget is expected to be themed on fiscal prudence, capex spending to help create jobs and targeted social sector spending. […]
Concerns are mounting on India’s economic policy front, shows the India Economic Policy Uncertainty Index. The index has been wobbly lately and shot up again in June to 137.61 from 83.04 in May and 137.18 in April. The chart below shows the volatile trend in the index. The jump seen […]