Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about After The Bell: Market ends flat; here’s what investors should do on Wednesday
Markets
Wall Street’s ‘fear gauge’ spikes but unlikely to be pointing to a market crash
A part of the recent climb in the VIX has to do with how VIX futures and the spot index converge at monthly futures expiration dates. With the U.S. election nearing, there is a big gap between the VIX, which only covers a 30-day period, and longer-dated futures that cover the election. … [Read more...] about Wall Street’s ‘fear gauge’ spikes but unlikely to be pointing to a market crash
COVID-19, marginal dip in discount rate may deflate the current bull market: ICICI Securities
A sharp dip in forward earnings growth amid COVID-19 and marginal dip in the discount rate will provide headwinds to the current bull market rally in Indian stocks as valuations rise above +1SD (standard deviation) on rolled forward P/E basis, said a report from ICICI Securities. … [Read more...] about COVID-19, marginal dip in discount rate may deflate the current bull market: ICICI Securities
This is how True Beacon’s hedge fund outperformed the markets
In March as the market fell, True Beacon, a hedge fund, was well positioned to take advantage of the volatility. Over the last year, it has returned 27 percent with almost all its outperformance coming after and on account of the market fall in March. As markets have rallied since then, CIO Nikhil Kamath has increased his hedging and says he may not outperform from here on. He’s still bullish on large banks, Reliance Industries, and Infosys. Excerpts from an interview with Forbes India: … [Read more...] about This is how True Beacon’s hedge fund outperformed the markets
‘More MF outflows seen if market keeps rising; BFSI stocks can outperform in next one year’
The forthcoming US elections could be one major risk for US markets, which, in turn, can impact global markets. The other major risks could come from bond yields and the dollar index. Any sharp rise in bond yields and fear of them going up further could lead to a fall in equity markets. The dollar index has fallen by 10 percent from its peak, which has helped flows into the emerging markets and also fuelled a rally in other asset classes. As and when the US economy recovers from the pandemic and heads towards normalcy, the dollar index could rise. If the dollar index goes back to or above the 100-mark from the current levels of around 93, then it could lead to outflows from equities (especially emerging markets). … [Read more...] about ‘More MF outflows seen if market keeps rising; BFSI stocks can outperform in next one year’
