Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies 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 Buy Bank of Baroda; target of Rs 65: Prabhudas Lilladher
Banknote management for central banks
"Equity valuations after hitting -1 SD in March 2020 have swung to +1 SD – a function of the sharp rise in stock prices, equally sharp drop in post COVID-19 earnings and time value (four months rolled forward). In our view, evidence of a slow but surely improving global economic environment, earnings beat in Q1FY21 so far and continued commitment by central banks for further QE while maintaining record low interest rates – have the potential to keep markets expensive in the near term," ICICI Securities said. … [Read more...] about As market valuations turn expensive, brokerages pick these 27 stocks
"There's a breeze and people like getting together and chatting," said Devan, a 65-year old farmer on a recent evening in the rice and jasmine growing village of Karalapakkam in Tamil Nadu, sitting with about 50 people around a tree by a temple, after a day in the fields. … [Read more...] about Indian villagers tire of coronavirus rules just as rural cases surge
Focusing on the PCF ratios, the US markets clearly do not look overvalued. In fact, for the S&P 500, a PCF of 13.64 is equivalent to a cash flow yield of nearly 7 per cent. The nominal US GDP has grown at nearly 4 per cent over the last decade, which is likely to continue in the long term. Assuming 25 per cent-50 per cent of the cash flow yield is reinvested for achieving the 4 per cent growth, the S&P 500 would yield an estimated 7.5 per cent-10 per cent in USD returns over the long term, similar to the historical S&P 500 returns. With a historical rupee depreciation of 2.5 per cent-5 per cent, the S&P 500 expected returns in INR terms are estimated at 10 per cent-15 per cent in the long term. This compares well with the long-term Nifty returns of 9.63 per cent since inception. (Source: Nifty 50 Index factsheet at niftyindices.com). Please note that all estimates in this article are based on the assumptions made and actual results could be different. … [Read more...] about Should US equities be the core investment in an Indian portfolio?
• Debt funds have some risk (interest rate risk, credit risk, etc.) and hence, are capable of providing better returns than fixed deposits (FDs). But this is not guaranteed. FD interest rate is known beforehand. Same is not the case with liquid funds. But well-run liquid funds are generally able to beat the interest rate earned on FDs of similar duration, that too if held for 3+ years (where they get better tax benefits). … [Read more...] about Viewpoint | Where to invest emergency money – savings account, fixed deposit or a liquid fund?