The sustained inflow of foreign funds is one of the biggest factors to have helped the Indian market trade near all-time high levels recently despite the prevailing weakness in the Indian economy.Data shows that foreign portfolio investors (FPIs) have been net buyers for straight three months, with November witnessing $3.14 billion inflows against $2.2 billion the previous month.On the sectoral front, banks witnessed a strong revival in the foreign fund flow. Non-banking financial companies (NBFCs) and telecom have of late seen funds flow in after continuous sell-offs in previous months, a report from brokerage firm ICICI Direct shows.Close A consistent inflow was seen in insurance and media space, whereas technology, pharma and transportation space saw continuous selling. related news Brokerages expect these 10 stocks could return 14-33% as market rally broadens in 2020 D-Street Buzz: FMCG stocks under pressure led by HUL, ITC; Tech Mahindra, TCS up 2% each Voltas share … [Read more...] about FPIs bet big on banks in November; is the sector gearing up for growth?
Dream big
How brand consultancy FNDR helps companies such as Snap and Glossier find their voices
Jacobi Anstruther-Gough-Calthorpe has big ambitions for Iris, his two-year-old audio-technology startup. Iris has developed software that makes sound more immersive—ideal for streaming services and smartphones. But Anstruther-Gough-Calthorpe also wants to be in the burgeoning wellness space, plugging his tech into meditation apps and other health products. advertisement advertisement A decade ago, a well-financed young company such as Iris—investors include Queen drummer Roger Taylor and independent music label Concord—might have tried to serve a narrow set of customers before expanding into new markets and services. But the rapid ascent of startups such as WhatsApp, Instagram (both now owned by Facebook), and payments platform Stripe has emboldened a new generation of founders to position themselves as multichannel, global, and purpose-driven businesses from the outset. To help articulate his sweeping goals to potential funders, customers, and partners, … [Read more...] about How brand consultancy FNDR helps companies such as Snap and Glossier find their voices
‘Time vs timing: Rs 10 lakh invested in markets 30 years ago now worth over Rs 4 cr’
Arun Kumar“Don't try to buy at the bottom and sell at the top. It can't be done except by liars,” said Bernard Baruch.Close Attempts at timing the market can make investors worse off in the long run than riding out the inherent volatility. This is simply because it’s hard to precisely forecast how the market will move. related news D-Street Buzz: FMCG stocks under pressure led by HUL, ITC; Tech Mahindra, TCS up 2% each Voltas share price gains 2% as analysts retain bullish stance after management meet Is Nifty showing signs of topping out? KST indicator has a story to tell Here is some data to show how market timing is highly unlikely to work.Our analysis of stock market data shows that a significant chunk of investor gains over a long period of time is actually the result of only a handful of highest-return days or as we call them, the best days.Miss a few of these and your long-term investment returns can take a big hit. Conversely, if you stay out of the … [Read more...] about ‘Time vs timing: Rs 10 lakh invested in markets 30 years ago now worth over Rs 4 cr’
‘If Nifty manages to stay above 11,695 in 2020, then it is a bull run’
For Nifty50, 11,695 is going to be the key level for 2020. The ongoing bull run can only be considered valid if it stays above this level, Gaurav Garg, Head of Research, CapitalVia Global Research, said in an interview with Moneycontrol’s Kshitij Anand.Edited excerpt:Close Q) Nifty50 is above 12,000 levels. Do you think the week macro data could spoil the party for bulls? related news D-Street Buzz: FMCG stocks under pressure led by HUL, ITC; Tech Mahindra, TCS up 2% each Voltas share price gains 2% as analysts retain bullish stance after management meet A) According to the data released by the National Statistical Office (NSO), India's retail inflation has surged to 5.54 percent in November, while factory output has gone down to 3.8 percent in October from 4.3 percent in September.These numbers are worse than those in the same quarter last year. All these factors tend towards a negative bias for market growth and could definitely spoil the chances of a major … [Read more...] about ‘If Nifty manages to stay above 11,695 in 2020, then it is a bull run’
Trade | How the deadlock in the WTO appellate body affects India
Arpita MukherjeeIndia has been a major proponent of the multilateral trading system and has batted for the Doha Round to be a Development Round. However, with the slow progress of the Doha Round, countries are rolling back unilateral liberalisation and ignoring their own WTO commitments, resulting in a sudden surge in the number of disputes. With the retirement of the two judges on December 11, there has been significant debate and discussions on whether the demise of the WTO Appellate Body is a boon or bane for India.While some believe that India is at a disadvantage as some critical trade dispute cases are pending and trading partners can now impose harsh measures to retaliate, others think that India now has a breathing space as some of the cases such as the one of export-linked subsidies, which India recently lost against the United States could now get into indefinite delays.Close The reason why the US has been blocking the appointments and reappointments of the judges for over a … [Read more...] about Trade | How the deadlock in the WTO appellate body affects India