If it has “just” disappointed you, but nothing has fundamentally changed, the likely best option is to stay the course. By remembering that markets never move in straight lines, you may avoid the perils of trying to time the market. Furthermore, you may benefit by doing the opposite of what your intuition suggests and teach yourself to be a contrarian. Simply put, when markets fall, your portfolio is already hurt, and that's in the past. A contrarian views this volatility as an opportunity to find overlooked value in the market and invest in solid companies available at low valuations. … [Read more...] about Staying invested: Moving to cash in volatile markets can hurt long-term portfolio returns
Emerging market forecast 2019
A: There are both similarities as well as divergences in spending patterns, particularly with focus to sectors. For instances, there is a big emphasis on the road and highway development. The annual budgetary allocation for the national highway authority of India has gone up from about Rs 27,000 crore in 2013-14 to about Rs 70,000 crore now. … [Read more...] about Special Podcast | Budget 2019 – Here’s how the UPA and NDA managed finances
Kotak cut FY2020-22E forecasts to factor in coronavirus impact, lower crude prices and weaker macros. The stock has corrected 35 percent in the past month notwithstanding significant RM tailwinds and it is trading at 24 times FY2022E PE, implying 40 percent valuation discount to APNT versus 15-20 percent historically. … [Read more...] about Coronavirus pain may linger; 10 stocks you can consider for your portfolio
The United States, the hardest hit by the virus, has announced a $2-trillion stimulus package. In Europe, the current epicentre of the epidemic, Germany and France announced their stimulus for €750 billion and €45 billion respectively. To protect businesses and workers, Britain has announced four packages worth 65 billion pounds in tax cuts and spending. The European Central Bank is spending €750 billion in bond purchases to provide more liquidity to member states. The European Union leaders, however, have yet to agree on a common financial response, including the so-called corona bonds — an EU-backed mechanism to raise common debt. As EU is preparing for major economic shocks (reduction in real GDP growth in 2020 by 2.5 percentage points), the organisation has promised to everything at its disposal to minimise the impact. … [Read more...] about COVID-19 | Can G-20 provide the right platform for a global response?
From April 1, 2020, India moved into a new regime on foreign limits whereby the FPI limit has been increased to the sector foreign limit. Over the next few months, Morgan Stanley expects MSCI to rebalance MSCI India weights to reflect this change. … [Read more...] about MSCI re balancing: Morgan Stanley says 26 stocks to benefit from the rejig