Love them or hate them! Well, you will probably love these three stocks if you had invested in them say in January 2019, and probably hate them if you missed out on the opportunity.These three stocks have been among the top return generators across three-month, six- month and YTD basis as well. Three stocks which top the charts include names like Bharti Airtel, Bajaj Finserv, and from the private banking space, ICICI Bank.Close They have delivered more than 40 percent return each to investors so far in 2019, and if commentary from experts is something to go by then there is still more upside left. related news Sebi is right in favouring clients over Karvy’s lenders Hot Stocks: Coromandel International, TCI Express may give up to 10% return in 3-4 weeks Data suggests that markets are favouring “turnaround” performers such as Bharti Airtel, and Reliance Industries. However, the past month’s trend is showing the market move towards companies with lower … [Read more...] about Lucky 3! These Nifty50 stocks outperformed in 2019; time to book profits?
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Arvind Ronta The government’s consistent push for financial inclusion and more digital payments has aided the cashless agenda in India. Debit cards have become a much preferred cashless payment method for a large chunk of people. Over the last four years, the number of debit cards has more than doubled and is expected to cross one billion in the near future. In fact, the low credit card penetration, characteristic of the Indian market, is further dwarfed by the sheer size of debit cards in the country. Does that mean that Indian consumers do not have an appetite for credit? Certainly not.Current consumer credit scenarioClose India has an increasingly aspirational and young population. In the last five years, retail loans have grown at a compounded annual rate of 16 per cent, buttressed by an expanding and ambitious middle class. The value of credit card transactions at point-of-sale (POS) terminals exceeds that of debit cards, especially as big-ticket purchases happen … [Read more...] about Viewpoint | Credit access to debit card holders, a potential game-changer for consumer spending