The Nifty is expected to open flat in morning trade on November 22 amid persistent worries over the status of trade negotiations between the US and China.Worries that a 'phase one' trade deal between the US and China may not happen until next year weighed on Wall Street, pulling the S&P 500 down 0.16 percent to 3,103.54. The Dow Jones ended 0.2 percent lower at 27,766.29 and the Nasdaq Composite closed 0.24 percent lower at 8,506.21.Trends on SGX Nifty indicate a flat opening for the broader index in India with a three points loss. Nifty futures were trading around 11,974 on the Singaporean Exchange.Close On November 21, the Sensex fell 76.47 points to 40,575.17 and Nifty ended 30.70 points lower at 11,968.40. related news Trade Setup for Friday: Top 13 things to know before Opening Bell Taking Stock: Market ends lacklustre as investors book profits at record highs The rupee pared initial losses and settled five paise up at … [Read more...] about Market Headstart | Nifty may open flat over fears of delay in ‘Phase one’ US-China trade deal
Hong kong property market
Fixed income investors have been going through uncertain times. Investors in fixed maturity plans of two mutual funds have not been paid in full on the due dates. Elevated credit risk has made many investors shun credit risk funds despite attractive yields.Bond markets are staring at the outcome of the general elections as it will also have some bearing on the macro-economic factors such as fiscal deficit and government borrowing.At this crucial juncture, R Sivakumar, Head- Fixed Income, Axis Mutual Fund advises investors to keep their cool. He advises investors not to shun bond funds altogether and instead choose diversified bond portfolios that suit one’s investment needs.Close Investors are now officially scared of debt funds. Even liquid funds and FMP have lost money. Can we now say that if you can stomach the risk and stay here for the long run, then invest in equity funds? For everything else, go to bank fixed deposits and non-convertible debentures? related news … [Read more...] about Credit risk funds structurally still have the potential to offer excess returns over market returns: Axis MF
You may like them or hate them, but structured products are still in the business and are expected to do better this year in terms of funds raised by issuers. CARE Ratings, in its recent report titled ‘Market Linked Debentures: Heading for a new high in FY20,’ predicts that fund raising using market-linked debentures would soar to Rs 17000 crore in FY-20. This numbers stood at Rs 12246 crore in the previous financial year.MLDs (market-linked debentures) are bonds offering an uncertain payoff to investors. The payoff is ascertained towards the maturity of the bond, depending on the clearly defined underlying condition. For example, a bond may pay 8 per cent if the 10-year benchmark bond yield quotes at 7 per cent or lower. But it will pay 9 per cent if the benchmark bond yield stays above 7 per cent. Some MLDs do offer principle protection.Issuance on the riseClose Recent reports of the Bengaluru police booking several top officials of the Karvy Group for allegedly cheating … [Read more...] about Take a cautious approach to market-linked debentures
We are comfortable with BFSI (including life insurance, AMC), Consumption stocks though the entry timing needs to be fine-tuned, and PSUs that can also provide good returns in case the Govt gathers the courage to conduct one big strategic divestment at a fast speed, Deepak Jasani, Head - retail research, HDFC Securities, said in an interview with Moneycontrol’s Kshitij Anand.Q) A big bailout package unveiled by the Cabinet on the real estate sector is something which was the need of the hour. Do you think the amount is enough, or the government may have to put in more money to move the needle? Any stocks which are likely to benefit the most from the package?A) The package announced could boost sentiments, kick-start liquidity flow and provide relief to homebuyers, developers and real estate financiers.However, the successful implementation will require close coordination between all stakeholders. There could be a significant challenge in its implementation, considering the … [Read more...] about Life insurers, AMC, Consumption, PSU among 4 themes likely to create wealth
Foreign portfolio investors (FPIs) sold equities worth Rs 22,500 crore in the Indian market in the September quarter, as concerns over weak macroeconomic environment and uncertainty around the US-China trade talks and Brexit kept the risk appetite low.There was a shift in the preferences of stocks and sectors as well.According to a Kotak Institutional Equities report, Lemon Tree Hotels, Varun Beverages and Shriram Transport saw the highest increase in the stake by FPIs, while Mindtree, Yes Bank and LIC Housing Finance saw the biggest drop in stake.Close Diversified financials, IT services and oil, gas and consumable fuels sectors witnessed FPI selling. FPI ownership in the BSE-200 Index declined to 23.8 percent in the September quarter from 24.1 percent in the previous quarter. related news These 26 stocks saw EPS downgrades in 4 quarters: time to book out? CSB Bank IPO opens today; should you subscribe? Market Headstart | Nifty … [Read more...] about These stocks were FPI favourites in Q2; do you have any?