The recent measures by the government have made most foreign brokerages rethink their strategies on India.The reduction in the corporate tax rate, the abolition of enhanced tax surcharge and updated norms of FDI and CSR spending are some of the steps that experts think will boost the market and the economy in the long term.Foreign financial firm Morgan Stanley has raised the target for Sensex to 45,000 by June 2020, saying that it sees green shoots in the offing.Close "Corporate tax cuts create room for improved earnings growth, so we raise earnings growth estimates for Sensex to 25 percent in FY20 and 23 percent in FY21," said Morgan Stanley. related news These 26 stocks saw EPS downgrades in 4 quarters: time to book out? Market Headstart | Nifty may open flat over fears of delay in 'Phase one' US-China trade deal Editor's Take | What does the strategic disinvestment of 5 PSUs mean Citi has raised March 2020 target for Sensex to 40,500 from 39,000."Slashing of corp tax … [Read more...] about Green shoots in the offing? Foreign brokerages see Nifty, Sensex touch all-time highs by 2020 after corporate tax cut
Polish information and foreign investment agency
Today is Akshaya Tritiya - that time of the year for many of us to buy gold. It’s believed to be an auspicious day to start new ventures as well. And because Akshaya Tritiya comes in the middle of the wedding season that is upon us already, most of us have our trips planned to local jewelers.But buying gold costs money and its prices go up and down, just like any other asset. Typically, we always suggest to be a bit cautious in buying gold to ensure you don’t go overboard (we Indians love our gold, do we not?). The good news is, this Akshasya Tritiya might just be a good occasion to buy gold. Moneycontrol has been saying for some time already.Gold prospectsClose Gold prices may move upwards in the next couple of years as the macro- economic picture changes globally. If you have been tracking US President Donald Trump’s tweets for the last couple of years, you would have noticed by now that the world trade and international relations are changing. The tariff wars … [Read more...] about Country celebrates Akshaya Tritiya today; is it time to invest in gold?
Saving and investing is must for everyone. As inflation leads to a price rise of essential commodities, your kitty should also grow over time to keep pace with inflation. While investing either you can choose to be an active investor and expect more return than market average, or you can choose to be happy with lower returns.As the name suggests an active investment management style involves hands-on approach. An investor or the fund manager is expected to pick and choose the right security, at the right time and at the right price. The portfolio comprises hand-picked investment opportunities. At times, the investor may take shelter in safe haven options such as cash and gold. The idea is to outperform returns that the market gives.Of course, it comes with its own set of costs – higher fees and the possibility of underperformance to the market as the fund manager or investor may go wrong.Close Fund managers of actively-managed mutual funds decide on which stocks and sectors they … [Read more...] about Explainer | Active or passive investing – which is better?
PMS AIF WorldMarket regulator Securities and Exchange Board of India (SEBI) on November 20 doubled the minimum investment in PMS funds to Rs 50 lakh effective from January 1, 2020.While the doubling of ticket size may seem discouraging to some, the rule of 72 shows that the increase is just in line with the cost of inflation.Close Also, it must be noted that benchmark indices have more than doubled since the last time SEBI revised the ticket size for PMS investing. The market regulator in January 2012 bumped up the minimum investment in PMS products to Rs 25 lakh from Rs 5 lakh earlier. During that time Sensex was trading at 18,000 levels. It is now trading above 40,000. Hence, the increase in ticket size is also in line with the growth of the market. related news 'Little clarity on US-China trade deal, gold investors getting impatient' SEBI's default disclosure norms may help lenders arrest piling up of bad loans, say experts Infosys troubles: Mohandas Pai … [Read more...] about ‘SEBI’s decision to double PMS investment may favour investors but not fund managers’
Ever noticed a tightrope walker? You could easily notice one at fairs in India, especially in villages. Sometimes, even carefully balancing a pot on his/her head and holding a stick to help maintain balance as he/she treads gingerly from one end of the rope to another.It’s a high risk game! Fall and risk a fracture or break a limb. Reach the other end and earn admiration. You need nerves to even watch it.Buying unlisted shares available in a distress sale is akin to a tightrope walk. Whether you simply buy the shares of unlisted companies that its existing investors want to sell or from an alternate investment fund (AIF) that investors wish to exit midway, or even shares held by employees — these are some of the opportunities that could prop up time and again.Close If you’re vigilant, patient and have the money to spare there could be a fortune. But there’s no guarantee that you’ll make money here. And that is not just the only risk … [Read more...] about Buying unlisted shares and AIF units a tightrope walk, retail investors should stay away