High non-performing assets (NPAs), or bad loans, were a big concern for the banking industry. Restructuring of loans for companies impacted by COVID and raising the LTV ratio for gold from 75 percent to 90 percent was a positive for the economy and banks, which also enthused the market, Nair said. … [Read more...] about Market gives thumbs up to RBI moves, are rate cuts not a trigger anymore?
Schotts meat market
Foreign Portfolio Investors (FPIs) continue to be net sellers in India bonds in 6 out of 7 months so far in CY20! The quantum of selling is however receding.It may be a good idea for FPIs to consider some allocation to Indian Fixed income given relatively high carry and a stable currency. Note that India Forex reserves are almost at $535 bn which could offer support to INR when needed. … [Read more...] about Nahi nahi abhi nahi..abhi karo intezaar! Another rate cut likely if inflation is controlled
"The MPC was cautious with adequate concerns on the evolution of inflation trajectory while being fully supportive of growth prospects as and when inflation trajectory allows. We expect the RBI to pause in the near term with the possibility of a rate cut (if any) visible from the December policy when inflation starts to fall," said Suvodeep Rakshit, vice-president and senior economist at Kotak Institutional Equities. … [Read more...] about RBI Monetary Policy: MPC warns of elevated headline inflation in Q2 FY21
Armed with prospects of high growth, split-second information reach, large doses of capital infusion began to push the new age companies to stratospheric valuations. The stock prices continued to rocket northwards, and retail as well as institutional investors shed the time proven principles of staying invested for a long period of time. Old economy sectors and stocks – infrastructure, construction, public sector companies, metals & mining - started witnessing dwindling traded volumes, clearly highlighting the shift to consumer discretionary, fintech, FMCG and other consumption focussed sectors. Seth Klarman’s words, "The single greatest edge an investor can have is a long-term orientation" seem to be slowly fading away. Economy was disconnected from the stock market was an accepted fact in most investment circles, but by how much and for how long, were the points of debate. … [Read more...] about Value investing: Warren Buffett course-corrects his investment style, should you?
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Accumulate Cipla; target of Rs 804: Dolat Capital