“Correction shall get accelerated further going forward if index dips below 11250 levels with initial targets of 11100. Meanwhile, 11450 is emerging as a critical short term resistance point,” Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in told Moneycontrol. … [Read more...] about After The Bell: Market ends flat; here’s what investors should do on Wednesday
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The non-SIP investors, mainly HNIs and advisory kind of clients who are well versed with the markets, are pulling out money. Some investors are also booking profits as all indices have seen a pullback of around 50 percent from the lows and have gone back to their February 2020 levels. However, we have seen only a minor drop in monthly SIP figures at around Rs 7,900 crore. If the market continues to go up in the very near future, then we can expect some more outflows from mutual funds. Steep valuations and the disconnect between the economy and markets is making investors cautious and leading to outflows. … [Read more...] about ‘More MF outflows seen if market keeps rising; BFSI stocks can outperform in next one year’
In a liquidity-led chase for returns, we typically see rotation into underperforming asset classes. So there is a case for increased flows to emerging markets and India is relatively still the more exciting of the emerging economies given the strong consumption base and increase in companies seeking investment avenues outside China. So far, the flows that India has received are in line with global flows to other markets too. A good proportion of the flows are into ETFs, which are passive in nature. Thus it looks like largecaps will continue to get a bulk of the FII flows. … [Read more...] about DAILY VOICE: Valuations of largecaps & polarization of market into top 10-20 stocks are biggest risks, says Mihir Vora of Max Life
“For example, Index has generated a CAGR of 8 percent in the last three years, but there are a lot of Individual stocks which doubled during the same period, so ace investors should focus on right sectors & companies rather than broad index numbers,” he added. … [Read more...] about Market cap-to-GDP ratio moves above long period average; time for caution?
Q) What is your take on the SEBI’s new margin requirement? How have investors responded to it?A) The margin requirement is a sensible move from the standpoint of where markets are at present. However, it is detrimental for volumes nonetheless and while investors will come to terms with the new norms, some part of the volume erosion is permanent. … [Read more...] about With US elections getting closer, chances of profit-booking are high: Paras Bothra