Bitcoin trades at $84,000: Reasons behind the market pullback

Bitcoin trades at ,000: Reasons behind the market pullback

Bitcoin recently hit a low of $76,600, raising concerns across the crypto community about its future trajectory. This decline briefly pushed the asset below its 200-day moving average, marking a significant shift from its record-breaking rally to an all-time high of $109,200. Over the past few weeks, Bitcoin has corrected by more than 25%, bringing … Read more

Why one should add gold in their portfolio: Financial planner explains how to balance gold, markets

Why one should add gold in their portfolio: Financial planner explains how to balance gold, markets

In the past 25 years, gold prices have delivered an annualized return of 12.55%, outperforming the 10.73% return of the Indian stock market benchmark index Sensex. While there is ongoing discussion about whether to invest in stocks or gold given the current market conditions, numerous experts recommend including gold in the portfolio. Gold prices have … Read more

MF Lite: Sebi floats framework for passive mutual funds schemes; check details

MF Lite: Sebi floats framework for passive mutual funds schemes; check details

The Securities and Exchange Board of India (SEBI) has recently launched the Mutual Funds Lite (MF Lite) framework to streamline compliance for entities launching passively managed mutual fund schemes. This initiative aims to enhance investment diversification and facilitate the entry of new players into the mutual fund industry. What is Mutual Fund Lite? Mutual Fund … Read more

Mirae Asset Mutual Fund floats two new ETFs for investors; check details 

Mirae Asset Mutual Fund floats two new ETFs for investors; check details 

NFO details: Mirae Asset Mutual Fund has introduced two new schemes: Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF Fund of Fund. These schemes aim to provide investors with an opportunity to capitalise on India’s changing consumption trends, influenced by evolving demographics and growing discretionary spending.  … Read more

Passive funds: Survey finds 80% investors hiked passive investment in one year

Passive funds: Survey finds 80% investors hiked passive investment in one year

Passive fund adoption is on the rise, a survey conducted by Motilal Oswal AMC revealed, adding that 80% of investors have increased their allocation towards index funds and ETFs in the past year. Passive funds have seen a significant growth in assets under management (AUM), surpassing Rs 11 lakh crore by September 2024. This marks … Read more

Bitcoin on cusp of $80,000 for first time on optimism over Trump

Bitcoin on cusp of ,000 for first time on optimism over Trump

Bitcoin is closing in on $80,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers. The cryptocurrency climbed as much as 4.3% to an unprecedented $79,771 on Sunday and remained near $79,000 as of 2:05 p.m. in Singapore. Smaller tokens like Cardano … Read more

Is 2024 a year of fixed income investing? How do we decide where to invest and how much to expect in next few months?

Is 2024 a year of fixed income investing? How do we decide where to invest and how much to expect in next few months?

Is 2024 a year of fixed income investing? How do we decide where to invest and how much to expect in next few months? I want to invest Rs 3-5 lakhs in the coming three months. How should I distribute my money? Madhuparna Banerjee, Ghaziabad Reply by Girirajan Murugan, CEO, FundsIndia We are close to … Read more

There be more ripple effects of Yen carry trade unwinding for India: Cameron Brandt

There be more ripple effects of Yen carry trade unwinding for India: Cameron Brandt

Cameron Brandt, Director of Research, EPFR Global, says equity investors are treating market volatility as something of an opportunity and there is a bit of buying. Investors are coming in on lower valuations and cheaper entry points for ETFs in key markets. However, as investors are taking some risk off the table in high-yield bond … Read more

Gold’s appeal as haven rises in a tumultuous week as US economic concerns weigh on Street

Gold’s appeal as haven rises in a tumultuous week as US economic concerns weigh on Street

Spot gold closed with a loss of 0.23% at $2440 on Friday. However, the metal was up 2.30% on the week, a data and event packed week, as the US yields and the Dollar Index pummeled on the economic concerns. In Friday’s session, initially, spot gold surged on a weak non-farm payroll report and came … Read more

Bitcoin rally and ‘short memories’ reignite everything in crypto

Bitcoin rally and ‘short memories’ reignite everything in crypto

Bitcoin’s rally to near a record high is reawakening animal spirits — not just in the cryptocurrency market itself, but in the broader financial world that had left the digital asset sector for dead last year. The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.’s … Read more