While investing, everyone who adheres to a clearly defined rule-based strategy stands a chance to make money. If the rules have stood the test of time, the odds of winning are even higher. Factor-based or smart beta exchange traded funds (ETF) adopt this rule-based approach of portfolio construction. They can be an interesting portfolio candidate … Read more
Promoters of at least 50 mid and small-cap companies have acquired shares of their firms from the open market since March 1 in the wake of declines in prices of many of these stocks. Jindal Stainless, JSW Energy, Zydus Wellness, Nuvoco Vistas, and Bharat Wire are among the companies in which promoters have purchased shares … Read more
Multi-year high oil prices could hurt India’s private consumption, government expenditure and corporate margins, said Sanjay Mookim, India strategist and head of equity research at JP Morgan India. In an interview, Mookim said his base case is for close to zero returns from headline Indian equity indices through 2022, with the growth in earnings likely … Read more
In our last weekly note, we had mentioned that following eight weeks of consolidation, Nifty has finally staged a breakout, while dragging its support levels considerably higher. In the next five days, Nifty extended its gains as it closed at yet another lifetime high. The trading range, though, was relatively narrow as Nifty consolidated fiercely … Read more