With consistent earnings normalization, controlled credit costs, and healthy asset quality, earnings for PSBs are expected to grow at a more sustainable pace. We estimate the profitability of the top six PSBs under our coverage to rise to Rs 1.7 trillion by FY26 from Rs 573 billion in FY22 and from collective losses in FY18. … Read more
New traders often begin their trading journey with the unrealistic expectation of finding a magic strategy that will generate consistent profits, allowing them to quit their day jobs and retire luxuriously. This often leads to a phenomenon known as “System hopping,” where traders experiment with various strategies across different asset classes, unaware of the finite … Read more
Equity trading can be a profit-making exercise if the same is backed by professional training, approach, and strict stop losses. We keep hearing about new entrants in the market incurring huge losses. These are cases where the small investors with limited to no understanding take a plunge with no serious thoughts to prevent the losses … Read more
As we head into 2022, we will see the start of a meaningful economic and financial transition. A transition not just to post-COVID reality, but also to more normal monetary policy, and to more moderate returns in financial markets. Central banks globally have started taking action to unwind policy support and limit bond purchases. Gradually, … Read more
MUMBAI: Triple A corporate fixed deposit rates have come down a bit reducing their attractiveness over bank and post office offerings. But senior citizens can still opt for them as they provide flexibility and higher rates. Over the last fortnight, AAA rated companies such as Mahindra Finance, Bajaj Finance, HDFC Ltd and LIC Housing Finance … Read more