What if stocks don’t always go up? Advice for millennials

What if stocks don’t always go up? Advice for millennials

By Chris Bryant When the history of the modern financial era is written, there’s one comment that’s almost certain to merit inclusion: “Stocks only go up!” Sports-blogger turned day-trader Dave Portnoy’s pithy observation this summer was designed to both amuse and provoke. But if you’ve put money into US stocks since the market bottomed out … Read more

The pros and cons of investing in high dividend-paying stocks

The pros and cons of investing in high dividend-paying stocks

By DK Aggrawal Investing in dividend yield stocks is one of the ways of creating wealth and receiving a steady stream of income. Dividend-paying stocks allow investors to profit in two ways: stock price appreciation and payouts made by the company. Dividends are basically a portion of the income that a company distributes among its … Read more

Is it the right time to invest in stocks of banks, NBFCs?

Is it the right time to invest in stocks of banks, NBFCs?

The Bank Nifty, which has lagged the Nifty and sectoral indices for pharma and IT since March, is attempting to make a comeback. Synopsis Speculative bullish positions in the derivatives segment are building up in both banking and NBFC stocks even as worries remain over the fate of interest payments and recoveries of advances. MUMBAI: … Read more

Wipro’s share buyback offers an arbitrage opportunity

Wipro’s share buyback offers an arbitrage opportunity

MUMBAI: Wipro’s share buyback offers an arbitrage opportunity for small shareholders, according to brokerage ICICI Direct. Analysts expect investors to earn about 5%-14% from this trade depending on the extent of the acceptance in the buyback offer. India’s third largest software exporter Wipro has announced a buyback of 23.8 crore shares from its shareholders on … Read more

Long & Short of Markets: Jhunjhunwala tip for new investors, stocks for the long haul & other top reads

Long & Short of Markets: Jhunjhunwala tip for new investors, stocks for the long haul & other top reads

By Atul PM Inflation is like a ‘wolf in a dog’s skin’. You need inflation to boost your consumption demand and output, but it’s also a silent killer of your wealth. India, like all many other economies, is now wrestling with this complex impasse. Meanwhile, on Dalal Street, investors are confused whether to buy every … Read more

Market likely to continue on a zigzag course till the yearend

Market likely to continue on a zigzag course till the yearend

The domestic equity market corrected sharply midway through the week gone by on renewed fear of a spike in Covid-19 cases and fresh restrictions in some of the advanced countries. With the US Election Day just three weeks away, global markets have also slipped into a wait-and-watch mode. Both political parties in the US have … Read more

Goldman says markets overestimating election result delay risk

Goldman says markets overestimating election result delay risk

By Cormac Mullen Traders need to reduce expectations that a delayed U.S. election result could upend markets, according to Goldman Sachs Group Inc. While a delayed outcome is a “tail risk,” a combination of early results, voter turnout, county-level data and the high correlation of polling errors across states suggests investors will have enough information … Read more

Chemcon Speciality raises Rs 95.4 crore from anchor investors

Chemcon Speciality raises Rs 95.4 crore from anchor investors

Mumbai: Chemcon Speciality Chemicals has raised Rs 95.4 crore through allotment of 28.06 lakh shares to anchor investors at Rs 340 per share, according to an exchange notification. IDFC Emerging Business Fund, IDFC Dynamic Equity Fund, ICICI Prudential Child Care Plan Gift Plan, IIFL Special Opportunities Fund Series 7, HSBC Global Investment Funds, Mirae Asset … Read more

Three IPOs to hit market next week

Three IPOs to hit market next week

MUMBAI: The IPO market is buzzing once again with three initial public offers (IPO) – Computer Age Management Services (CAMS), Chemcon Specialty Chemicals and Angel Broking – opening for subscription next week. All three IPOs are likely to get a good response from the investors following the huge successes of the last three – Rossari … Read more