Mumbai: Investors could subscribe to the upcoming offering of Sovereign Gold Bond as prices of the yellow metal appear undervalued after the recent weakness, said fund managers and analysts. Over the next 12 months, investors can allocate up to 15% of their portfolio to gold. In the fifth tranche of SGB this fiscal, investors will … Read more
With the US Federal Reserve and the Bank of England hinting at normalisation, factoring in a more enduring nature of the ‘transient’ high inflation, RBI’s statement appears more dovish in comparison. If indeed the duration of high inflation is longer, RBI may need to re-think its GSAP purchases and start normalising the extant liquidity deluge, … Read more
New Delhi: Foreign portfolio investors (FPIs) offloaded Indian equities to the tune of over Rs 5,689 crore in July so far as they continued to adopt a cautious stance in view of various domestic and global factors. During July 1-23, FPIs took out Rs 5,689.23 crore from equities, as per depositories data. During this period, … Read more
The increase in commodity prices have the potential to stoke inflation in general, given the excess of liquidity sloshing around in the system, thanks to central bank eagerness to support any sign of growth, Synopsis Just as monetary policy lets rising crude prices filter through the system, instead of trying to stamp them out, monetary … Read more
I think capital is flowing to emerging markets and Chinese tech stocks could be the next big beneficiary of lower US dollar. Source link
NEW DELHI: Gold and silver prices slid further on Wednesday, bucking the trend in the international market, as US Fed officials indicated the rates could be raised earlier than outlined before. Chicago Fed President Charles Evans said the central bank still needed to discuss its new average inflation target but that it “could start raising … Read more
We are going to have a market where there is going to be a lot of dispersion across sectors and countries and some of those things that are changing will benefit some companies but not others or countries, says Arnab Das, Head of EM Macro, Invesco. There was nothing really in the FOMC meet that … Read more
NEW DELHI: Nifty closed below the 11,150 level on Monday and in the process formed a Bearish Belt Hold candle on the daily chart. Vinod Nair of Geojit Financial Services said financials led the losses following an RBI report projecting a surge in bad loans this year. “Global markets were impacted due to rising US-China … Read more