Recovery. Resilience. Resurgence. Revival…
There are quite a few more to add to the list of words imbued with the hope that the world embraced while entering the new year 2021. After one of the worst nightmares in human history, the planet hoped for a brighter tomorrow in an age of new normal.
With the COVID cases showing a steady decline across the globe, markets have begun picking up momentum. The Indian markets rebounded with renewed vigour after the finance minister tabled a growth-oriented Budget last month. The rollout of the vaccine earlier this year infused fresh optimism among people and positive global cues triggered an upswing in various sectors.
A revival in automobile looks imminent after a prolonged downhill drive that claimed thousands of jobs and dealt a body blow to the economy. Real estate, too, is rising from its decade-long slump. Equities scaled record highs after the Union Budget and commodities regained momentum, led by a huge spike in gold prices.
The equity outlook for the year 2021 has changed, believes Harshad Chetanwala, who had co-founded MyWealthGrowth.com. “Corporate India was able to cut costs steeply resulting in net profit margin bouncing fast, which was apparent from the third-quarter earnings of the financial year 2021,” he says.
Diese Geschichte stammt aus der March 2021-Ausgabe von Outlook Money.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 2021-Ausgabe von Outlook Money.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
PLANNING TO BUY CHILD INSURANCE? THINK TWICE
Child insurance plans combine insurance and investment but often offer low returns due to high costs, making a combination of a term insurance cover and mutual fund a better option for securing your child’s higher education needs
How Do You Define Happiness?
Money does buy happiness, but after a while, the appeal fades. We talk about our relationship with money, but, maybe, it’s time to revisit our relationship with happiness
Avoid Crypto As It Is Highly Volatile
I am 22 years old and have recently started working. I want to invest a small portion of money in cryptocurrency. How should I go about it? Does it require a huge capital investment?
Invest Right, Don't Speculate
The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it
Here's How To Buy An ETF?
Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.
How Passive Funds Help Diversify
Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio
The Rise Of Passive Funds
The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?
Tax Reforms: What's In Store?
The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms