Neerja Agarwal and Yogesh Supekar team up with Lohit Bharambe and create this 2017 portfolio for DSIJ reader-investors.
Indian equity markets are in one of their most interesting phases in 2016. There was clamour for more economic reforms in India and India did get one in the form of demonetisation, which almost shook the whole nation.
Demonetisation, which virtually bought the economy to a standstill, has been touted as extremely beneficial in the long run, but it might have almost pushed the Indian equity markets into a strangulating bear hug.
The prices of stocks climbed considerably high till the month of September from its lows made in the month of February of 2016. Markets gained by almost 20 per cent in just 7 months in 2016, which also was the highlight of the year until two events affected the market sentiment negatively, viz., the US presidential election and the demonetisation move that made use of ₹500 and ₹1000 currency notes illegal after November 8th midnight.
Till demonetisation happened, the markets had focused on corporate earnings and the developments on the gross and net non-performing assets (NPAs) affecting the banking industry as a whole, along with the GST.
Even as the banking system is not yet out of woods with the NPA situation, the turbulence caused by demonetisation for the banking operations do not augur well for the profitability of both public and private sector banks.
The year 2016 (Jan-Nov) was one of the great years for the IPO investors as the year saw a very good number of quality IPO issues hitting the markets and listing at hefty premiums. In total, 88 IPOs succeeded during the said period, with just one issue failing. Fresh capital to the tune of ₹21,500 crore was raised by these 88 companies.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
