IN RECENT times, the markets have remained choppy. We have seen a runaway rally over the last three to four years and the equity markets are currently trading at a premium. The good times, as we have been experiencing, may not last. NSE 500 companies experienced earnings deceleration in Q1 FY25, with 300 of 500 companies reporting a 6 per cent quarter-on-quarter decline in earnings while showing a 3 per cent year-on-year growth primarily due to a 21 per cent year-on-year growth in banking and financial services (BFSI) companies. “Excluding BFSI, 229 companies reported a 7 per cent year-on-year and 10 per cent quarter-on-quarter decline in earnings. In such a scenario, capital is likely to flow towards companies with better earnings growth, making stock-picking crucial, similar to the 2009-2013 period,” says Manish Bhandari, CEO and Portfolio Manager, Vallum Capital Advisors, a Securities and Exchange Board of India (SEBI) registered investment advisor (RIA). In such a scenario, what should be your mutual funds strategy? We take a look.
The Budget Driver
The budget this time, highlights three themes. And these should guide your mutual fund investment strategy going ahead.
Denne historien er fra 24 August 2024-utgaven av BW Businessworld.
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Denne historien er fra 24 August 2024-utgaven av BW Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
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Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
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A WELL-GREASED MACHINE
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DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
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Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
