Taking the middle path with diverse investments is key
Financial Express Mumbai|January 03, 2025
The stock market has been going through tough times, but the good news is that retail investors have continued to invest in systematic investment plans (SIPs), says Radhika Gupta, MD & CEO, Edelweiss Asset Management Company. Gupta tells Akshata Gorde that the SIP book, currently at ₹25,000 crore a month, will rise to ₹80,000-90,000 crore by 2030. Excerpts:
Radhika Gupta

How do you see the stock market in 2025? What kind of asset allocation would you prescribe?

The year 2024 saw elections in three major markets, the start of the rate cut cycle in the US, and notable outflows by foreign institutional investors. Moving into 2025, the focus will shift to corporate earnings, which can drive the markets forward. Several stocks have rallied on earnings expectations, and the coming year will test their delivery.

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Financial Express Mumbai

Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

BENCHMARK SENSEX SPURTED by 454 points and Nifty closed above 23,300 on Monday following gains in banking, financial and power stocks amid firm global trends.

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1 min  |
January 21, 2025
Financial Express Mumbai

Weaker Rupee to Raise Ticket Sizes of Foreign Education Loans: Experts

THE DEPRECIATING RUPEE is expected to slightly increase the average ticket size of overseas education loans, but it is unlikely to deter students from pursuing higher education abroad, Shweta Guru, chief business officer at Auxilo Finserve, said.

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1 min  |
January 21, 2025
Financial Express Mumbai

Billionaire wealth soars 3x faster by $2 trillion in 2024

BILLIONAIRE WEALTH ACROSS the globe surged by $2 trillion in 2024 to $15 trillion at a rate three times faster than the previous year, a study showed on Monday as the richest of the world began to assemble for their annual jamboree in this ski resort town.

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1 min  |
January 21, 2025
Financial Express Mumbai

Trump factor has implications for economy and business, says Birla

2025 WILL BE MARKED by uncertainty, unpredictability and will be unorthodox, Aditya Birla Group chairman Kumar Mangalam Birla said on Monday while reflecting on the year ahead.

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1 min  |
January 21, 2025
Financial Express Mumbai

On Day 2 of ceasefire, Gazans search for people under rubble

PALESTINIANS BEGAN SEARCHING on Monday for thousands of Gazans believed still buried under rubble, as residents expressed shock at the devastation wrought by 15 months of war on the enclave on the second day of a ceasefire between Israel and Hamas.

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1 min  |
January 21, 2025
What the Financial Services Sector Needs
Financial Express Mumbai

What the Financial Services Sector Needs

A Push to India's Economic Landscape

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1 min  |
January 21, 2025
Financial Express Mumbai

Bachchan's ₹83-crore deal: Mumbai property market sizzles again

CONTINUING WITH THE trend seen in 2024, Bollywood stars are keeping the Mumbai property market, especially the western suburbs, abuzz with a number of big-ticket deals in the new year.

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2 dak  |
January 21, 2025
Financial Express Mumbai

Trump 2.0

India has to play its strategic cards well as campaign rhetoric often differs from governing realities

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2 dak  |
January 21, 2025
Financial Express Mumbai

Kotak Bank to Maintain Its Margins

Aided by a rate-cut cycle & led by growth in high-yielding assets

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2 dak  |
January 21, 2025
Financial Express Mumbai

KVB Net Profit Rises 20% to ₹496 Crore

KARUR VYSYA BANK (KVB) on Monday reported a 20% year-on-year increase in its net profit for the third quarter at ₹496 crore.

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1 min  |
January 21, 2025