Reseñas

The new fund offer (NFO) will be open for subscription from September 3 to September 17, with continuous sale and repurchase starting on September 26. The scheme, managed by Chandni Gupta and Anuj Tagra, will be benchmarked against the CRISIL Medium to Long Duration Debt A-III Index.

US economic indicators, like rising unemployment and mortgage delinquencies, point towards a global economic slowdown, potentially leading to interest rate cuts. The upcoming US elections in Q4 2024 could further fuel market volatility. Comparatively, India’s economy is robust, and with elections and the Budget behind us, it’s well-positioned for continued Continue Reading

Gold and silver experienced a significant drop last week driven by a rebound in the dollar index and U.S. bond yields. The Federal Reserve’s actions and upcoming U.S. economic data, particularly the Payrolls report, are seen as key drivers for commodities in the near term according to Naveen Mathur from Continue Reading

The Nifty index has shown a bearish trend in September, recording negative returns in six out of the last 10 years. This is largely due to selling by Foreign Institutional Investors, though Domestic Institutional Investors have often stepped in to stabilize the markets. Despite this, Nifty managed positive closings in Continue Reading

Buch emphasized the growing use of AI in capital markets, stating that AI will significantly reduce language barriers. She explained how AI could translate IPO summaries into multiple languages, enabling more people to access crucial investment information and become informed investors.

Sectoral and thematic mutual funds topped the returns chart in August with up to 9.37% gains. The WOC Pharma and Healthcare Fund led with 9.37% returns, while international funds and healthcare funds also performed well. Around 73 equity mutual funds, however, yielded negative returns during the same period.

Following the strong rally in Federal Bank, Axis Securities reiterated its rating on the bank with a target price of Rs 230, indicating an upside potential of 18% from the current market price of Rs 195.

Following the sale of a 5.83% stake by promoter Rakesh Gangwal, global indices have increased IndiGo’s weightage, predicting notable inflows. After the sell-off, Gangwal’s stake in IndiGo decreased significantly. The airline is expanding operations and introducing business class seats by November and wide-body planes by 2027.

Adrian Mowat discusses the potential boost for emerging markets from a weakening US dollar and the US Federal Reserve’s shift to a neutral policy. He highlights the impact of US economic data on interest rates and cautions on China’s manufacturing challenges. Emerging markets might benefit if the Fed cuts rates, Continue Reading

Yes, in the short term, we may see some consolidation and correction in gold, but overall, our view remains bullish, and we believe the price of gold is likely to move higher towards $2,560/$2,595 levels from its current level, with strong support at $2,465/$2,433.