In defence of a financial instrument that fails to do its job

In defence of a financial instrument that fails to do its job

Although buying inflation-protected bonds to protect against inflation does not seem unreasonable, it would have been a spectacularly unprofitable move during the latest bout of inflation. One hundred dollars put into inflation-protected Treasuries in December 2021, when investors first saw American core inflation reach 5%, would have been worth just $88 a year later. Even … Read more

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

On a day when several stocks hit the lower circuit triggering a trading halt, there were some fast-moving consumer goods and auto names that stood tall. This hints at investors fleeing to defensive bets in a highly volatile market. On Tuesday, India VIX jumped 28%. Shares of Hindustan Unilever Ltd, Nestle India Ltd, Britannia Industries … Read more

Exit poll 2024 frenzy could be followed by profit booking after results, focus to shift on Budget, say experts

Exit poll 2024 frenzy could be followed by profit booking after results, focus to shift on Budget, say experts

Most exit polls on Saturday, June 1, said the NDA alliance could win 350-370 seats this time. While the actual results could differ from the exit poll predictions, experts say it is highly unlikely that a non-NDA government will be formed at the Centre. Also Read: Poll of Polls: 10 exit polls predict 350+ seats … Read more

Weekend Wrap: From Solar Industries to Hindustan Zinc, top market movers this week

Weekend Wrap: From Solar Industries to Hindustan Zinc, top market movers this week

Top News SEBI has issued regulations requiring listed entities to verify market rumours following significant price movements. Unaffected prices will be considered for transactions within 24 hours of confirming a rumour, excluding its impact on share prices. This framework applies to top 100 listed entities from June 01, 2024, and to the next top 150 … Read more

Adani Enterprises hits new 52-week high on report it may replace Wipro on BSE Sensex

Adani Enterprises hits new 52-week high on report it may replace Wipro on BSE Sensex

Shares of Adani Enterprises, the flagship company of Adani Group, surged 7.5% to reach a new 52-week high of ₹3,377.50 apiece in today’s trading session. This notable upswing came in the wake of insights provided by IIFL Alternative Research, suggesting the prospective inclusion of Adani Enterprises in the Sensex, potentially displacing Wipro from its current … Read more

Want to double your money in 72 months? Key risks you should be aware of

Some financial institutions offer non-convertible debentures (NCDs) with a promise of high rate of return on your investment. These returns are certainly far higher than the regular risk-free investments — bank fixed deposits, for instance. However, prospective investors must remember that these high interest investments usually carry a certain degree of risk at the same … Read more

Investing in debt instruments? Learn how agencies give them credit ratings as Sebi releases master circular

Investing in debt instruments? Learn how agencies give them credit ratings as Sebi releases master circular

Before opting for a debt instrument, investors are often recommended to check the credit rating. Higher the rating, the safer the instrument and conversely, the lower the rating, the riskier the investment.   However, one may wonder what are the criteria based on which these agencies such as CRISIL and ICRA rate the financial products. Each … Read more

Weekend Wrap: From Hindustan Zinc to Supreme, top market movers this week

Top News SEBI has issued a circular that standardised a periodic reporting format for Investment Advisers (IAs) to submit information regarding their activities on half-yearly periods basis on September 30 and March 31 of every financial year. NSE and BSE are conducting a special session for live trading on May 18, with an intra-day switchover … Read more

Muthoot, Manappuram Finance fall over 8% on RBI’s advisory on cash disbursal; here’s what it means for gold financiers

Muthoot, Manappuram Finance fall over 8% on RBI's advisory on cash disbursal; here's what it means for gold financiers

Shares of gold financing companies – Muthoot Finance, and Manappuram Finance – were trading under pressure on Thursday after the Reserve Bank of India (RBI) sent the companies an advisory concerning cash disbursal of loans. The RBI has instructed Non-Banking Financial Companies (NBFCs) to strictly follow the provisions of the Income Tax Act regarding cash … Read more