The Indian equity markets are on a rollercoaster with the uncertainty surrounding the COVID-19 pandemic. It’s been a nerve-racking experience for investors and wealth has been eroded. As we continue to battle COVID-19 with lockdown 3.0, on a year-to-date basis the S&P BSE Sensex is down -23.9% as of May 5, 2020, (see Table 1…
Coronavirus or Covid-19 is showing no signs of receding. On the contrary, the number of cases is increasing by the day and the situation is rather depressing, as almost every region of the world and country is infected. Sadly, there is no antidote or a vaccine conclusively developed to fight this deadly pathogen yet. And according…
Unnerving movements for debt mutual funds investors! Just last week my colleague, Divya explained the fiasco at Franklin Templeton Mutual Fund, which took a decision to abruptly wind down six debt mutual fund schemes, namely: Franklin India Low Duration Fund Franklin India Dynamic Accrual Fund Franklin India Credit Risk Fund Franklin India Short Term Income Plan…
During the COVID-19 lockdown, individuals are losing patience — moving freely and not following the necessary social distancing. This lack of civic sense and maturity on their part is weakening our fight against the deadly contagion pathogen. The capital markets, as a result, also has witnessed intense volatility and bears are running lose. Certain sections of…
The Nifty 50 Index — a diversified 50 stock index accounting for more than 13 sectors of the economy — has rallied +20% since its March 2020 lows. The Nifty Pharma Index, on the other hand, has skyrocketed +37% outperforming the broader markets quite remarkably. With the world grappling with the Coronavirus or COVID19 pandemic, the…
The lockdown announced to contain the spread of COVID-19 in India has been harsh on many citizens. The Central government along with states has been taking numerous measures and devising strategies to make this 21-day long lockdown successful. Problems are aplenty — right from managing the movement of migrant-labours to making life essentials available to…
The Coronavirus or COVID-19 cases are increasing by the day. The global count of confirmed cases is 6,34,835, while total deaths 29,957 reveals the World Health Organisation’s (WHO’s) latest situation report as of March 29, 2020. It is indeed “scary stuff” as expressed by legendary investor, Warren Buffett in an interview to CNBC a month ago. In…
Sixteen years in the financial services industry — as an ardent market observer and a research analyst — I have not seen this kind of heightened market volatility and sharp price correction barely in a span of two months since the peak of the S&P BSE Sensex (made on January 20, 2020). The Coronavirus or COVID-19 that…
Nippon India Mutual Fund – one of India’s largest mutual fund houses. Franklin Templeton Mutual Fund – one of the most renowned global asset managers. UTI Mutual Fund -India’s oldest mutual fund house. I feel such milestones do not carry much meaning if fund houses can’t live up to the brand value and the expectations…
Last Friday- March 6, 2020, will be remembered as another Black Friday. With Coronavirus or COVID-19 turning out to be almost a pandemic (with confirmed cases and deaths rising across many regions and nations), fear gripped and equity markets across the world sunk! But aside from the Coronavirus epidemic, for the Indian equity market, the RBI’s 30-day…
