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…
We are in a never-seen-before chaos, not just in personal life but also the equity markets. The benchmark indices are down over 30% just within the last one month due to the spike in coronavirus cases. But I believe that it has provided a great opportunity to invest for the long term. My observation suggests…
The entire world is in damage-saving mode. Coronavirus or COVID-19 pandemic has turned the world upside down. At the beginning of the year 2020, nobody would have thought that we were going to face such a catastrophic event just within a few weeks. India reported its first COVID-19 case on January 30th 2020, and since…
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 impact of coronavirus outbreak on the GDP could be severe if things do not return to normal soon. India Inc. could therefore be staring at weak earnings growth in the coming quarters. Few days back my colleague and Editor of Daily Wealth Letter, Rounaq, explained how this could impact your mutual fund portfolio. As he had…
Amid uncertain economic conditions, wherein the recovery in global growth entirely depends upon the intensity, spread and how long the Coronavirus or COVID-19 outbreak continues, the RBI in an exceptional move took all necessary measures. In fact, it has pulled out all weapons to combat the impact of the coronavirus lockdown. In the 7th bi-monthly…
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…
The markets have dipped sharply due to the global pandemic and there seems to be no respite soon enough, making investors anxious. Index funds are now being eyed to offer some relief. As you may know, Index funds are passively managed funds. This implies that the fund does not attempt to outperform the benchmark index, it replicates the…
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…
In these difficult market conditions and when there is lot of uncertainty and high volatility, funds that fall lower than the benchmark index, but have the potential to bounce back higher during recovery are the ones worth holding on to. Many of you may panic and think of redeeming investments whenever there is high volatility…
