The Nifty midcap 100 and Nifty smallcap indices were up 4-5 percent in June compared to about a percent rise in the Nifty. Most schemes that outperformed them are from the small, midcap or multicap spaceThe Nifty hit a fresh record high in June but rose just about 0.9 percent, however, the bigger performers were […]
Former mutual fund managers and stock gurus on Dalal Street are increasingly offering their advisory services on fintech platforms such as Smallcase. Previously, such individuals were restricted to portfolio management services (PMS) and alternative investment funds (AIFs)—products that are confined to wealthy investors. Prominent names launching portfolios on Smallcase include Sunil Singhania, founder, Abbakus Asset […]
If you are planning to invest fresh money in the stock market – the words premium, overvalued, overbought or correction might cloud your decision. Well, you are not alone as most investors who plan to put in fresh money want to time the market.Rather than timing the market, spending time in the market creates wealth. […]
At the closing price on Friday, Zomato is trading at a multiple of 49.6 times the FY21 revenues. This is significantly higher than Doordash’s EV/Revenue valuations of 15 times, says Divam Sharma of Green Portfolio.Considering a market cap of Rs 67,000 crore, Info Edge looks attractive on valuations. The cash generated by the company from […]
Investments in the Indian capital markets through participatory notes (P-notes) rose to Rs 92,261 crore till the end of June, making it the highest level in 37 months.Investments in the Indian capital markets through participatory notes (P-notes) rose to Rs 92,261 crore till the end of June, making it the highest level in 37 months.This also marks the third […]
Developments of the past week were quite interesting. With market corrections setting in, and positive developments in emerging sectors, we take a look at our smallcase performance and data points give us insights. Click here to view Pdf of Key Insights
“How do you know that this stock will become a multibagger?” This is a question that we get asked the most whenever talking about our smallcases and their performance.Our answer to this question often disappoints the person who’s expecting a complex answer, but the fact of the matter is that the discipline of investing is […]
Almost 60 per cent of the companies – 36 out of 62 – in the S&P BSE FMCG index hit a fresh 52-week high in June, including names like HUL, United Breweries, Marico, Vadilal Industries, Tata Coffee, Venky’s and Dalmia Bharat, among others; Unlock 2.0 sparks off huge sales.The S&P BSE FMCG (fast-moving consumer goods) […]
Seven of the top 10 performing funds in May were from the mid and small-cap space, while three were multi-cap funds.After a muted April, the Indian market made a strong comeback in May amid a fall in new coronavirus cases in the country which once again shifted the focus to economic recovery. Benchmark indices, Nifty and […]
In comparison, inflow in the category was much higher at Rs 2,040 crore in the same quarter last year, according to data available with Association of Mutual Funds in India (Amfi).Gold exchange-traded funds (ETFs) attracted Rs 1,328 crore from investors in the quarter ended June 2021 and experts believe that inflows will continue in the […]
The path for the benchmark stock indices in the second half of 2021 will be determined by factors such as a possible third wave of the pandemic, the stance of central banks in India and the US, the government’s privatisation programme and even a resolution to retrospective-taxation cases.India’s stock market witnessed a stellar rally in […]
Zomato’s Rs 9,375-crore initial public offering (IPO) was subscribed 38.26 times on the third and final day of bidding, provisional subscription data showed. The mega public issue of the food-tech unicorn has seen a rousing response from investors with Qualified Institutional Buyers (QIB), Non-institutional Investors (NII) and Retail investors having oversubscribed their quota. Zomato’s IPO […]