Daily Market Analysis – 10th May 2021
1. Dogecoin, Cryptocurrency The cryptocurrency “meme coin” Dogecoin was created in 2013 as a joke poking fun at the surge in other digital coins. The latest surge has pushed Dogecoin’s market capitalization to $62 billion, which means it’s valued more highly than Ford and Twitter. In 2021, it has surged from less than half a penny to a record of nearly 75 cents....
Daily Market Analysis – 7th May 2021
Fincare Small Finance Bank is going to file for IPO this week. It is one of the 10 microfinance institutions to receive the RBI nod to convert into a small finance bank. RBI mandates SFBs to list within 3 years of reaching a net worth of Rs.500 crores. Accordingly, Fincare has till Sept 2021 to get itself listed. Ranging between Rs.1200-Rs.1400 crore, the issue will comprise of fresh issue...
Daily Market Analysis – 6th May 2021 (Global Economy)
Global economy to grow by 6% in 2021, up from its 5.5% forecast in January. Looking further ahead, global GDP for 2022 will be seen increasing by 4.4%, higher than an earlier estimate of 4.2%. Some Key Points: Those who have managed to have a job during the pandemic will have excess saving hence investments will grow.Many countries like USA, UK will show market recovery Work from...
Daily Market Analysis – 5th May 2021 (Banking Sector)
OUTLOOK ON INDIAN BANKING SECTOR The banking sector has been the backbone of the economy, where the impact on one reflects on the other as well. When the economy is in the progressive phase, lending and borrowing activities increase significantly and this in turn leads to healthy growth in banks. While the economy passes through a rough, the defaults rise and this leads to an increase in...
Daily Market Analysis – 4th May 2021 (Cyclical stocks)
Cyclical Sector Cyclical sectors are directly affected by the economic cycle of a country. So when the economy goes up, prices for these cyclical stocks also tend to go up & when the economy turns down, their stocks prices tend to fall. Few examples of these sectors- cement, steel, automobile manufacture, financial services, hotel industry, airlines. Current Economic...
Daily Market Analysis – 3rd May 2021
Positive Start of Financial Market for FY-22 The FY 2021-22 came up with a ray of hope and positivity as the Financial Markets regained Momentum and the Indian Economy witnessed Traction in the Manufacturing & Other Economic Activity, despite the rising cases of COVID amidst the splurge of Second-wave in the Country.The IMF (International Monetary Fund) projected the GDP Growth of...
Daily Market Analysis – 30th Apr 2021
20% salary of mutual fund managers to come by way of scheme units: SEBI A minimum of 20% of a fund manager’s salary shall be paid in the form of units of mutual fund schemes that they manage. Aside from fund managers, all other “key employees” of the fund house will also be covered, such as the chief executive officer, chief investment officer, and other employees that the fund house...
Portfolio Management Services in India
PMS Products & their strategies in the Indian Market Portfolio Management Services (PMS), is investment management services offered by the Portfolio Manager. The investment portfolio can be diversified into stocks, fixed income, and other structured products. These services can potentially be structured and tailored to meet specific investment objectives based on the risks, rewards,...
Daily Market Analysis – 28th Apr 2021 (Cryptocurrency)
Cryptocurrency V/S Traditional Assets (Stocks, Mutual Funds and other Debt products) What is Cryptocurrency? How does it work? And why are they so popular? A cryptocurrency is a form of payment that can be exchanged online for goods and services. Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized technology spread across many computers that...
