Motilal Oswal feels the strong cost control has been the defining theme for Q1FY21 earnings so far. "In these challenging times when demand is weak and uncertain, corporate India has employed the lever of cost reduction to alleviate the stress on the bottomline. More importantly, the corporate commentary does indicate MoM improvement from the complete lockdown in April (to May and June)." … [Read more...] about As market valuations turn expensive, brokerages pick these 27 stocks
Insurance stocks etf
- Take stock of how adequate your life insurance. Is your life cover large enough to take care of outstanding loans, important goals such as children’s education and first-house purchase, as also pay for regular living expenses of dependents for several years till one of them is ready to take responsibility of the family? Also, does it provide a buffer for large medical expenses? … [Read more...] about Audit your personal finances to keep money matters in order
The Central government has considered eliminating some of the stakes of Life Insurance Corporation of India (LIC) in IDBI Bank as part of its divestment process. However, the decision has not been taken yet and the matter was discussed during consultations on the government’s aim to exit from IDBI Bank, as per a release in cnbctv18.Insurance Regulatory and Development Authority (IRDA) has set a 12-year time frame for LIC to exit from IDBI Bank but there is no bar on the corporation to exit the bank before this period. Sources have indicated that such decisions will be guided by valuations.Finance minister in the budget had said that there is a proposition to sell the balance holding of the government of India in IDBI Bank to private, retail and institutional investors through the stock exchange. But the government is still deciding whether it will sell its equity in IDBI Bank in tranches and the quantum or as a single offer for sale.The government currently holds close to 47% and … [Read more...] about Government to consider LIC participation in IDBI Bank’s disinvestment
On the other side, many other blue-chips suffered selling pressure and slumped, including PetroVietnam Gas JSC (GAS), Hoa Phat Group (HPG), FPT Corporation (FPT), Sabeco (SAB), PV Power (POW), Vinhomes (VHM), Vietjet (VJC), Novaland (NVL) and Vincom Retail (VRE). … [Read more...] about Shares volatile as large caps differentiate
US equity markets are the largest in the world, with a market cap of around $30 trillion, representing around 35 per cent of the global stock market capitalization. With a nominal GDP of around $21 trillion, the US economy represents around 25 per cent of the global pie. No other single country comes close to being such a significant part of the global economic and financial system. … [Read more...] about Should US equities be the core investment in an Indian portfolio?