Tuesday, 24 July 2018

What the first-quarter numbers so far tell us: Rural India is recovering

Consumption sectors (FMCG, durables, autos), though on a soft base, post noticeable volume growth for a consecutive quarter.    While optically, numbers look interesting, investors should keep in mind that large number of manufacturing companies witnessed pre-GST destocking in the run-up...

Life insurers' fixed income assets rise 46% in 3 fiscal years, equity assets up 29%

Data showed that at the end of FY18, life insurers held equity assets worth Rs 8.12 lakh crore, and fixed income assets worth Rs 24.5 lakh crore.   From FY15 to FY18, fixed income assets and equity assets of life insurance companies rose 46 percent and 29 percent, respectively, according...

Sensex hits record high even as some stocks sink to 52-week lows: Here's what to do

Experts said investors should avoid taking leverage bets and pick stocks just because it has corrected in double-digits in the recent past.   The Sensex hit a record high of 36,749.69 on Monday but traders are not rejoicing because more than 300 stocks on the BSE hit a fresh 52-week low....

5 largecaps to buy ahead of July expiry which may return 6-17%

If  Nifty sustains above 11,080 levels, one can expect the index to test its all-time high of 11,172 and then 11,230 levels.   The Nifty rallied in the latter half of Monday to close at 11,085, up 0.68 percent. The weekend cut in the Goods & Services Tax in over 100 items and...