Over the past few years, market-linked debentures have been gaining much popularity in India against their counterparts. These structured products come with unique features and various benefits available to investors. However, the concept of these debentures is yet unclear. The Indian debt market has been showing great interest in these debentures and thus it becomes crucial to understand the...
India is the 7th largest country by area with a population of 1.39 billion people and is the most populous democracy in the world. Due to its diversity, the country has been able to remain strong and adapt to the ever-changing international shifts with ease. Today, the modern industries and professional services sectors are continually coming up in a big way to adapt to and grow in...
In a recent survey done by market research agency, Ipsos, across 27 countries, named – “What Worries the World” – Inflation, has topped the list beating poverty, unemployment, crime, and covid. With most commodity prices seeing anywhere between 50% to 100% increase in their prices over a period of 2 years i.e 2020 to 2022, inflation has troubled everybody – from governments to...
The Nifty IT sector has been one of the biggest losers amongst the sectorial baskets correcting almost 32%% from its high of 39,000. The Nifty IT sector is currently trading at 26,480 and is forming new lows in almost every trading session. The main concern regarding the IT companies is regarding its largest consumer – US-based companies. With growing concern regarding recession in the US,...
Share prices of Indian IT companies have seen a sharp correction recently with the Nifty IT index down 27 %so far this year (CY22). Midcap IT stocks like L&T Technology Services, L&T Infotech, and Tech Mahindra have corrected between 40-45 % while larger names like TCS and Infosys have corrected by 12-22%. Also, U.S. Tech stocks have fallen quite sharply with the Nasdaq 100...
The effect of the war on Indian markets lasted a mere seven days with the bottom being established on the eighth-trading day. Thereafter in another seven days, markets have overtaken the levels from where they began to fall. Currently, Nifty is consolidating in the 17000-17400 band. Current Market Outlook Markets have been very volatile majorly owing to geopolitical tensions between...
When America sneezes the world catches a cold! I am sure you must have heard this ample times ever since the 2008 recession. The US has been a global leader and its policy affects the entire world. Most of the world trade is carried with the help of US dollars which serves as a medium of exchange to facilitate trade. The dollar is considered to be a global reserve currency. The U.S Fed had...
The key concern at the top of the investor’s mind is the Russia Ukraine crisis. The Russian invasion of Ukraine is now entering its seventh day. The attack has roiled global markets investors are looking to safe-haven investments like U.S. government bonds, pushing yields down. Gold and the dollar advanced. Crude soared even as steps to tap reserves and increase the supply has...
We are in the profession of fund management and not in the business of fund management. We at Fintoo believe in the philosophy of keeping the client’s interest first and doing what is right for the client even if it means a loss of short-term business opportunity. For the past few months, we stayed by this belief and encouraged our clients to refrain from lumpsum investment as we anticipated...
Chemical industry has been one of those industries who have not only survived through the pandemic, but have grown instead. The chemical industry across the globe has grown leaps and bounds in the past couple of years. From the entire global chemical industry, currently, China’s share is approx. 25% and India’s share is limited to approx. 4%. Compared to China’s approx. 18% share in...