Indian IT Stocks experience correction – Time To Take Advantage?
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...
Investment Strategy amid volatility
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...
Fed Rates Potential Impact on the Indian Market
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...
How Russia and Ukraine Crisis Is Affecting Indian Market
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...
Equity Market Outlook – The Road from here…
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...
Indian Chemical Industry Analysis for 2022
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...
2022! Is It A ‘Bubble’, Ready To Pop?
Today, instead of focusing on a stock market or an industry, we’ll spend some time for a little reflection. So, let’s dive in. The Story Let us try and keep it concise. We will not be trying to tag the stock market increasing with excitement or whether or not there’s a surplus at the top. No one amongst us can tell that with undoubted confidence. The optimists normally addressed as the...
What Is Dividend? Top Dividend Paying Companies.
“The less money lying idle, the greater is the dividend” Investment and profits are directly proportional. If you want to make money while sleeping, then investment in the right markets is a must! Investment helps you reap dividends from time to time. What is the dividend? Dividend refers to the process of distribution of a company’s profit to its rightful shareholders. The time...
Everything You Need To Know About The USA Debt Ceiling
The USA debt ceiling crisis is the perfect recipe for an economic blunder, it is a ramification of political polarization which turned the government’s fiscal responsibility into a calamity in no time! So what actually happened? What is the debt ceiling? Why has it been the talk of the town? Well, the US government is accountable for higher expenses than the money it collects via taxes, so...