Page 6 - Equities

Nomura downgrades Indian equities from 'overweight' to 'neutral'

Says there are few signs of meaningful economic recovery

Why equities will remain in favour

The global equity markets overall may prove directionless in 2020, but individual stocks still look capable of powering ahead. Investors will need to focus on stock-picking

Best of BS Opinion: The last decade for equities, jobs growth, and more

An escalation in West Asia could push up crude oil prices significantly and affect the Indian economy at multiple fronts.

Sensex at all-time high, but real returns across asset classes just over 2%

In contrast, the previous decade (2000-2009) saw double digit nominal returns for stocks and gold while average inflation was at 5.55 per cent

'Prophetic' Goldman Manager who foresaw 2019's equity rally bets on Europe

The asset manager is in line with other major firms like BlackRock Inc. in saying that while it's worth sticking with risk assets into 2020, the gains will be far more limited than in 2019

Goldman pegs down FY20 GDP growth to 5.3%; equities may gain 8.5% next year

The brokerage attributed the evident dichotomy between GDP growth estimates and the benchmark target to the easy monetary policy that the central bank has been pursuing since the beginning of the year

Gold prices soften as hopes of US-China trade deal boost equities, dollar

US President Donald Trump on Tuesday said Washington was in the "final throes" of a deal that would defuse the 16-month tariff dispute with Beijing.

Global fund managers stay bearish on equities; recession top worry: BofAML

According to BofAML, trade war, Monetary policy impotence, bond market bubble and a credit event are some of the other 'tail risks' that the fund managers seem to be wary about

Samvat 2075: Gold and silver give returns of 21% each, outperform equities

The markets came off by 10% between June and September

Markets test investors' patience, so play the waiting game for rewards

Equities perform in short bursts. Make sure you are not out of the market on those crucial days

Investor wealth drops by Rs 1.84 trillion on heavy sell-offs in equities

Investors saw their wealth plunge by Rs 1.84 lakh crore on Wednesday following heavy losses in the equity market where the benchmark Sensex plummeted 504 points. The 30-share BSE gauge ended 503.62 points, or 1.29 per cent, lower at 38,593.52. During the day, the index dived as much as 586.17 points. Dragged by massive sell-offs, the market capitalisation of BSE-listed firms tumbled by Rs 1,84,483.79 crore to Rs 1,46,88,763.39 crore. Indian equities followed the negative global sentiment triggered by top US Democrat and the speaker of the House of Representatives Nancy Pelosy's announcement of opening a formal impeachment inquiry into President Donald Trump. S Ranganathan, Head of Research, LKP Securities, said, "Political uncertainty in the US amidst impeachment talks pulled indices lower." On the Sensex chart, 24 scrips closed the day lower led by SBI, Tata Motors, Maruti, Yes Bank, M&M, HDFC, ITC and Vedanta plunging up to 7.37 per cent. On the BSE, 1,755 scrips declined, 762

Govt's reform push: Domestic equities and rupee likely to see a turnaround

The fall in the market this month comes on the back of even steeper fall in July, triggered by the Union Budget, which was high on taxes and low on stimulus

Surcharge hike for FPIs on capital gains in equities, derivatives withdrawn

The tax payable at normal rate on business income arising from the transfer of derivatives to a person other than FPI shall be liable for the enhanced surcharge

Why long-term investors getting bonus shares might pay higher LTCG tax

The relief: if your equity gains are less than Rs100,000 in a financial year, you can breathe easy

Don't go overboard on equities, avoid lump-sum investments: Expert

Focus on large-caps and ensure that the portfolio is balanced

Canada, Japan up India bet, investors double equity holdings in past year

India's long-term growth potential and politically stable environment is leading more geographies to raise their bets on the country. Canada, which has historically not been a big investor in Indian equities, has seen its equity holding in listed Indian shares double in the past year and grow by more than 100 times in the past eight years. The country is now the seventh largest investor in the country, and stands a good chance of overtaking Norway, UK and Luxemborg to enter the top five league. The country's holdings stood at Rs 17,500 crore at the end of June 2017 from Rs 8,541 crore a year ago, data collated from Prime Database shows. Its holding amounted to a mere Rs 150 crore in 2009. The equity holding data collected by Prime Database is for investors holding at least one per cent stake in listed companies. The benchmark BSE Sensex has risen 14.5 per cent in the one year to June, and doubled in the past eight years. India is seen as a bright spot among emerging markets, and its ..

Equities weaken after Dow breaks 22,000; dollar soft

Shares of Apple, the largest US company by market capitalization, surged 4.9%

Risk-reward unfavourable, don't expect mega returns

Amid all these positive factors, it is possible for investors to lose sight of market realities

'Global stock indices don't look wildly overpriced'

Central bank actions have kept stock markets choppy across the globe in the past few weeks. GOPAL BHATTACHARYA, head - global markets, for the Indian arm of Societe Generale, the Paris-based multinational banking and financial services entity, tells Puneet Wadhwa he does not think a deep correction is imminent at this stage. Edited excerpts:

Stay invested in equities over the long term for better returns

We have all heard it said that while equities are volatile, they have the potential to boost portfolio returns over the long run. We decided to check the truth in this statement by creating three portfolios, with varied levels of equities. We used indices to create portfolios and kept the investment horizon at 15 years. The indices included are Nifty 50, an index of large-cap stocks; the S&P 500 IDX, an index made up of large- and mid-cap stocks; MSCI World NR, an index representing international stocks; and Crisil Composite Bond Fund IX, an index composed of debt and gold. The first portfolio has an equity allocation of 65 per cent, the second has 55 per cent, and the third, 45 per cent. The portfolio allocation with 65 per cent equity allocation garnered the highest return of 14.1 per cent, while the one with 45 per cent had the lowest return of 12.6 per cent.