Opinion | Debt market worries for the stock market
6 years, 3 months ago

Opinion | Debt market worries for the stock market

Live Mint  

The financial sector dominated the Indian stock market last week and is likely to remain in focus in the near term. Although the fund house and Dewan Housing Finance executives came out to explain their position, it was not enough to calm the market. Since NBFCs don’t have a sticky deposit base unlike banks, some of the highly leveraged entities might find it difficult to roll over debt. Meanwhile, the equity market will closely track the debt market as the higher cost of funds, partly due to risk aversion, will also affect non-financial firms.

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India must revive PPPs and reform its bond market to boost economic growth
6 days, 5 hours ago

India must revive PPPs and reform its bond market to boost economic growth

Live Mint  

At 6.4%, India’s likely growth rate for 2024-25 as estimated by the National Statistics Office, would be lower than not just earlier estimates, but even the recently revised estimate of the central bank. Talk of India being the world’s fastest growing large economy brings little cheer to Indians, except at top levels of the pyramid. In short, for India to …

Indian Stock Market 2025: Balancing challenges with strong growth prospects
6 days, 20 hours ago

Indian Stock Market 2025: Balancing challenges with strong growth prospects

Live Mint  

In 2024, the Indian stock market delivered decent returns to investors, with the BSE Sensex rising by 8.17% and the National Stock Exchange Nifty50 climbing 8.8%. This was despite numerous challenges throughout the year, including heavy selling by foreign institutional investors, weak corporate results in the second quarter, unfavourable weather conditions, geopolitical tensions between Iran and Israel, as well as …

India’s share in global market capitalization eases from all-time high
1 week, 5 days ago

India’s share in global market capitalization eases from all-time high

Live Mint  

The last few months of 2024 saw some turbulence in global equity markets due to various factors, leading to a correction in stocks. India’s share in global market capitalization has dipped to 4.2% in December from its August peak of 4.6%, as global equity markets faced turbulence, showed an analysis by Motilal Oswal Financial Services Ltd. The good part is …

Improved earnings of Indian corporates set to drive returns in 2025: Report
Trending News
1 week, 5 days ago

Improved earnings of Indian corporates set to drive returns in 2025: Report

Live Mint  

New Delhi, January 2 : Indian corporates are expected to witness an improved earnings in upcoming quarter which will drive in retuns in the new year, stated the Mirae Asset Mutual Funds stated in its Annual Market Outlook 2025 report. However, the report highlighted that despite higher valuations at the start of the year, equities did well with mid and …

Indian stock markets: Navigating bullish trends, valuation risks, and what’s next in 2025
Trending News
2 weeks, 2 days ago

Indian stock markets: Navigating bullish trends, valuation risks, and what’s next in 2025

Live Mint  

The Indian stock market witnessed an eventful 2024. Liquidity and risks The primary driver behind the bullish 2024 market was robust liquidity, fuelled by retail investors and high-net-worth individuals through direct investments, mutual funds, portfolio management services, and family offices. Read this | 2024: A year of IPO boom as retail interest zooms The Nifty’s price-to-earnings ratio, a key indicator …

Correction risks loom, says Ajit Mishra of Religare Broking, suggests THESE banking, IT stocks to buy
2 weeks, 6 days ago

Correction risks loom, says Ajit Mishra of Religare Broking, suggests THESE banking, IT stocks to buy

Live Mint  

Expert view: Indian investors should be prepared for market volatility and expect modest growth from the Indian stock market, says Ajit Mishra, SVP of research at Religare Broking. He adds the domestic market will likely shift into a consolidation or modest growth phase, with potential corrections driven by external shocks or valuation pressures. Markets will likely shift into a consolidation …

India’s stock market in 2025 and the growing appeal of US bonds
2 weeks, 6 days ago

India’s stock market in 2025 and the growing appeal of US bonds

Live Mint  

India’s stock market enjoyed a bull run the past five years, but several factors, chiefly rising US bond yields and a risk of slowing domestic corporate earnings, are likely to weigh on it in 2025. Rising US bond yields amid disappointing domestic corporate earnings growth and high stock valuations in India have resulted in a recent rush of foreign fund …

Indian stock market: Lessons for investors from 2024 and risks ahead for 2025
3 weeks, 1 day ago

Indian stock market: Lessons for investors from 2024 and risks ahead for 2025

Live Mint  

The Indian equity markets showcased resilience for most of 2024, weathering significant challenges such as persistent inflation, subdued Q2FY25 earnings, foreign institutional investor outflows, geopolitical uncertainties, and the general election outcome. The stock market’s journey in 2024 offers valuable insights for investors, while 2025 presents new opportunities and risks that require careful navigation. Ravi Singh, SVP – Retail Research, Religare …

Market outlook 2025: What key triggers and challenges will shape the Indian stock market next year?
Trending News
3 weeks, 1 day ago

Market outlook 2025: What key triggers and challenges will shape the Indian stock market next year?

Live Mint  

Market outlook 2025: The Indian stock market remains well-poised for a healthy growth in the medium to long term due to strong macroeconomic fundamentals. Key challenges for the Indian stock market in 2025 The key challenge for the Indian stock market is a slowdown in global growth and rich valuation of the Indian stock market. Despite recent correction, several pockets …

Indian stock market shows resilience, growth potential amid cautiously optimistic outlook — expert advice
1 month ago

Indian stock market shows resilience, growth potential amid cautiously optimistic outlook — expert advice

Live Mint  

The Indian stock market has recently demonstrated remarkable resilience, exhibiting a bounce back from periods of consolidation led by uncertainty by economic slowdown and premium valuations. FED Chair speech and recent minutes, which show confidence in the easing of inflation, could sway market sentiments positively. The positive performance of these sectors underscores the market's confidence in the long-term growth prospects …

Indian stock markets review 2024: A tale of two halves
Trending News
1 month, 1 week ago

Indian stock markets review 2024: A tale of two halves

Live Mint  

It has been a tumultuous year for India's stock markets. On the global stage While global economic headwinds and rising geopolitical tensions have cast a shadow over global markets, India has managed to hold its own and outperform several emerging market peers. Shifting dynamics This year, foreign portfolio investors started withdrawing funds from Indian equities and pivoted to China after …

It takes corporate earnings, not crowds, to sustain a stock market boom
2 months ago

It takes corporate earnings, not crowds, to sustain a stock market boom

Live Mint  

The Indian stock market has been in the global spotlight for what The Economist has called the “largest-ever experiment in participatory capitalism." As share indices hit one peak after another over the past five years, attracting retail interest, India’s investor base has grown explosively. Likewise, a large chunk of the 101.2 million mutual fund accounts linked with Systematic Investment Plans, …

India’s ‘sweet spot’ lures bond funds amid global market turmoil
4 months, 3 weeks ago

India’s ‘sweet spot’ lures bond funds amid global market turmoil

Hindustan Times  

Global funds have poured money into India’s debt market for 14 weeks in a second streak of buying this year, evidence of the country’s appeal amid the ructions of worldwide financial markets. “India is in a sweet spot from a macro perspective and also from a monetary policy perspective,” said Jenny Zeng, chief investment officer for Asia Pacific fixed income …

Economic Survey 2023-24: Displaying stellar show banking, financial sectors must brace for likely vulnerabilities
5 months, 3 weeks ago

Economic Survey 2023-24: Displaying stellar show banking, financial sectors must brace for likely vulnerabilities

The Hindu  

With India’s banking and financial sectors displaying a stellar performance in FY24 and as India’s financial sector undergoes critical transformation, it must brace for likely vulnerabilities originating globally or locally, the Economic Survey 2023-24 has cautioned. Economic Survey 2023-24 LIVE updates In FY24 bank credit witnessed double digit and broad-based growth and asset quality improved dramatically with gross and net …

Vantage | Should you be worried about India's stock market crash?
10 months ago

Vantage | Should you be worried about India's stock market crash?

Firstpost  

There is no major cause for concern; market fluctuations do not impact India’s growth story On Wednesday, Indian stocks took a dive. India’s market regulator has asked mutual funds to conduct stress tests and disclose the results by Friday. So there is no major cause for concern; market fluctuations do not impact India’s growth story. There is a large influx …

’Indian market’s short-term outlook clouded by valuation risks’
1 year, 4 months ago

’Indian market’s short-term outlook clouded by valuation risks’

Live Mint  

In an interview with Mint, Niraj Kumar, Chief Investment Officer of Future Generali India Life Insurance Company said while India remains an attractive investment destination for long-term investors given its strong macro fundamentals, the current valuations offer a limited margin of safety. While structurally we remain constructive on the markets owing to the multitude of factors like macroeconomic stability, visibility …

Shedding more light on the debt dilemma
1 year, 5 months ago

Shedding more light on the debt dilemma

The Hindu  

The elevated levels of India’s fiscal deficit and public debt have been a matter of concern for a long time in India. Financial repression The debt-dynamics equation states that when there is no primary deficit, if the growth rate of GDP exceeds the effective interest rate paid on government bonds, the overall debt will decline. When the interest rate on …

’Market mood positive but keep valuations in mind; IT can be a good bet’
1 year, 7 months ago

’Market mood positive but keep valuations in mind; IT can be a good bet’

Live Mint  

In an interview with Mint, Arpit Jain, Joint MD at Arihant Capital said capital goods, railways, defence, hotels, FMCG and banking are some of the sectors that look attractive for the medium term. The prevailing market mood in India is positive, with many companies posting strong results in the last quarter of FY23 and the beginning of the new financial …

Jefferies’ Christopher Wood explains why Indian stock markets are underperforming
2 years ago

Jefferies’ Christopher Wood explains why Indian stock markets are underperforming

Live Mint  

High valuation and FII selling are some of the reasons for underperformance of Indian stock markets at the start of this year, according to Christopher Wood, the Global Head of Equity Strategy at Jefferies, though he remains positive on Indian equities. Though Indian domestic demand story remains rock solid, challenge for stock markets remains high valuations, writes Christopher Wood in …

Share market outlook 2023: India remains a buy on dips market
2 years ago

Share market outlook 2023: India remains a buy on dips market

Live Mint  

As we enter 2023, let us dwell on some macro positives for India. We are seeing higher infra, railway, road and defence spend by government; real estate sector revival is seen going by the housing sales figures that have crossed the pre-pandemic levels; PLI-driven investments have just begun; EVs and renewables are seeing continued thrust and investments; plus, supply chains …

The golden rule of investing was challenged in 2022
2 years, 1 month ago

The golden rule of investing was challenged in 2022

Live Mint  

In the world of investing, one dictum is universally accepted: equity earns returns, and debt provides safety. Nevertheless, India’s returns were lower than what one would expect for one of the fastest growing economies in the world. India’s benchmark repo rate has gone up by 2.25 percentage points this year, but the resulting drop in liquidity and increase in cost …

Debt Funds Saw Big Inflows in August, But Should You Invest in Them Heavily?
2 years, 4 months ago

Debt Funds Saw Big Inflows in August, But Should You Invest in Them Heavily?

News 18  

Debt mutual funds in India saw healthy fund inflows last month, according to the data released by the Association of Mutual Funds of India. This also marks a serious turnaround from the Rs 70,213 crore worth of outflows that debt mutual funds witnessed in the second quarter of 2022. “In fact, we have ‘Moderate return expectations in debt funds’ Viral …

India Inc is losing appetite for offshore debt
2 years, 6 months ago

India Inc is losing appetite for offshore debt

Live Mint  

The pandemic-era overseas borrowing boom by Indian companies has started to slow as interest rates rise, the currency weakens, and the appetite for emerging market bonds diminishes. Measures announced by the Reserve Bank of India easing overseas borrowings by companies, including doubling the annual limit under the automatic route to $1.5 billion and raising the all-in cost cap for foreign …

Financial markets at a turning point as inflation looms large
2 years, 10 months ago

Financial markets at a turning point as inflation looms large

The Hindu  

T he week starting February 13 began with mayhem in India’s stock markets, with the Sensex falling by close to 1,750 points. This is because, besides directly troubling financial investors by eroding the real value of financial assets, the high and even accelerating inflation rates in advanced economies are forcing Central banks to go back on the unconventional monetary policies—involving …

Risks Pile Up for Millions of Day Traders Buying India Stocks
3 years ago

Risks Pile Up for Millions of Day Traders Buying India Stocks

Live Mint  

Nithin Kamath, the chief executive officer of India’s largest online brokerage, estimates that his platform handles 10 to 12 million orders on the average day. “Though business is now slowly picking up as travel resumes, I do plan to maintain my pace of investments.” Since a March 2020 low, when stocks plunged worldwide on signs that the coronavirus was spreading …

How regulations have failed our fixed-income securities market
3 years, 3 months ago

How regulations have failed our fixed-income securities market

Live Mint  

The March 2020 redemption debacle will always be remembered as a moment of reckoning for India’s fixed- income mutual fund industry. Amid the denigration inflicted upon the industry, perhaps the greatest error of judgement pertained to the convenient omission of the fact that India lacks a credible secondary market for corporate debt securities. This means that the risk of holding …

$3 Trillion Market Capitalisation Of Indian Firms Makes For A Compelling Global Allocation
3 years, 7 months ago

$3 Trillion Market Capitalisation Of Indian Firms Makes For A Compelling Global Allocation

News 18  

The stock markets are as much a function of society as of citizens, as much an expression of the collective as of the individual, as much a signature of earnings as of speculations, and as much a paradox as an indicator. Growing steadily over the past 15 years, barring the 2010 jump to 97 percent, India’s market capitalisation to GDP …

Record defaults are clouding India’s stock, bond markets
3 years, 8 months ago

Record defaults are clouding India’s stock, bond markets

Live Mint  

Credit markets are sounding warnings for other asset classes amid India’s unprecedented surge in Covid-19 cases. “One can’t expect there will be good news on the economy, good news on earnings and stock prices will go up,” said Sunil Subramaniam, managing director of Sundaram Asset Management Co. “It is undoubtedly, going to be a volatile period for the market.” Equities …

Foreign portfolio investors pump in Rs 22,038 crore in February amid post-Budget cheer
3 years, 11 months ago

Foreign portfolio investors pump in Rs 22,038 crore in February amid post-Budget cheer

Firstpost  

Himanshu Srivastava, associate director, manager research, Morningstar India, attributed the strong inflows in February to “the positive sentiments around the equity markets after the Union Budget” New Delhi: Continuing their buying trend, foreign portfolio investors have pumped in a net Rs 22,038 crore into the Indian markets in February so far amid positive sentiments around the Union Budget. According to …

Key risk to Indian stocks, economy: Populism, says JPMorgan
4 years, 4 months ago

Key risk to Indian stocks, economy: Populism, says JPMorgan

Live Mint  

India is likely to see a surge in populist politics as it battles the world’s third-highest number of coronavirus cases, posing a key risk for companies whose fortunes are closely tied to the economy, according to JPMorgan Chase & Co. “Rising populism could impact market valuations, at least in part due to protectionist trade and foreign direct investment policies inhibiting …

In risky bets, retail investors in India pile into most leveraged stocks
4 years, 5 months ago

In risky bets, retail investors in India pile into most leveraged stocks

Live Mint  

Companies with high levels of debt are the latest beneficiaries of a retail investor-fueled rally in Indian stocks that’s defying the worst economic outlook in four decades. A custom Bloomberg index of the 30 most leveraged stocks out of India’s top 200 companies has gained 32% since the end of March, compared with a 28% advance in the benchmark S&P …

Latest headache for Indian firms: Sluggish bond market
4 years, 11 months ago

Latest headache for Indian firms: Sluggish bond market

Live Mint  

India needs a bigger bond market now more than ever, to help get funds to cash-strapped companies cut off from their shadow lenders by a crisis in that sector. Rupee corporate bond issuance seen increasing little in 2020 A stalling in issuance also undercuts attempts by Finance Minister Nirmala Sitharaman and predecessors to expand India’s corporate bond market to better …

IIFL bets on India’s beleaguered financial sector
5 years, 1 month ago

IIFL bets on India’s beleaguered financial sector

Live Mint  

IIFL Asset Management Ltd., which oversees $3.3 billion in assets, is set to expand on a strategy of investing in the most stressed area of India’s economy: the financial services industry. The firm aims to eventually attract $1 billion from funds globally to invest in the nation’s privately owned banks, shadow lenders, insurance companies, asset management firms, stock exchanges and …

Economy in bad shape with everything from car sales, bank loans in doldrums, but stock markets on a strong footing; what gives?
5 years, 1 month ago

Economy in bad shape with everything from car sales, bank loans in doldrums, but stock markets on a strong footing; what gives?

Firstpost  

A very small section of the stock market has been driving up the overall stock market The markets can remain irrational, longer than you can stay solvent, said John Maynard Keynes. Despite all this, the BSE Sensex, India’s most popular stock market index, continues to remain on a strong footing. It tells us that at some level the stock market …

Opinion | Lighten India’s debt burden to give growth a chance
5 years, 2 months ago

Opinion | Lighten India’s debt burden to give growth a chance

Live Mint  

With India’s economy growing at the slowest pace in six years, many wonder why consumers, companies and even the public sector can’t set it right. For a time, it was forgotten as India’s economy got a welcome boost from falling oil prices, a surge in lending from shadow banks, and a rise in public sector investment. Oil prices stabilized, alarm …

Risk of contagion in Indian financial sector rising; failure of any large finance firm will adversely impact economic growth: S&P
5 years, 2 months ago

Risk of contagion in Indian financial sector rising; failure of any large finance firm will adversely impact economic growth: S&P

Firstpost  

New Delhi: The Indian financial sector is facing the rising risk of contagion and failure of any large finance company will adversely impact economic growth, S&P Global Ratings said in a report on Wednesday. The failure of any large non-banking financial company or housing finance company may deliver a solvency shock to lenders,” said S&P Global Ratings credit analyst Geeta …

’India is a very self-correcting country’: Rashesh Shah
5 years, 9 months ago

’India is a very self-correcting country’: Rashesh Shah

Live Mint  

Mumbai: From a small office in downtown Mumbai to an imposing steel-and-glass building overlooking the city’s Bandra-Kurla Complex financial hub, Rashesh Shah, 55, has come a long way. Shah, armed with an MBA from India’s top business school and expertise gleaned from his time at one of the nation’s largest banks, partnered with a colleague in 1995 to set up …

Opinion | How Sebi’s new policy fares
5 years, 9 months ago

Opinion | How Sebi’s new policy fares

Live Mint  

Liquid funds are the largest category of debt mutual funds. The credit events, as of September 2018, and its effect on the non-banking finance companies and housing finance companies caused money market rates to spike and investor withdrawals from liquid funds. On most days, daily returns of liquid funds do not deviate much from the portfolios’ yield to maturity net …

India Inc raises ₹6 trillion from equity, debt markets in 2018 : Report
6 years ago

India Inc raises ₹6 trillion from equity, debt markets in 2018 : Report

Live Mint  

New Delhi: Indian companies have raised nearly ₹ 6 lakh crore from equity and debt instruments in 2018, but volatile market conditions brought down the kitty by 30 per cent. Out of the cumulative ₹ 5.9 lakh crore garnered so far this year from capital markets, a large chunk or ₹ 5.1 lakh crore has been mopped up from the …

Nervous Indian firms buy the shortest-term debt they can
6 years, 1 month ago

Nervous Indian firms buy the shortest-term debt they can

Live Mint  

Mumbai: Corporate treasury departments in India have become so concerned about credit risk they’re increasingly parking their cash in securities maturing overnight. Overnight funds could gain more heft if the regulator tightens rules for money-market funds, which in September suffered the worst outflows since at least April 2007 amid defaults at the IL&FS Group. Several fund houses marked down their …

India’s dark corporate debt market now loses the flicker of liquidity too
6 years, 3 months ago

India’s dark corporate debt market now loses the flicker of liquidity too

Live Mint  

Corporate bonds are like that old gadget or furniture that lies around the house because no one wants to buy it from you. These are unfortunately old issues that have never been fixed and bond investors from insurance companies to mutual funds and even banks have made do with a fractured and opaque corporate bond market. That is at the …

What caused a rout in financial sector stocks
6 years, 3 months ago

What caused a rout in financial sector stocks

Live Mint  

The worst liquidity crunch in India’s banking system in more than two years is adding to refinancing risks for shadow banks shaken by a rare default in the country’s money markets. That’s making for a double whammy, as central bank steps to prop up a weakening rupee have sopped up liquidity and as recent corporate tax payments had already left …

How IL&FS default could impact Indian stock markets
6 years, 3 months ago

How IL&FS default could impact Indian stock markets

Live Mint  

Mumbai: The turmoil in India’s non-bank finance companies is deepening, with a troubled lender disclosing further missed debt payments late on Friday and panic seeping into what has been Asia’s best-performing stock market. “This has been done across issuers over last few days.” IL&FS missed interest payments again on Friday, it said in a filing to the stock exchange, causing …

Friday mayhem exposes chinks in non-banking financial firms’ armour
6 years, 3 months ago

Friday mayhem exposes chinks in non-banking financial firms’ armour

Live Mint  

Blame it on their funding model. Relying on the wholesale market for funds, non-banking financial companies are easily susceptible to liquidity disruptions in the money markets. A 17 September report by India Ratings & Research pointed out, “Liquidity Shocks could result in Refinancing Challenges: While most of the NBFCs have opted for matching assets to liabilities, some of the large …

Frenzied activity in the Indian M&A market: Vultures are gathering to oust defaulting promoters from their perch
6 years, 4 months ago

Frenzied activity in the Indian M&A market: Vultures are gathering to oust defaulting promoters from their perch

Firstpost  

The last round of M&A frenzy was in a pre-Insolvency and Bankruptcy Code 2016 milieu, involving friendly and hostile takeovers often at the risk of inviting winner’s curse which is inevitable when the acquirer overpays in his keenness to acquire, come what may. Vultures, both Indian and foreign, are gathering and hovering over the IBC resolution process, smelling opportunities to …

Sebi pushes firms to bond market to deal with bad loan issue
6 years, 5 months ago

Sebi pushes firms to bond market to deal with bad loan issue

Live Mint  

The Securities and Exchange Board of India is keen to mandate companies that have more than ₹ 100 crore as long-term borrowings compulsorily raise at least 25% of their funding needs by selling bonds. Sebi has joined the Reserve Bank of India in nudging corporates towards the bond market through its latest draft paper. The efficient risk pricing in bonds …

Credit Suisse Wealth maintains cautious stance on Indian markets
6 years, 6 months ago

Credit Suisse Wealth maintains cautious stance on Indian markets

Live Mint  

Mumbai: Credit Suisse Wealth Management’s India arm is maintaining its cautious stance on Indian markets citing further escalation of trade tensions, already high crude oil prices and depreciating rupee, coupled with its impact on inflation. “Globally, the macro picture is still looking reasonably good but the Credit Suisse equity market global sentiment index is in a panic zone,” Jitendra Gohil, …

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