Markets Archives - Page 8 of 13

Nifty Next 50 - what should you do with your investments?

Mutual funds & ETFs

Nifty Next 50 – what should you do with your investments?

The Nifty Next 50 houses the 50 top companies by market capitalisation, after the Nifty 50. This index caught the limelight over the past month for featuring a handful of the Adani group stocks.

As we had pointed out a couple of weeks ago in our write-up on Adani stocks and index funds, the presence of a few shaky stocks in an index is not reason enough to exit it. But even before the Adani-fuelled upheaval, the Nifty Next 50’s once-outstanding performance was being eroded.

PrimeInvestor Research Team March 7, 2023 33 Comments

Governance - 8 checks to assess management quality

Stocks

Governance: 8 checks to assess management quality

The Adani saga (still continuing, I guess) brings forth the issue of governance, management quality, and other qualitative factors that many investors consider as essential check boxes. During the time I spent in CRISIL, ‘management quality’ would set a cap on ratings. But what is ‘management quality’?

R Balakrishnan February 14, 2023 1 Comment

Technical outlook: Outlook now for the Nifty 50

Markets

Technical outlook: Outlook now for the Nifty 50

In this post, we shall discuss a brief short-term technical outlook for the Nifty 50 index and some interesting statistics which will be a follow-through to what we discussed in the previous post. Let us get started with the short-term technical outlook.

B Krishnakumar February 12, 2023 13 Comments

Budget 2023 - Impact on your investments & the market

Taxes

Budget 2023 – Impact on your investments & the market

In this final budget before the elections, there is little by way of big-bang announcements. There are, however, several announcements in the Budget 2023 that do bear implications. There are two aspects to the Budget impact – on one side, there are the provisions that impact your investments and taxes specifically. On the other, there are proposals that have a bearing on prospects for different sectors. Therefore, we’ve broken down our Budget 2023 analysis along these lines.

PrimeInvestor Research Team February 2, 2023 23 Comments

Stocks

Prime Stocks: An ER and R&D services company focusing on high-growth opportunities

This leader in engineering and R&D services is differentiated from other large IT players and is focused on high growth opportunities.

N V Chandrachoodamani January 20, 2023 No Comments

Markets

Prime Equity Outlook 2023

In our Prime Equity outlook in 2022 we said “We would expect any correction triggered by global rates to take the Nifty 50 down to the 12,500 to 15,000 range. In this range, investors should deploy cash and swoop in on buying opportunities rather than develop cold feet!”.
The equity market world over did see a correction in 2022 along these lines and as geo-political factors took hold. Indian markets too, experienced a rout in the first half of the year hitting close to our predicted range at 15,200 by mid-June.
Even so, India did a lot better than its emerging market peers. The Nifty 50 closed the year on a positive note, with a modest 4% return. Simply buying the Nifty 50 would have delivered a good 18% from June until December 2022. Our own stock picks delivered well in 2022, too.
But with global recession on the cards, still high Nifty 50 and a hostile rate scenario, can 2023 be better than 2022? For Indian markets, there are some key trends that we think can play out. We look at where the Nifty 50 could be headed, and where opportunities lie.

N V Chandrachoodamani January 15, 2023 4 Comments

A new approach to gauge market mood - The Nifty VMI tool

Markets

A new approach to gauge market mood – The Nifty VMI tool

“Is this a good time to invest in the market?” This is a question that many of you ask us when you want to deploy additional money. Gauging market mood is never easy and this is often done mostly by short-term traders. When investing for the long term, we typically tell you that it is best to invest in phases and avoid trying to time the market. Investing in phases (or call it SIP) and holding for the long term can help contain downsides and it is a proven strategy.

Vidya Bala January 12, 2023 28 Comments

Technical outlook – where the Nifty 50 could be headed in 2023

Markets

Technical outlook – where the Nifty 50 could be headed in 2023

In the previous update on the targets for the Nifty 50, the expectation was that the index could head to the next target at 19,100. Contrary to expectations, the index has been in a correction phase in the past few weeks. In today’s report, thus, we try to assess both the short-term and the medium-term outlook for the Nifty 50 index.

B Krishnakumar January 10, 2023 5 Comments

Prime Debt outlook 2023: Handling a rate pause

Bonds & Deposits

Prime Debt outlook 2023: Handling a rate pause

After bungee jumping off a cliff, it is good to wait for the adrenaline rush to wear off. Indian bond markets are in exactly this situation now. After falling sharply as rates rose, bond prices are pausing to take a breath. In our debt outlook last year we expected rates to continue their upward climb and recommended strategies to play this. During the course of 2023, we think interest rates could top out and stabilise. We tell you what this will mean for your debt portfolio.

Aarati Krishnan January 8, 2023 20 Comments

Technical outlook: Can the new Nifty 50 targets be extended?

Stocks

Technical outlook: Can the new Nifty 50 targets be extended?

It’s been interesting times for the Nifty 50 in the past month! As we observed in the previous update, the Nifty 50 index remained bullish and managed to reach the first target of 18,640-18,700 zone that we had set. The index appears on course to reach even the second target of 19,100 mentioned in the outlook last month.

B Krishnakumar December 13, 2022 2 Comments

Stocks

IPO Review: Should you take a sip of the Sula Vineyards IPO?

Sula Vineyards is launching an IPO worth Rs 960 crore, consisting solely of an offer for sale by investors including a 1% stake sale by the promoter. The offer for sale will result in approximately 32% of equity being sold by the selling shareholders with the promoter stake at ~28% post-issue. The issue opens on December 12 and closes on December 14. Shares are being offered at a price band of Rs.340-Rs.357 per share of face value Rs 2. This being an offer for sale, the company will not receive any funds from the issue.

N V Chandrachoodamani December 11, 2022 4 Comments

Stocks

Are you looking for the next HDFC Bank?

There is no dearth of stock market stories about the next HDFC bank or the next Page Industries or the next Dixon Technologies. In the recent IPO boom, this comparison went to the next level – comparing Indian companies with global giants.

But this kind of chasing the next big multi bagger, has seldom yielded rich dividends for investors.

N V Chandrachoodamani December 4, 2022 4 Comments

PrimeInvestor - Articles and Reports

Nifty Next 50 – what should you do with your investments?

Governance: 8 checks to assess management quality

Technical outlook: Outlook now for the Nifty 50

Budget 2023 – Impact on your investments & the market

Prime Stocks: An ER and R&D services company focusing on high-growth opportunities

Prime Equity Outlook 2023

A new approach to gauge market mood – The Nifty VMI tool

Technical outlook – where the Nifty 50 could be headed in 2023

Prime Debt outlook 2023: Handling a rate pause

Technical outlook: Can the new Nifty 50 targets be extended?

IPO Review: Should you take a sip of the Sula Vineyards IPO?

Are you looking for the next HDFC Bank?

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