Domestic stocks plunged in line with Asian shares which fell up to 5 per cent on Thursday.
Domestic stocks plunged in line with Asian shares which fell up to 5 per cent on Thursday.
"I have never sat on cash in my entire investing career of 30-plus years."
A decline of up to 20 percent in one day is possible today, but it would likely be a more orderly process.
Let’s have a look at the factors that would potentially move markets all through Monday.
Ever since the $5 trillion goal was announced last week, it has set off a healthy debate with Modi calling his critics “professional pessimists”.
The KSE100 index tanked 700 points to 45,190 within minutes of the court verdict.
We looked at the annual returns of equity mutual funds since 1999.
The Nikkei stock index is down 21% from its recent peak in June last year, and is down 57% from its all-time peak in 1989.
It began the year at around $66, reached $80 by May, touched the four-year peak of $86 on October 3, and tumbled below $54 last week.
Fund flows are likely to resume once the global risk-off sentiment were to subside.
The Sensex hit a 52-week low last week. Find out if this is a short-term market correction or the beginning of a bear phase.
China's economy is going through a rough patch, and fears things could get worse have been exacerbated by the recent crash of the country's market.
According to Credit Suisse, the stock market crash is becoming an issue for the country's growth, and as a result.
The police probing the stock market crash that wiped about $ 3.2 trillion of capital out of the market today claimed to have found clues.
Here are top five reasons why the Chinese stock market made a smart recovery towards the close of today's trade.
The crash has been a bitter pill for the real economy, and will be a huge comedown for policymakers.
Signs of vitality can also signal, however paradoxically, that the economic party may be coming to a close. One such measure of health is the level of merger and acquisition activity, which actually tends to peak just before the economy tips into a recession.
Nine of the 29 NBER credit events had banking crises.
With Dhanteras approaching, traders’ predictions range from flat to as much as 10-20 per cent growth in jewellery sales .
“The stock market goes up, the stock market goes down,” Mulvaney said.
Xu and several other executives of Zexi were arrested on charges including insider trading and stock market manipulation, the Post quoted official media as reporting.
There are 100 or so Octobers to consider,too small a number to draw hard conclusions
Applied to data between 2004 and 2012, the method shows that increases in searches for business and politics preceded falls in the stock market.
The Shanghai Composite Index has fallen 27 per cent in less than a month - a huge drop compared to the 117 per cent gain over the last eight months.
US gold futures were up 0.1 per cent at $1,233.70 an ounce.
Market regulator SEBI is also looking at aligning various routes for making foreign investments into a single route.
One area in which Trump has maintained relatively decent approval ratings: the economy.
US gold futures were up 0.2 per cent at $1,225.60 an ounce.
With the Sensex witnessing its worst fall in two-and- a-half months, the total market capitalisation of BSE listed firms declined by Rs 1.65 lakh crore
Since the panic is over, the govt should speedily reverse its earlier oil price controls and restore the old excise duty
A Sun spokesperson also added that some of the information presented is more than 10-15 years old.
Its EM index has funds with assets under management in excess of $1.6 trillion benchmarked to it.
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
According to lore, a surge in inflation would lift interest rates, causing bond prices to decline and thereby wrecking bond portfolios.
There are more stories on corruption in sports, more column inches spent on the magnitude of television rights deals
Continuing its downward spiral, the BSE Sensex today tanked by 340 points at the close of the trade.
When the MACD crosses above the signal line, it gives a bullish signal on the charts.
Volatility index India VIX eased 5.30 per cent on Tuesday to 16.5025.
The Shanghai Composite Index slumped 3.4 per cent to 3,370.65 points.
"The only problem our economy has is the Fed. They don't have a feel for the market," Trump said on Twitter.
Investing is a test of patience and perseverance, he reels off more such must-haves.
"We never spent a single marketing dollar until 2014 when Sequoia Capital invested in us. That was the first time we started spending on marketing."
We will help bring to your notice some truly interesting articles/blogs/videos in the realm of personal finance from across the globe.
As investors assess their battered portfolios, there is a sense of shock and helplessness.
In 1930, 12 million people were out of work, every day 12,000 people lost their jobs, 20,000 companies went bankrupt and around 23,000 people committed suicide.
There’s never a bad time to have a lot of money, except maybe for the last few weeks.
BJP leader and founder of Investor’s Forum, Kirit Somaiya, has demanded a comprehensive probe into the stock market crash, role of the regulators and the finance ministry.
Observing that India has missed the tag of fastest growing economy by 0.1 per cent, Jaitley said, that as per the IMF, India will again become the fastest growing economy.
During the day’s trading, the rupee dipped as low as 64.40 as the local stock market tanked, mirroring global weakness.
Exchange rates are becoming a weapon of choice, leading to "currency wars". China, for instance, has benefited greatly from an undervalued yuan.
Commodities trader Ivan Glasenberg, head of Glencore International also suffered reverses. He lost £788 million as his share price fell sharply by 13.2%.
He said in an interview that he believes gold prices will rally further.
Instead of panicking, Indian investors are taking advantage of the market dip and investing in stocks and funds.
Reliance, HDFC twins, SBI, YES Bank and Axis Bank were the top contributors in Sensex's decline.
The assets under management (AUM) of this category have risen sharply in the past one year.
Mobius is set to step down in less than a week but this won’t be the last of him as an investor.
The list includes Bharatiya Global Infomedia, which has soared 211% till date. Shares of the company jumped from Rs 5.06 on Nov 21 to Rs 15.76 on Jan 17.
After accepting job offer in 1987, Mobius headed one of the first emerging-market equity fund.
Nilesh Shah, Managing Director of Kotak Mutual Fund, said Indian households had more money in cash than in equity market (excluding promoters).
Offshore-traded Chinese companies already comprise a large chunk of MSCI Emerging Markets Index.
Portfolio insurance is an investment hedging strategy that can help you avoid losses—or cut them—if the market falls.
Deutsche Bank Analyst Jim Reid, who puts out a daily note on the markets for clients, is having a tough time coming to terms with the lack of movement.
The reason was the stock market crash known as "Black Monday" on October 19, 1987.
Unfortunately, in the market crash the country has been experiencing since June 12, consumers are getting absolutely crushed.
In the real world, people who trade based on fundamentals don’t have infinite resources.
Apple's $ 280 billion dollar m-cap loss recently is the world’s third largest for private companies. ET takes a look at blue chips.
In an interview with Real Vision TV, Felder expresses his concern that the lack of volatility will inevitably create more volatility, the likes of which have never been seen before.
Some 24 mn small investors in China or nearly one-third of the investors in the country's stock market fled the turbulent market after the recent crash that wiped about $3.2 trillion of capital, a government agency said.
The situation is tricky as the rupee has slid by over 15% this year, but gold prices have also fluctuated.
ET takes a look at blue chips in India and around the world that have been badly bruised by the markets.
That’s what happening in China now, according to Chanos. Banks are financing uneconomic projects and/or losses with debt carried on China’s bank balance sheets.
The report pointed out that around 82,000 HNI’s, defined as those who have assets over $1 million, left their home countries last year, versus 64,000 in 2015.
China's securities regulator today said it will punish those involved in 12 cases of market manipulation, with fines totalling $315 million.
Earnings may take a while to recover but analysts believe further corrections may spell buying opportunity, reports ET.
Why India is inflation prone? It has got a lot to do with infrastructure.
The 12-month removal rule would be limited to Chinese companies.
Constant learning made him one of the greatest cricketer of our times. In finance, learning can also translate into earning.
The Aam Aadmi Party today said if the Union Finance Minister was unable to contain the currency downslide, he should relinquish the post.
Domestic mutual funds went on a buying spree during the period to take advantage of the lower valuations, experts said.
The VIX averaged 23 per cent and realised volatility averaged 21 per cent.
As all of China watches in horror at the country's stock market plunges day after day there's only one idea keeping people invested.
Post-Glass-Steagall, the floodgates were opened for big ticket mergers like the one between J.P. Morgan and Chase Manhattan in 2000.
The investment by mutual funds comes at a time, when the stock market crashed due to sharp slump in crude oil prices and concerns over slowdown in China.
With rupee coming under severe pressure, RBI is seen intervening in the forex market by releasing dollars from reserves to sweeten the fall, forex dealers said.
Investors should take the opportunity and start purchasing shares for long-term portfolio while traders can initiate long positions with proper stop losses.
A falling stock market improves dividend yield, which is calculated as annual dividend divided by the current stock price.
The GDP slowdown in Q1 of this year had some economists fearing that a recession was near. But recent strong economic data has calmed those fears
An online survey by ET Wealth shows that only 12% of investors in India have financial advisers. You too may be missing out on the right kind of guidance.
Data compiled by WGC shows that in 2015 China was the world's largest consumer of gold, accounting for 29% of the global demand.
China has set its growth target for 2016 in the range of 6.5-7 per cent, while that for years leading to 2020 is above 6.5 per cent.
Buoyed by strong inflows in equities, the asset base of country's mutual fund industry surged 7 per cent to an all-time high of Rs 13.16 lakh crore.
Chinese Premier Li Keqiang said that the world's second-largest economy has the confidence to handle the complex economic situation at home and abroad.
Without slaying the corruption and sleaze inherent in Indian business today, we cannot hope for a clean financial system that aids all round growth.
The devaluation of the Chinese yuan currency may have a transient impact on India, Finance Minister Arun Jaitley said on Monday.
The devaluation of Chinese currency yuan will have an adverse impact on India's textiles exports and clothing, which is facing sluggish growth.
SBI chief Arundhati Bhattacharya today said Chinese currency Yuan devaluation is a challenge and expressed hope that India has potential to overcome this challenge.
"The devaluation will affect India's exports not only to China but to other countries also with increasing competitiveness of Chinese exports.
In 1999, Bachchan's ABCL approached BIFR to be rated as a sick company. Trump's Entertainment Resorts had filed for bankruptcy 4 times.
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