Page 25 - Indian Markets
3 markets in 3 cities, 3 online markets figure in Notorious Markets List
Three Indian markets in three cities, including one in New Delhi, and three online markets have figured in the annual notorious market list of the US Trade Representatives released Tuesday, in which China continues on the number one spot. The 2023 Notorious Markets List identifies 39 online markets and 33 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy. The three Indian markets are: Heera Panna in Mumbai, Tank Road in Karol Bagh in New Delhi and Sadar Patrappa Road Market in Bengaluru. Among the online Indian markets that figure in the list are IndiaMart, Vegamovies, and WHMCS Smarters. The trade in counterfeit and pirated goods harms workers, consumers, and small businesses, and ultimately hurts the US economy, said US Trade Representative Katherine Tai. This year's Notorious Markets List is significant because it underscores the potential dangers of counterfeit goods and why robust enforcement to combat trade
 "3 markets in 3 cities, 3 online markets figure in Notorious Markets List")
Rs 50 trillion mutual fund AUM tip of the iceberg, say industry leaders
Industry will reach Rs 100 trillion by 2030, said top executives at Business Standard BFSI Insight Summit 2023
 "Rs 50 trillion mutual fund AUM tip of the iceberg, say industry leaders")
Global factors, not 2024 Lok Sabha elections, worry fund managers
High interest rates and expectations of domestic investors are top concerns, they said at Business Standard BFSI Insight Summit 2023
 "Global factors, not 2024 Lok Sabha elections, worry fund managers")
Valuation to risks: What's in store for mutual fund investors in 2024?
Global interest rate trajectory and its impact will determine the direction of equities
 "Valuation to risks: What's in store for mutual fund investors in 2024?")
Statsguru: How India fares in stock mkt metrics after overtaking Hong Kong
Investors were willing to buy Hong Kong-listed shares at 21 times their earnings in March 2019. This price-to-earnings ratio fell to under 15 by the end of 2023
 "Statsguru: How India fares in stock mkt metrics after overtaking Hong Kong")
Street signs: P-notes surge, grey market frenzy, and Zee exposure trim
Shares of BLS E-Services, an e-governance services enabler, are in high demand in the grey market ahead of its Rs 311 crore initial public offering (IPO)
 "Street signs: P-notes surge, grey market frenzy, and Zee exposure trim")
Investors can lock into current high yields with target maturity funds
The medium- to high-maturity variety of these funds can also offer capital gains if interest rates fall
 "Investors can lock into current high yields with target maturity funds")
MF investors pulled out record Rs 11K crore from SIPs in Dec 2023
Intensified redemption pressure came amid profit-taking by investors after a sharp market rally
 "MF investors pulled out record Rs 11K crore from SIPs in Dec 2023")
BFSI weighting in Nifty50 hits 7-year low as HDFC Bank stock slips
The 2019 calendar year was the high point for the BFSI sector, when its weighting in the index had risen to a record high of 40.6 per cent at the end of December
 "BFSI weighting in Nifty50 hits 7-year low as HDFC Bank stock slips")
Sebi mulling exemptions in AIF norms, may allow pledging of infra assets
Sebi has been consulting with the Reserve Bank of India (RBI) too, he added, to discuss the potential 'financial stability ramifications'
 "Sebi mulling exemptions in AIF norms, may allow pledging of infra assets")
Counter high valuations, volatility by investing in hybrid mutual funds
Diversifying investments through multi-asset funds can be another smart investment move
 "Counter high valuations, volatility by investing in hybrid mutual funds")
Floating-rate funds: Market experts call for wait-and-watch approach
Investors should take the change of stance as a cue to exit
Fund houses on Sebi's radar for sops to mutual fund distributors
Amfi writes to AMCs for second time in 10 months, asks them to withdraw such programmes
 "Fund houses on Sebi's radar for sops to mutual fund distributors")
Valuations stretched and time or price correction likely, says Ajay Tyagi
Tyagi says private banks, consumer services and consumer discretionary look attractive even as the market has turned expensive across most of the segments
 "Valuations stretched and time or price correction likely, says Ajay Tyagi")
Delivery-based trades on the NSE decline due to valuation concerns
Experts said most investors are looking to cash in on intra-day opportunities in counters that are witnessing buying momentum
 "Delivery-based trades on the NSE decline due to valuation concerns")
Street signs: Wipro's place in Sensex at risk, paradigm shift for brokers
IT firm Wipro's place in the 30-share Sensex is at risk unless the stock sees a sharp up move between now and April-end
 "Street signs: Wipro's place in Sensex at risk, paradigm shift for brokers")
Set objective rules for equity market re-entry
Before selling, outline a clear, objective reinvestment strategy. Set specific triggers for buying back, such as a particular market level or a 5-10% correction
Rupee gains 11 paise against the US dollar amid strong FPI inflows
The local currency strengthened for the eighth consecutive trading session on Friday; it touched an intraday high of 82.86 per dollar before settling at 82.92, compared to 83.03 on Thursday
 "Rupee gains 11 paise against the US dollar amid strong FPI inflows")
On a high note: Bank deposits double in a little over 7 years, shows data
Two crucial events which helped to scale up deposits base were demonetisation of Rs 500 and Rs 1,000 notes in 2016, and return of Rs 2,000 notes in the banks in 2023
India exchange-traded fund debuts on Abu Dhabi Securities Exchange
S&P India Shariah Liquid 35/20 Capped Index has rallied nearly 20 per cent in the past one year in AED terms
 "India exchange-traded fund debuts on Abu Dhabi Securities Exchange")
