Cycling Financial News

Market expert and Quant Mutual Fund’s CIO Sandeep Tandon advised investors to stay mentally resilient as markets undergo a correction, emphasizing that market cycles demand patience and perspective ash e acknowledged that after four years of extraordinary returns from 2020 to 2024, investor expectations had soared, making the current 15-20% correction feel more painful than usual. However, he reassured that such pullbacks are a natural part of both structural and cyclical bull runs and that the market is showing signs of bottoming out.

investors need a strategic and adaptable approach to mutual fund investments. In an interaction with ETNow, Sandeep Tandon of Quant MF emphasized the importance of flexibility and diversification, particularly in a risk-off market phase where rapid shifts in sentiment can make portfolio management challenging. Rather than chasing high-risk thematic funds, he advocates for flexi-cap and multi-asset funds, which allow professional money managers to navigate market volatility more effectively.

Subscribe to enjoy similar stories. NEW DELHI : As India ramps up efforts to expand its nuclear power capacity, Belgium-headquartered engineering firm John Cockerill is positioning itself to supply key services and equipment for upcoming projects, chief executive Francois Michel said in an interview. The company, which has deep roots in the nuclear sector, is also looking to establish cooling towers for these plants through its subsidiary, John Cockerill Hamon.

«What we are looking at, when we said in July 2024, the complacency was high, we were at extreme inflection. Maybe September, October when India liquidity peaked out, that was the extreme inflection end,» says Sandeep Tandon, CIO, Quant MF. So, let us come back to India since you said that the time has come to nibble in right now. Purely at an index level and since you do track technicals as well, we have hit the lowest RSI since March 2020 already, we are at an eight-month low. What is the screen telling you? Do you think we are at the end of the pain at an index level per se? Sandeep Tandon: To be candid with you, I am not a great chartist or technical technician in that sense. I am a good observer and we are predominantly a behaviour house. So, we look at more from an inflection point rather than say looking at the breakout or breakdown because that may not give you a correct perspective or we may not have that ability to read up to that extent.

Jefferies, JPMorgan, and Morgan Stanley have shared their views on Varun Beverages, M&M Financial Services, and Polycab India, respectively, maintaining positive ratings and raising target prices.

market sentiment divided on the future of India's real estate sector, analysts are offering contrasting views. While market strategist Christopher Wood remains bullish, asserting that the real estate cycle is far from over, market expert Neeraj Dewan takes a more measured stance, pointing out signs of consolidation amid a slowdown in investments. In an interaction with ETNow, Dewan highlighted that real estate and stock markets tend to move in tandem, and the recent correction in equities has also affected real estate investments.

Subscribe to enjoy similar stories. When evaluating mutual funds, most investors focus on returns, but there’s more to a scheme than just performance numbers. A closer look at key quantitative measures can reveal how a fund is managed, the level of risk it takes, and its consistency across market cycles.

Subscribe to enjoy similar stories. Come March and India’s urban residents develop a feverish feeling arising from the anticipated onslaught of summer heat. As monsoon rains near, that feeling transitions to a sense of foreboding over the risk of flooded roads, stranded cars and man-eating manholes.

Kenneth Andrade, the ace investor known for his high-conviction calls, looks for businesses early into a business cycle as part of his investment philosophy. The chief investment officer of Old Bridge Capital Asset Management observed that India's market capitalisation to GDP ratio is 130%, which still indicates overvaluation. However, he still sees pockets of opportunity in the market. Andrade shared his market outlook recently during a presentation on his fund's position and where he sees investment opportunities.

Unifi Mutual Fund launches Unifi Dynamic Asset Allocation Fund, a fund that aspires to deliver meaningful returns that beat inflation across economic cycles. The new fund offer or NFO of the scheme is open for subscription and will close on March 7. The scheme will reopen for continuous sale and repurchase on March 21. Also Read | Sensex down over 12,700 points from peak. What strategy should mutual fund investors follow?

CLSA has upgraded its ratings on Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) to ‘High Perform’ from ‘Outperform’, citing robust loan growth, strong return on equity (ROE), and attractive dividend yields. The brokerage firm has also set a target price of Rs 525 for both REC and PFC, adjusting from their previous targets of Rs 590 and Rs 540, respectively.

Subscribe to enjoy similar stories. In a widely anticipated move to balance the objectives of growth and inflation, the Reserve Bank of India (RBI) reduced its repo rate by 25 basis points (bps) to 6.25% at the 7 February meeting of its Monetary Policy Committee (MPC), which voted unanimously for this cut. This reflects a proactive but calibrated approach to support an economic recovery, while staying focused on gradually aligning Consumer Price Index inflation with its mandated target of 4%.

ballot papers does not fall under the ambit of the joint committee of Parliament examining the two bills on simultaneous polls to the Lok Sabha and state legislative assemblies, the Union law ministry is learnt to have said. Reverting to the ballot paper system was a «suggestion» made by some of the members of the joint committee and the law ministry was to respond to it in writing. While the ministry's Legislative Department gave elaborate responses to a variety of questions posed to it by the committee, it did not give a direct reply on the suggestion on the ballot paper system. The ministry is learnt to have said that the suggestion on the use of the ballot paper system was «out of scope» of the parliamentary panel.

The viral clip, which has already amassed over three million views, features a poignant message: “Sometimes the things we take for granted are the very dreams of others.” This simple yet powerful sentiment has struck a chord with many viewers. While journeying down a quiet rural road flanked by lush fields, photographer Akash Upadhyay spotted an elderly couple riding their cycle cart. Captivated by their humble presence, he approached them and offered to take their pictures. The couple, radiating joy, eagerly accepted his invitation, their faces lighting up with smiles that conveyed pure happiness.

Prashant Kishor has urged Bihar voters to completely reject Chief Minister Nitish Kumar’s party, JD(U), in the upcoming assembly elections. Speaking in Patna, he accused Kumar of holding onto power through constant political realignments, labelling him «physically tired and mentally retired.»

Christy Mathai of Quantum MF, in a discussion on ET Now, outlined his views on which sectors appear vulnerable to further correction and which ones present attractive opportunities at current valuations.

Subscribe to enjoy similar stories. The business environment is set to turn favourable for non-banking financial companies (NBFCs), thanks to two recent developments. On 25 February, the Reserve Bank of India (RBI) eased risk-weight norms for bank lending to NBFCs, reducing it from 125% to 100%, effective 1 April.

Subscribe to enjoy similar stories. Sixty-two crore and counting! The staggering footfall at the Maha Kumbh surpasses the population of several nations, highlighting the unstoppable rise of religious tourism. Social media has been a game-changer, making trip planning seamless, while mobile phones and high-speed internet have made navigating destinations easier than ever.

UNILAD, according to GP Dr. Masarat Jilani, drinking coffee first thing in the morning could do more harm than good in the long run.

National Bank of Canada topped analysts’ first-quarter expectations on Wednesday after posting higher revenue growth in all business segments.

Subscribe to enjoy similar stories. Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.