Track Financial News

While the recent stress tests by asset management companies on midcap and smallcap funds doesn’t necessarily spell a “doom and gloom” situation for the entire segment, it necessitates a relook at the allocation and diversification by investors, says Sonam Srivastava, smallcase manager & Founder of Wright Research. Srivastava believes that any potential correction in this segment could offer a chance to buy well-positioned companies at a discount. “While near-term volatility remains a possibility, the long-term outlook for smallcaps appears promising. The valuation levels for some smallcaps do warrant caution and the volatility before elections was expected,” she said in an interview with ETMarkets. Edited excerpts: What’s the fate of mid- and smallcap stocks after the recent stress test results released by AMCs? Sonam Srivastava: The recent stress test results by AMCs spotlight potential vulnerabilities within specific mid- and smallcap companies. This doesn't necessarily spell doom and gloom for the entire segment, but it does necessitate a relook at our allocation and diversification.

«On a bottom-up basis, we run screeners based on operating cash flows, balance sheet strengths and latent capacity in companies,” says Aniruddha Naha, CIO, Alternatives, PGIM India AMC. In an interview with ETMarkets, Naha who has over 22 years of industry experience in the equity and debt market and manages Rs 225 cr in AUM, said: “The philosophy is to buy good businesses with a consistent track record of cash flow and balance sheet at reasonable valuation,” Edited excerpts: Please take us through your investment philosophy. Aniruddha Naha: Our philosophy stems from clearly defining 'what we will not do' in the investment process.

It’s with great pride and pleasure thatInvestmentNews presents its first-ever list of 5-Star Fund Providers.

Hiring woes may be easing for small businesses

With meme coins like Shiba, SLERF and BEFE revolutionising the crypto market and making some sensational returns, people worldwide are looking to maximise their gains with meme coins. While the crypto market was initially known as Bitcoin or Ethereum, the market’s trajectory has changed, with people raving more about meme coins like SLERF, Shiba Inu or BEFE. 

index funds. There are multiple benefits to incorporating index funds into your investment approach. Here are some of the primary advantages: Diversification: Index funds provide immediate diversification by tracking a specific market index, which reduces risk compared to selecting individual stocks.

(Reuters) — European shares opened marginally lower on Tuesday, pulled down by miners and as investors gauged mixed messages from U.S. Federal Reserve policymakers that clouded the outlook for easing monetary policy conditions.

For the student (applicant): For the co-applicant/guarantor (if applicable): The maximum amount you can obtain for a personal loan varies and isn't determined by a single factor. Lenders assess your ability to repay the loan based on various criteria.

₹23 lakh for building his new house, according to a report published by NDTV. Ibad's family started looking for their son in the neighborhood when he did not return home after evening prayers. While searching under the stressful situation, the boy's father received a call demanding ransom in exchange for Ibad.

SRM Contractors IPO: The initial public offering (IPO) of SRM Contractors Limited has hit the Indian primary market today. The public issue will remain open till 28th March 2024. The construction company has fixed SRM Contractors IPO price band at ₹200 to ₹210 per equity share.

It started out as a fun night out but took a turn in the wrong direction.

Investing.com-- Most Asian stocks moved in a tight range on Tuesday, tracking a middling overnight session on Wall Street as anticipation of more key economic readings this week kept sentiment on edge. 

By Colleen Howe

Indian Space Research Organisation (ISRO) on Monday announced that its PSLV Orbital Experimental Module-3 (POEM-3) re-entered the Earth's atmosphere without leaving any debris in orbit. The ISRO has termed it “another milestone". "The PSLV-C58/XPoSat mission has practically left zero debris in orbit," the space agency said.

Boeing CEO Dave Calhoun, other senior executives to step down after series of high-profile safety incidents CEO Dave Calhoun wrote a personal message to the employees. Team, As you all know, the Alaska Airlines Flight 1282 accident was a watershed moment for Boeing. We must continue to respond to this accident with humility and complete transparency.

WASHINGTON : The US Federal Reserve looks on track to cut interest rates as the presidential campaign season heats up, potentially delivering President Joe Biden a boost as polls show Americans dislike his handling of the economy. The Fed could play an outsized - and potentially uncomfortable - election-year role by helping shape attitudes about stubbornly high inflation and mounting housing costs that have been a drag on Biden's reelection efforts.

In today’s complex investment landscape, index fund investing has surged in popularity as a simple and cost-effective method for accumulating long-term wealth. This article delves into the basics of index fund investing, tracing its evolution both globally and in India, while also shedding light on essential considerations before incorporating it into investment portfolios.

Like many retail investors, entrepreneur Ankur Warikoo also started his investing journey with penny stocks. As beginner's luck worked in his favour, he got addicted but the ending wasn't a happy one. Left with a bad taste in his mouth, the social media influencer has stopped investing in stocks directly since then. «I do not invest in individual stocks because I am not an expert, nor have the time to track their performance. I am a passive investor and invest only through portfolio assets such as (index) mutual funds, smallcases and PMS,» he says. The best-selling author of 'Do Epic Shit', Warikoo's new book 'Make Epic Money' decodes personal finance in a jargon-free language that GenZ and millennial readers can easily relate to. The book is published by Penguin. Edited excerpts from a chat with Ankur Warikoo where he talks about his own asset allocation strategy, the mistakes he made and when is the best time to buy a house: You have kept simplicity at the centre of your book. Why do you think personal finance has become so complex? Ankur Warikoo: Because often the book is written to impress the reader, as against informing the reader.

Taiwan Ministry of National Defence (MND) said that it detected seven Chinese naval vessels and five Chinese military aircraft operating around the nation from 6 am (local time) on Sunday to 6 am (local time) on Monday, Taiwan News reported. According to Taiwan's MND, one of the PLA aircraft entered Taiwan's Southwest Air Defense Identification Zone (ADIZ). Taiwan's armed forces have monitored the situation and deployed appropriate forces to respond. On March 24, Taiwan's defence ministry seems to have witnessed an increase in Chinese military presence around the nation with the MND detecting eight Chinese naval vessels and six Chinese military aircraft operating around the nation from 6 am (local time) on March 23 to 6 am (local time), as per Taiwan News.

Louisiana crawfish are in demand despite a shortage of the mudbugs driven by last summer’s drought, extreme heat, saltwater intrusion on the Mississippi River and a hard winter freeze

Estonia's defense officials say the U.S. Congress has passed a bill that involves a total of $228 million in military and defense aid to Estonia, Latvia and Lithuania this year under the Baltic Security Initiative