video
+91 9333100221
samparkonline@yahoo.co.in

Financial Planning

Nowadays Financial Planning has become a buzzword in the financial services industry. Banks, insurance agents, mutual fund distributors, etc use this term a lot. An insurance agent will call himself a financial planner & a big bank may offer financial planning services. But what are they providing under the term financial planning. Most of them just use the term financial planning very superficially & are actually just selling financial products. So an insurance agent will just sell you another Unit linked insurance plan saying that this is offering best returns, giving tax benefits & it is the best financial planning you can get. The question of insurance is usually omitted, ironically.

 

Banks which offer financial planning are actually just selling mutual fund schemes, portfolio management schemes or any new scheme which they can get their hands on. There are some who do give you a written document known as a financial plan but this usually does not give you any insight on your finances but is usually a more polished way of telling you what to buy. The reason for this is that most of them earn good commissions on sales made. The question of good, practical & unbiased advice for consumers is very much absent.

~~~~~~~~~~~~~~~~~~~~~~~~

So what is true financial planning?


A mutual fund advisor, stock broker or portfolio advisor will usually advice you only on your investments, ignoring insurance needs, tax angle & goal-planning. A tax advisor will just show you how to save tax, not realising that just blind tax-saving is not right. An insurance agent goes a step ahead. He will most probably advice you on your retirement needs, investments & tax-planning but he somehow fails to advise you properly on the main reason you came to him, insurance! A financial planner keeping in mind all the above factors i.e. your financial goals, insurance needs, investments, cash flow, etc shows you the full picture of your finances or in other words the elephant!

 

Financial planning is thus, a systematic approach to your personal finances. When you have a target, you tend to work towards it. Thus when you write down your financial goals such as comfortable retirement, childs education or even a dream vacation, you have visualised a target. Then you need to see where you stand. This means seeing your current  financial status i.e. income, expenses, assets & liabilities. These are just like the four legs of a table. The table being in this case, your financial plan. The next step is to bridge these two i.e. where you are & where you want to be. An unbiased approach is of importance here. You may or may not need a product. If you need a product, the best should be advised.

 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

This brings up the question- why sign up for Personalised Financial Planning services with us?

 

1. We offer unbiased financial advice & product recommendations in your financial plan.

 

2. Our plans are made with full integrity & honesty.

 

3. The financial plan made for you is fully customised. This is not a stock plan or basic plan. We will deliver the plan in 21 working days. If it was just a stock plan, we could give it in 1 day.

 

4. Data provided by you is private & confidential. We do not display your data on our site nor do we pass it on to anyone. Even your plan is not uploaded on the site.

 

5. Our Services are fee-based. Financial plans are usually made for a fee, which is right as it shows that the advice given is unbiased. In this fee-based service we personally meet clients & advise them on their personal finance. Its a more of a hands-on approach. As the name suggests we are coaching & educating the client in all aspects of financial planning. This in turn builds a life-long relationship based on mutual trust & respect.

 

6. This will be a yearly service & includes the financial plan, investment advice, product advice, semi-annual review meeting & telephonic support. Most importantly the advice will be un-biased & made with only your financial goals in mind.

 

If you are looking for a financial planner who is really keen on educating you & backing their advice with strong reasoning, look no further! We believe in not giving you a fish, but teaching you how to fish!

 

These are some of the reasons for making a financial plan through us. Ultimately our goal is to show you the right path towards your financial goals as well as educate you on personal finance. We feel an educated customer is a long-term customer. Only with a proper financial plan will you be able to understand what needs to be done to achieve financial nirvana. This is true financial planning!

 

If you would like to sign up for our Personalised Financial Planning service you may write in to us at samparkonline@yahoo.co.in or call us on 091-9333100221.

 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

FREE FINANCIAL PLANNING CLASSES :


It is a initiative started with the aim of educating each individual in dealing their financial life, making aware about mis-selling which may come into your life at any time through any means. Ignorance is route cause for all such bad practices. Hence to protect yourself you need financial literacy which can grow your financial life and protect from bad advises and thus bad investment.

 

FINANCIAL PLANNING :


We provide comprehensive financial planning services which include-

> Analysis of your current financial position

> Emergency Fund analysis

> Protection Planning

> Investment Planning

> Retirement Planning

> Planning for Accumulation goals (kids education etc..)

> Tax Planning

> Estate Planning

> Debt management


Online Services :


We provide each and every client a unique ID with a unique password, through which he can get his entire investment portfolio in a single page, benefit from customized advice and even make transactions, on our website, just a click away! Whats more, you can keep track of your dividends / bonus / rights issues with paperless tracking. So you always know how fast your investment is growing.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The Financial Planning Process :


The financial planning process consists of the following six steps:


1.Establish and define the client-planner relationship.

The financial planner should clearly explain and document the services that he or she will provide to you and define both his/her and your responsibilities during the financial planning engagement. The financial planner should explain fully how he or she will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made.

 

2.Gather client data, including goals.

The financial planner should ask for information about your financial situation. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk. The financial planner should gather all the necessary documents before giving you the advice you need.

 

3.Analyze and evaluate your financial status.

The financial planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.

 

4.Develop and present financial planning recommendations and/or alternatives.

The financial planner should offer financial planning recommendations that address your goals, based on the information you provide. The planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.

 

5.Implement the financial planning recommendations.

You and the financial planner should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as your coach, coordinating the process with you and other professionals such as attorneys, accountants or stockbrokers.

 

6.Monitor the financial planning recommendations.

You and the financial planner should agree on who will monitor your progress towards your goals. If the planner is in charge of the process, he or she should report to you periodically to review your situation and adjust the recommendations, if needed, as your life changes.

The Financial Planning Process

The financial planning process consists of the following six steps:

  1. Establish and define the client-planner relationship.

    The financial planner should clearly explain and document the services that he or she will provide to you and define both his/her and your responsibilities during the financial planning engagement. The financial planner should explain fully how he or she will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made.

  2. Gather client data, including goals.

    The financial planner should ask for information about your financial situation. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk. The financial planner should gather all the necessary documents before giving you the advice you need.

  3. Analyze and evaluate your financial status.

    The financial planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.

  4. Develop and present financial planning recommendations and/or alternatives.

    The financial planner should offer financial planning recommendations that address your goals, based on the information you provide. The planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.

  5. Implement the financial planning recommendations.

    You and the financial planner should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as your coach, coordinating the process with you and other professionals such as attorneys, accountants or stockbrokers.

  6. Monitor the financial planning recommendations.

    You and the financial planner should agree on who will monitor your progress towards your goals. If the planner is in charge of the process, he or she should report to you periodically to review your situation and adjust the recommendations, if needed, as your life changes.

- See more at: http://www.fpsb.org/learnaboutfinancialplanning/financialplanningprocess.html#sthash.fzHeOtN9.dpuf

The Financial Planning Process

The financial planning process consists of the following six steps:

  1. Establish and define the client-planner relationship.

    The financial planner should clearly explain and document the services that he or she will provide to you and define both his/her and your responsibilities during the financial planning engagement. The financial planner should explain fully how he or she will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made.

  2. Gather client data, including goals.

    The financial planner should ask for information about your financial situation. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk. The financial planner should gather all the necessary documents before giving you the advice you need.

  3. Analyze and evaluate your financial status.

    The financial planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.

  4. Develop and present financial planning recommendations and/or alternatives.

    The financial planner should offer financial planning recommendations that address your goals, based on the information you provide. The planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.

  5. Implement the financial planning recommendations.

    You and the financial planner should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as your coach, coordinating the process with you and other professionals such as attorneys, accountants or stockbrokers.

  6. Monitor the financial planning recommendations.

    You and the financial planner should agree on who will monitor your progress towards your goals. If the planner is in charge of the process, he or she should report to you periodically to review your situation and adjust the recommendations, if needed, as your life changes.

- See more at: http://www.fpsb.org/learnaboutfinancialplanning/financialplanningprocess.html#sthash.2tpKOwt6.dpuf

Open Online Mutual Fund Account

Register Here
SIP Calculator
EMI Calculator
SWP Calculator

Request a Call Back

  • MF News
  • Market News
Sebi to ease compliance burden for passive funds

"By easing the compliance burden, Sebi aims to foster the growth of passive investments in the Indian mutual fund industry," Sebi whole-time member Ananta Barua said while speaking at the mutual fund summit organised by industry body Assocham in the national capital.
2023-05-27T08:43:47+05:30

​PPFAS Mutual Funds completes 10 years: Road ahead

​Parag Parikh Flexi Cap Fund completes 10 years of existence next week. The scheme was launched in May 2013. The scheme has offered 18.26% returns since inception.
2023-05-26T13:19:44+05:30

Most equity mutual funds offer double-digit returns in one year. What should be your strategy?

Market experts have been asking investors to tone down their expectations from equity investments. However, if you look at the performance chart, you will be pleasantly surprised that your equity funds offered double-digit returns in one year.
2023-05-26T11:53:31+05:30

Kotak Mutual Fund launches Kotak NIFTY 200 Momentum 30 Index Fund

The performance of the scheme will be benchmarked against the NIFTY 200 Momentum 30 Index (Total Return Index). The scheme will be managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen.
2023-05-25T14:53:43+05:30

India on a better wicket compared to the global market: A Balasubramanian

​But my own belief is as interest rates start coming down the next year and supported by good growth coming in, probably we should see some kind of premium valuation starts coming in, which probably should see it coming in next year.
2023-05-25T11:39:04+05:30

Kotak Nifty PSU Bank ETF, Nippon India ETF Nifty PSU Bank BeES offer over 60% in a year

Kotak Nifty PSU Bank ETF and Nippon India ETF Nifty PSU Bank BeES offered 67.09% and 67.08% returns respectively in a year. NIFTY PSU BANK - TRI, the benchmark for these two schemes, offered 68.19% in the one-year horizon.
2023-05-25T11:04:32+05:30

Next three years are likely to be rewarding for debt fund investors: Pankaj Pathak of Quantum Mutual Fund

A Dynamic Bond Fund or any other debt fund which invests in long-term debt instruments is highly sensitive to interest rate movements. Thus, in a short period of time, returns could be highly volatile and can even be negative. However, over a longer time frame of over 2-3 years period, returns tend to normalise along with the interest rate cycles.
2023-05-25T10:25:01+05:30

Why you need silver in your investment portfolio

From an investment point of view, due to its lower correlation with equities and gold-like behaviour when it comes to robustness during times of economic turmoil, silver becomes a very compelling asset to be included in an investor portfolio.
2023-05-25T09:37:27+05:30

India's earnings proving much more resilient and robust versus other EMs: Manish Gunwani

I think a lot of it has to do to my mind with two or three things. One is your external account situation obviously has gone through a sea change because energy prices are down, service exports have done well. The dollar itself has weakened.
2023-05-24T12:14:35+05:30

‘Larger size does constrain in some ways, it is not as bad as some people fear,’ says Rajeev Thakkar

“The size of Parag Parikh Flexi Cap Fund has surely grown over the last decade. This has prompted some to wonder whether we should close for fresh investments. We are not considering this for now,” Thakkar said.
2023-05-24T11:39:20+05:30

NFO Watch: Eight new mutual fund offers open this week

Three index funds, two thematic funds, a fixed maturity plan, value fund, and an ELSS fund are open for subscription in the market. Should you invest in these new fund offers to maximize the returns from your mutual fund portfolio?
2023-05-24T10:12:59+05:30

HNIs embracing passive funds on under-performance of active funds

In addition to ETF, in the index funds too, HNIs have witnessed an AUM CAGR of 145 per cent over the past four years. Apart from HNIs, retail AUM in ETFs has posted a CAGR of 56 per cent over FY19-23 to Rs 9,700 crore in FY23.
2023-05-24T09:36:27+05:30

How to monitor performance of mutual fund schemes?

While past returns are an important parameter to consider performance, they must not be looked at in isolation. The data that a large cap fund returned 20% in the last one year does not indicate much. It must be compared with its benchmark and other schemes in the large cap space.
2023-05-24T08:34:56+05:30

How is Sebi asking AMCs to use Investor Education Fund? DP Singh explains

I am sure looking at all angles from this thing, from the investor point of view, from the industry point of view, from the intermediary point of view and more than anything else keeping in view the growth of the industry, I think the final whatever will come will be for the benefit of everybody.
2023-05-23T16:00:00+05:30

UTI Mutual Fund launches UTI S&P BSE Housing Index Fund

The performance of the scheme will be benchmarked against S&P BSE Housing TRI. The scheme will be managed by Sharwan Kumar Goyal and Ayush Jain.
2023-05-23T15:31:04+05:30

UTI Mutual Fund launches UTI Nifty50 Equal Weight Index Fund

The performance of the scheme will be benchmarked against NIFTY50 Equal Weight TRI. The scheme will be managed by Sharwan Kumar Goyal and Ayush Jain.
2023-05-23T15:24:47+05:30

Will your mutual funds be able to charge performance-linked fees?

Sebi wanted to cap the Total Expense Ratio charged by mutual funds as the total costs incurred by investors were way above the prescribed fee. The Sebi also proposed a performance-linked fee. Will it make a big difference to mutual fund investors?
2023-05-23T14:07:30+05:30

Additional liquidity can be positive for near-term banking liquidity, favourable for rates: Axis MF

The RBI announced withdrawal of Rs 2,000 notes this week and have given time to deposit the notes with banks up to 30 September 2023. Also, a withdrawal of Rs 20,000 per person per day of notes in exchange is allowed.
2023-05-23T09:53:39+05:30

Expect rate cut in next 1 year; 10-year bond yields to start rallying: Devang Shah, Axis MF

10-year bond yields are expected to start rallying due to inflation and weakening macroeconomic data. Rate cuts are expected to be built in over the next six months, and from RBI's perspective, around 50 bps of rate cuts are anticipated in the next year. Interest rates are expected to move lower, causing the addition of duration to all portfolios. Long bonds will perform well initially and short-term funds when rate cuts occur. Corporate bond spreads are attractive for the three- to five-year segment.
2023-05-23T09:22:21+05:30

HDFC Mutual Funds's NFO a high-risk bet on India's defence prowess

HDFC Defence Fund will follow a multi cap strategy and build a portfolio with a focus on growth and quality at reasonable valuations by investing across large-, mid- and small-cap stocks.
2023-05-23T08:24:38+05:30

86% mid cap funds fail to beat their benchmarks in 5 years

Around 11 mid cap schemes failed to beat their respective benchmarks in one, three, and five-year horizons. Tata Mid Cap Growth Fund, one of the oldest mid cap funds, underperformed its benchmark in all three horizons.
2023-05-22T13:17:17+05:30

Improving equity outlook brings Rs 3,712 crore into arbitrage funds in April

"Given the attractive spreads and higher interest in equities, arbitrage funds can deliver a 7% return. These returns are similar to liquid funds with better tax efficiency," said Viral Bhatt, founder of Money Mantra.
2023-05-22T09:41:02+05:30

HSBC Large Cap Fund: Fund review

We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
2023-05-22T06:30:00+05:30

India has fared far better than other major economies: Sailesh Raj Bhan, Nippon India Mutual Fund

" Some signs of improvements are now showing. Earnings should start improving from 6-7% to 12-15% in around 6-12 months."
2023-05-22T06:30:00+05:30

Do mutual funds offer compounding benefits?

The underlying business and economic processes feed growth back into the input, enhancing growth further. That’s the actual meaning of the term compounding when applied to investments and growth.
2023-05-22T06:30:00+05:30

Sebi's proposal on total expense ratio to curb mis-selling, bring in transparency

Considering the underperformance of most mutual fund schemes, the proposal to introduce performance-linked expense ratios along the lines of Portfolio Management Services (PMS) is a step in the right direction, Gopal Kavalireddi, Head of Research at FYERS, said.
2023-05-20T09:48:16+05:30

International funds offer 10% returns. Did you make money?

Out of 68 international schemes that are in the market, 30 schemes offered double-digit returns in this year till date. 24 schemes offered single-digit returns and 14 schemes gave negative returns.
2023-05-19T13:54:11+05:30

Sebi's move should help larger AMCs get larger share of investor-oriented direct business: Sunil Subramaniam

​So I think the impact on the listed players would be minimized to the extent that they will benefit from larger flows, I would say, because their costs would be much lower compared to a smaller AMC.
2023-05-19T11:04:11+05:30

What will be the impact of new SEBI proposals on AMCs? A Balasubramanian answers

​And not necessarily that every recommendation that is coming in would pass through or would get accepted or would get rejected. Therefore, one has to just see within this which are the one would actually be dropped.
2023-05-19T10:19:05+05:30

Sebi proposes big changes to mutual fund fees to bring down costs

The recommendations are aimed at bringing down mis-selling and reducing costs of investing in mutual funds.
2023-05-19T08:17:15+05:30

Stock indices slip for a 3rd session

Both indices had risen in early trades but gains fizzled out in the later part of the session. The Sensex ended at 61,431.74, down 128.90 points, or 0.21%, from Wednesday's close. The Nifty declined 51.80 points, or 0.28%, from the previous close to settle at 18,129.95.
2023-05-19T06:24:46+05:30

SBI Mutual Fund launches SBI S&P BSE Sensex Index Fund

The performance of the scheme will be benchmarked against S&P BSE Sensex TRI. The scheme will be managed by Raviprakash Sharma.
2023-05-18T12:44:12+05:30

‘Safe’ multi asset funds offered 11.73% in one year, over 20% in three years

Multi asset funds are mandated to invest in three asset classes - typically equities, debt, gold. As per Sebi norms, they should invest atleast 10% in three asset classes. Mutual fund advisors say the portfolio composition makes them relatively safe.
2023-05-18T12:01:22+05:30

ELSS may lose edge under new tax regime

As many individuals move to the new income tax regime, investment believe tax saving mutual funds might find fewer takers in the coming days. ELSS help investors to save taxes of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.
2023-05-18T08:42:51+05:30

India is up for a good growth story: Jinesh Gopani

There are cycles in the market between so-called value and growth and quality. I think as you really see inflation coming off, the interest rate cycle coming to a pause, if not on the cutting side, I think that leads to a significant amount of momentum on the growth side of the macro economy and at the same time growth side of the market.
2023-05-18T08:11:00+05:30

Debt ceiling issue a concern beyond the US, local indices decline further

The Sensex ended at 61,560.64, down 371.83 points or 0.6% from the previous close. The Nifty declined 104.75 points or 0.57% to end at 18,181.75. Short covering in the later part of the day helped both the indices recoup some of their losses after falling nearly 1% earlier in the session.
2023-05-18T05:37:45+05:30

How to create a corpus of Rs 12 crore by investing in mutual funds?

If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-05-17T15:17:14+05:30

Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Value Fund

The scheme will be managed by Shiv Chanani. The scheme will be benchmarked against the Nifty 500 Index.
2023-05-17T12:37:56+05:30

10 ‘safer' equity funds to invest for five years

Equity mutual funds invest in stocks and the stock market can be extremely volatile and risky, especially in the short term. That’s why many investors never invest in equity mutual funds to build wealth or pocket better after-tax returns.
2023-05-17T11:26:54+05:30

HDFC Mutual Fund launches India's first defence fund

"In a multipolar world, defence expenditure globally is set to increase as countries enhance their defence capabilities. Self-reliance in defence led by strong R&D (Research and Development) focus and enhancement of manufacturing capabilities creates opportunity for Indian companies to serve domestic market as well as tap large export potential. This could offer a multi-decadal investment opportunity," said Abhishek Poddar - Fund Manager - Equity and Senior Equity Analyst, Dealing and Investments at HDFC AMC.
2023-05-17T09:40:50+05:30

How to build a mutual fund portfolio?

Investors can use mutual fund products to invest across a range of asset classes, be it equity, fixed income, precious metals, international funds and even real estate.
2023-05-17T08:34:49+05:30

Investors throng to Gold ETFs; invest Rs 124 cr in 'safe haven' asset class

"Over the past few months, we have witnessed gold prices rising. While gold prices rose, some investors would have chosen to book profits or take on risk on approach with a view that central banks would pause further rate hikes," Himanshu Srivastava, Associate Director - Manager Research at Morningstar India, said.
2023-05-16T17:23:07+05:30

Large cap mutual funds to invest for 7-10 years

If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-05-16T14:15:40+05:30

Silver mutual funds down 4% in one month. What should investors do?

After dazzling investors with impressive returns in the one year, these schemes that track the precious metal are down 4% in one month. Should investors be bothered about the recent weakness in the precious metal fund?
2023-05-16T11:28:41+05:30

NFO Watch: Two new mutual fund offers open this week

An ELSS fund and a thematic fund are currently open for subscription in the market. Should you invest in these NFOs to maximize the returns from your mutual fund portfolio?
2023-05-16T10:31:38+05:30

Notwithstanding growth risks, this fund house has gone significantly overweight on IT

We have generated more than 20% cumulative alpha over the last 2 years. Since the last 8 months, I have taken over the flexi fund which has started to see early signs of turnaround by being in the top quartile within 3 months.
2023-05-16T07:46:41+05:30

HNIs eye private credit for better returns

Market-linked debentures (MLDs) that were earlier taxed at 10% after a holding period of more than a year are now taxed at marginal tax rates. Even investments in debt mutual funds are now taxed at marginal tax rates without any indexation benefits, irrespective of the duration of the investments.
2023-05-16T06:32:34+05:30

Debt mutual funds attracts Rs 1.06 lakh crore in FY23; liquid funds account 60% inflow

"While March's outflow was a natural and expected year-end phenomenon. It is difficult to ascertain the reason behind this sudden turn in liquid fund inflows," Mayank Bhatnagar, Chief Operating Officer, FinEdge, said.
2023-05-15T15:36:05+05:30

Volatility not going to go away for next 12 to 18 months: S Naren

I think we are in the middle that is the challenge that you do not have a situation where I do not think we are in greed, if you have greed you will have huge local mutual fund inflow.
2023-05-15T11:56:48+05:30

These equity mutual funds offered over 15% in five, seven, 10 years

ETMutualFunds considered the daily rolling returns of 143 equity schemes that have completed 10 years of existence. These seven schemes were from large & mid cap, mid cap, and small cap categories.
2023-05-15T11:18:54+05:30
PTC India Q4 net profit falls 17% to Rs 129 cr

The company's total income, however, rose to Rs 3,643.02 crore from Rs 3,107.04 crore in the year-ago quarter.
2023-05-27T18:00:26+05:30

Sun Pharma offers to acquire remaining stake in Taro in an all-cash deal: Key details

2023-05-27T17:09:41+05:30

Should you buy, sell or hold LIC post Q4 results?

2023-05-27T17:02:12+05:30

"Silence" is the best response, says options trader PR Sundar after SEBI settlement

Sundar has settled a case with markets regulator Sebi by returning the advisory fee and disgorging over Rs 6 crore. The case related to PR Sundar and Mangayarkarasi Sundar, promoters of Mansun Consulting, offering investment advice without the necessary registration from the market regulator.
2023-05-27T16:48:57+05:30

ONGC Q4 Results: Firm reports loss of Rs 248 crore, misses estimates

2023-05-27T16:36:42+05:30

Dalal Street Week Ahead: Nifty at the cusp of decisive move, track these 2 factors

We enter a “decisive” week; going by the technical setup on the charts, markets may look at initiating a definite directional bias this week and whatever trend it catches on may stay on at least for the short term.
2023-05-27T16:05:13+05:30

Debt worries continue to remain for Adani Group: Mahantesh Sabarad

In global markets most of the central bankers are veering towards stopping the rate hikes and therefore the interest rate peaks are somewhere closer which should signal that the markets are now well and truly set on a fundamental course. Results will dictate the move ahead.
2023-05-27T16:01:04+05:30

Gold prices fall as markets reprice Fed’s policy outlook, US jobs data in focus

Gold prices are heading for their third weekly decline after experiencing a surge in early May, soaring to a 33-month high of $2,085.4 per troy ounce. Hawkish comments from Fed officials, strong economic data from the US, and positive talks on the US debt ceiling have all boosted the dollar index and US benchmark treasury yields, forcing down bullion commodities.
2023-05-27T15:49:16+05:30

Sun Pharma Q4 Results: India's largest drugmaker reports net profit of Rs 1,985 crore

2023-05-27T15:43:20+05:30

Learn with ETMarkets: Remember Silicon Valley Bank? Here’s why you should know about Liquidity Coverage Ratio (LCR)

In the aftermath of this turbulent episode, investors have become increasingly vigilant. They are actively seeking ways to analyse a bank's liquidity and want to ensure its ability to withstand adverse situations.
2023-05-27T14:43:36+05:30

Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?

Star Health Insurance was the top loser and the stock fell 8.8% over the week. Overall 12 block deals were executed worth Rs 668 crore, according to a Nuvama report. Over 1.21 crore shares changed hands at an average price of Rs 551, this report said.
2023-05-27T14:33:58+05:30

Nalco shares surge on strong Q4 performance

Shares of National Aluminium Co (Nalco) surged by over 5% as its Q4 revenues and profits beat market estimates. The Indian government-run firm is hopeful of profitability looking up in the current fiscal even though prices of aluminium may remain subdued due to tepid economic expansion globally.
2023-05-27T14:27:56+05:30

2 top stock recommendations from Mileen Vasudeo

According to Mileen Vasudeo of Arihant Capital Markets, Nifty is expected to cross its initial resistance level of 18,650 and reach its prior all-time high soon, with the possibility of further gain. Bank Nifty is also likely to see a fresh all-time high and extend its gains towards 44,500 to 44,800 levels. Stock recommendations include VRL Logistics and Tata Elxsi, with expectations that both may see higher levels in the coming weeks.
2023-05-27T14:22:31+05:30

​3 Tata Group stocks that closed above VWAP for 3 days, signaling bullish trend​

​VWAP is an important metric as it offers pricing insight into both the trend as well as value of a stock. ​
2023-05-27T14:16:19+05:30

Breakout stocks: 6 largecaps that crossed last month's high this week

​For some 6 counters from the largecap basket, the closing price of stock has gone above last month’s high. This is a bullish indicator as it indicates the stock is moving upward and has crossed the last month’s high.​
2023-05-27T13:36:37+05:30

​Adani Enterprises among 5 Nifty50 stocks that saw high trade and delivery quantity this week​

2023-05-27T13:16:09+05:30

Online versus offline trading — which is the one with more ticks?

For more such web stories click on the ET
2023-05-27T13:08:39+05:30

Breakout stocks: 3 financial stocks that closed above last week high

​These stocks have edged higher despite the Nifty Financial Services index ending in the red this week.(​
2023-05-27T13:02:48+05:30

Rs 10,000 investment in this multibagger smallcap stock turned to Rs 10 lakh in just 10 years

GRM Overseas, a smallcap company with a market capitalization of about Rs 1,032 crore, is engaged in the business of milling, processing and marketing of branded and non-branded basmati rice in the domestic and overseas market.
2023-05-27T12:54:01+05:30

Lois Peltz's tips to select a good hedge fund manager

2023-05-27T11:57:17+05:30

Sun Pharma offers to acquire 100% stake in Taro in an all-cash deal

The proposed acquisition does not include shares held by Sun Pharma and its affiliates. After the completion of the deal, Sun Pharma will have a 100% holding in the company.
2023-05-27T11:28:35+05:30

Q4 earnings to watch out for next week

For more such web stories click on the ET
2023-05-27T11:06:30+05:30

TCS among top 3 trading calls for next week: Rupak De of LKP Securities

The overall view for the next series is positive for Nifty with an upside potential to reach 18800-19000. On the lower end. 18200 will continue to act as crucial support for the June series.
2023-05-27T10:54:21+05:30

US debt ceiling crisis: Should Nifty bulls be worried?

So, what is this USA Debt Ceiling and what impact will it have on Global Financial markets? The USA government spends more money than it earns and therefore it needs to borrow money to pay its bills. In an attempt to control the level of debt, it can only borrow up to a certain limit and that certain limit is called the Debt Ceiling.
2023-05-27T10:43:15+05:30

China industrial profits tumble 18% in April as demand sputters

China's industrial firms saw an overall 20.6% drop in profits from January to April compared to the same period last year, according to data from the National Bureau of Statistics. The fall was due to margin pressures and soft demand amid the country's faltering economic recovery. The grim profit readings come after April economic indicators, including industrial output, retail sales and property investment, suggested China's recovery is slowing down. Foreign firms' profits slid 16.2% and private-sector firms' profits plunged 22.5% in January-April. In response, China's government will focus on restoring and expanding demand, NBS statistician Sun Xiao said.
2023-05-27T10:18:05+05:30

What's in the debt ceiling deal Biden, McCarthy are negotiating?

The U.S. government will spend $936 billion on non-defense discretionary spending in 2023, the Office of Management and Budget estimates, money that goes to housing, education, road safety and other federal programs.
2023-05-27T10:09:34+05:30

Treasury's Yellen says June 5 is last date for debt ceiling to be raised

The more precise estimate buys White House and congressional negotiators slightly more time to finalize a deal to raise the statutory ceiling on the federal government's borrowing capacity.
2023-05-27T10:05:36+05:30

5 world market themes for the week ahead

In Turkey, voters head to the polls to decide on their next president and tech investors are on the hunt for undervalued opportunities in an over-valued space.
2023-05-27T09:58:58+05:30

Wall Street Week Ahead: Debt ceiling deal may shift investor focus to further Fed action

The S&P 500 is up more than 9.4% for the year to date and now trades at nearly 19 times its forward earnings, at the high end of its historical range. Megacap technology and growth stocks, which benefit from lower interest rates, have led the market's advance.
2023-05-27T09:51:56+05:30

AI is becoming the stock market’s answer to everything

To much of the pundit class, the situation is replete with risk: what happens to the market when the hype-cycle around AI ends? Peter Tchir, head of macro strategy at Academy Securities, sees it differently. Piling into a few heavyweights is just investors “being rationally selective.”
2023-05-27T09:46:18+05:30

Crypto week at glance: Markets turn volatile amid ongoing debt ceiling discussions and rising inflation

Bitcoin has seen a decline of 9% in its month-to-date performance. Currently, BTC faces a resistance level at US$26,471. If the price manages to close near this level, it could potentially pave the way for further upward movement towards the US$26,600 and US$27,000 levels.
2023-05-27T09:36:59+05:30

ETMarkets Smart Talk: Where is India’s super rich investing? Anirudha Taparia gives a sneak peek

Digitization and hyper-personalization were other important changes fostered by the pandemic, and many investors are now keen on customised digital wealth management services, necessitating a shift in how the sector approaches and maintains its customer relationships.
2023-05-27T09:28:35+05:30

Mind Over Money: Wildlife conservation, yoga, meditation keeps this financial wellness coach of top MF mentally fit

Additionally, DSP offers a specialized helpline for women to address their concerns and provide support. Society has responded positively, largely due to the increased visibility in the media, which aligns with our initial objectives.
2023-05-27T09:15:55+05:30

57 smallcap stocks offer double-digit returns in a cautious market week

"After consolidating for the last few days, Nifty has managed to surpass the resistance of 18450 zones. We expect this momentum to continue and Nifty to touch its previous lifetime high in the coming weeks. The index is now just 380 points or 2% away from its lifetime high. With the result season nearing its end, the focus will now shift to macro data, US debt negotiations and upcoming central bank policy meetings," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.
2023-05-27T09:08:19+05:30

Wall Street ends sharply higher on optimism about debt ceiling

The Dow Jones Industrial Average ended a five-day losing streak, while the Nasdaq Composite Index and S&P 500 closed at their highest levels since August 2022, with the S&P 500 above 4,200 points.
2023-05-27T08:47:07+05:30

FMCG index tops 50,000 for the first time

The FMCG index has rallied 11% in the last three months against a 6% gain in the Nifty. ITC contributed to 57% of the rally in the FMCG index in the past three months, while HUL, Varun Beverages, and Nestle contributed a little over 27%.
2023-05-27T08:16:01+05:30

Goldman sells Rs 1,100-cr loans to Edelweiss Alternate Fund

Edelweiss Alternative Fund acquired the loans for ₹650 crore, one of the people said.Edelweiss Alternative Fund and Goldman Sachs did not respond till press time Friday to ET's request for comment.
2023-05-27T08:12:32+05:30

Forex reserves drop by $6 billion to $593.45 billion

Analysts said the central bank likely sold dollars from its reserves through market interventions in order to curb volatility in the exchange rate last week.
2023-05-27T08:07:17+05:30

HDFC, Nabard and PFC line up bond sales

HDFC's bond issue, which may have an additional subscription option of up to ₹5,000 crore, may see the rate of interest being set around 7.80%, market sources said.
2023-05-27T08:01:45+05:30

Krishca Strapping Solutions lists at 120% premium

Krishca Strapping, a manufacturers of high-tensile steel straps, seals, and tools, raised around ₹18 crore through the IPO, which was subscribed 244.92 times.
2023-05-27T07:54:08+05:30

FIIs keen to offload stake in Aster DM Health for $300m

The UAE-based promoters own 41.88% and FIIs 38.63% in the company. As per the reports, Aster's investors Olympus Capital, which has a 19% stake and Mauritius-based investment firm Rimco, with a 12% stake, are considering the sale.
2023-05-27T07:47:39+05:30

M&M reports record profit for FY23

The company also outlined a new strategy for the coming five years with a focus on capitalizing on its market leadership in segments like SUVs, tractors and pickup trucks while scaling its growth-phase businesses five-fold during this period.
2023-05-27T07:43:25+05:30

Grasim consolidated sales at all-time high in March quarter

The Aditya Birla group company's consolidated earnings before interest, tax, depreciation and amortization, though, grew only 5% on year at ₹4,873 crore, impacted by weaker realisations in some of its standalone businesses. Consolidated operating margins fell 200 basis points on year to 14%.
2023-05-27T07:39:38+05:30

Markets rally for 2nd day on US debt deal hopes

The Sensex surpassed the 62,000-mark with a breakout rally underpinned by the optimistic mood in global markets. The index closed at 62,501.69, up 629.07 points or up 1.02%, from the previous close. The Nifty briefly surpassed 18,500 before closing the day at 18,499.35, up 178.20 points or 0.97%.
2023-05-27T07:25:40+05:30

Higher costs for new deposits may hit bank margins

Term deposit rates have gone up by about 200 basis points in the last few months as banks have had to catch up with the stronger credit growth. One basis point is 0.01 percentage point.
2023-05-27T06:37:12+05:30

Shareholders seek action on Meta’s ‘political entanglement’ in India

The shareholders’ resolution will come up for voting at Meta’s annual shareholder and board meeting scheduled for Tuesday, May 31.
2023-05-27T06:00:00+05:30

Deutsche Bank, Cerberus to lead $1.7 billion credit raise by Shapoorji Pallonji promoters

US hedge fund Davidson Kempner (DK), Canyon Capital Partners and Varde Partners have also agreed to a three-year private credit line, with each contributing $200 million. Canadian pension fund Omers is also expected to join with $100 million while the rest will be distributed among smaller funds.
2023-05-27T05:48:35+05:30

Tata Motors and Mahindra & Mahindra apply brakes on EV fundraise plans

Tata Motors and M&M had carved out their EV arms into separate subsidiaries and raised significant funds through stake sales in 2021 and 2022, respectively, at handsome valuations.
2023-05-27T05:31:09+05:30

ONGC sees Rs 248 crore loss in Q4

The earnings were also hurt by the rise in exploration cost write-off, which increased 76% year-on-year to Rs 4,469 crore in the fourth quarter.
2023-05-26T22:44:37+05:30

Q4 results roundup: BHEL's net profit falls 33%, City Union Bank's rises 4%

On a sequential basis, net profit for the quarter rose multifold from just Rs 10 crore reported in the December quarter.Revenue from operations rose by a meager 2% to Rs 8,226 crore in the March quarter, as against Rs 8062 crore in the same quarter of last year.
2023-05-26T22:16:17+05:30
SIP Calculator
EMI Calculator
SWP Calculator