Market Updates

Entries for tag "monthly-market-update"

2019 Budget Analysis

Market Update

The Union Budget 2019 clearly focused on the middle class, farmers and small traders. It will be an income boost to the middle class and farmers. For the salaried class, the full rebate for the individuals who have income up to 5 lakhs is a step in the right direction. This will have a positive impact on the economy since lower middle class will have more cash to spend for their consumption. Tax relief for middle class and extra income for farmers is positive for consumption-related business, automobiles, FMCG and Pharma.

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2018 - The year gone by!

Market Update

2018 was an year of consolidation. On one hand the large cap index touched record highs. On the other, mid and small cap corrected significantly. It was an year when the rupee depreciated to its lowest value. We saw crude prices rising substantially throughout the year before crashing in the last two months. 2018 was also an year of regulatory changes. The substantial changes in the mutual fund industry were the re-categorization of the mutual funds and the introduction of 10% tax on long term capital gains. This resulted in a deep correction in the mid and small cap space.

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Monthly Update - November 2018

Market Update

After three months of correction, Indian markets got a much needed breather in the month of Nov. Recovery of rupee against the dollar, fall in oil prices and improvement in liquidity were the positives that helped the markets stage a recovery this month.

Smart investment strategy for the current market condition: During the last one year, market valuations have become more reasonable. Some pockets like Small caps have become undervalued as compared to their historical averages. While, there is a possibility for the markets to go down further in the next 6 months,  it is almost impossible to time the markets perfectly. Hence, in the current scenario, it is prudent for an intelligent investor to continue on the path of disciplined investing without getting panic. You should ensure that your asset allocation is maintained as per your risk profile. Kindly take help of your dedicated Financial Advisor to re-balance your portfolio during your reviews. This will help you to buy at current prevailing lower prices.

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Monthly Update - October 2018

Market Update

The Indian markets continued its downward journey in the month of October as well. So far in 2018, the broad markets have corrected to the tune of 25% to 30%. This is a very big correction. Markets have not witnessed such a broad downfall since 2008.

Overall, as we mentioned in the previous monthly update this is the best time to start allocating more towards equity. The market volatility gives a good opportunity to take advantage of cost averaging in the long run. The investor will be buying more units at lower prices and gain benefits when the markets eventually recover. We are monitoring the market conditions very closely and will take necessary actions to increase your allocation to equity as and when required. 

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Monthly Update - September 2018

Market Update

Time to Increase allocation to Equity - The current market volatility provides a good opportunity to increase the allocation to equity in a phased manner. We as your trusted advisers, are watching the market developments very closely. We would be using this volatility to increase your equity exposure over the next few months. This will enable you to gain from lower cost of acquisition of some good mutual funds. This is also the time to increase for SIPs in case you have any additional monthly surplus. SIPs work wonders to average the buying price in a down moving market. Your respective financial adviser will be in touch with you to guide you through the current market conditions and make most of the current opportunity. 

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