Drawing a mixed bag of reactions from Indian investors, the US market outcome presented a dichotomy. The Dow Jones celebrated a new peak, yet the S&P 500 and Nasdaq ended on a down note. Attention turns towards forthcoming labor statistics, as heavy tech spending on artificial intelligence weighs on market psychology.
In today's fast-paced markets, Warren Buffett's wisdom emphasizes that long-term investing success hinges on sticking to a strategy rather than frequent trading. This patient approach allows compounding to work, enabling quality companies to grow and rewarding disciplined investors who focus on fundamentals amidst market volatility.
Passed in 2024 and set to take effect this July, the law bans certain so-called swipe fees on the tax and tip portions of customers bills, with a goal of lowering how much credit card companies can charge retailers.
Asian stocks are hovering near record highs. Investors await key US jobs data. Weak retail sales have increased expectations for Federal Reserve rate cuts this year. Treasury futures are holding gains. Gold prices are edging up. The US jobs report and inflation figures will provide clues on future rate paths. Tech firms' AI spending is a concern.
Three major public sector companies, HUDCO, NaBFID, and SIDBI, are set to raise a significant 13,500 crore from the corporate bond market. This move comes as wholesale bank lending rates show signs of easing. Investors will be closely watching NaBFID's 4,000 crore bond sale. This borrowing activity highlights the companies' strategy to tap into the bond market for funding.
Wealth managers advise new mutual fund investors to build portfolios gradually, aligning choices with goals and risk appetite. A paced approach, starting with diversified equity, index, or multi-asset funds, is recommended. Aggressive investors can later explore mid- and small-cap funds, while conservative ones may stick to large-cap and hybrid options.
Securities and Exchange Board of India (Sebi) mandates credit rating agencies (CRAs) to maintain additional net worth for rating instruments under other financial sector regulators. This move follows industry representations to allow rating of unlisted securities and other financial products, potentially creating synergies and addressing market gaps.
European multinationals are increasingly exploring listing their Indian subsidiaries in Mumbai, driven by the vibrant domestic fundraising market and the prospect of an EU-India trade agreement. Companies in auto components, speciality chemicals, and clean energy are preparing for IPOs, signaling growing confidence in India's regulatory framework and investor base.
Mutual fund investors significantly increased allocations to precious metals in January, with gold and silver ETFs attracting over 33,500 crore, surpassing equity fund inflows for the first time. This surge reflects performance-chasing behavior as gold and silver delivered substantial returns over the past year.
