
IndiaNivesh has prepared a list of companies expected to declare a dividend and result in a yield of up to 5%
The GST Bill is seen by experts as the single biggest reform which will propel India into the stature of a global powerhouse and lead to untold riches for its investors. Unfortunately, SoGa and RaGa have so far torpedoed all attempts by NAMO to usher in the revolutionary reform. Luckily, the duo will be unable to wield the same influence in Parliament by July 2016 and NAMO will have his way is the confident prediction of Ridham Desai of Morgan Stanley
NAMO has been flayed by the intelligentsia for the handling of the JNU-Kanhaiya affair and the EPF-tax fiasco. However, it is possible that both of these issues are actually red herrings designed to distract the opposition and divert their attention from more pressing issues. The ace stock pickers also appear to have fallen victim to NAMO’s gambit
Prashant Jain, the whiz-kid fund manager of HDFC Mutual Fund, who is under fire for the under-performance of his funds, has candidly admitted that he is under a “lot of pressure”. He has, however, defended his stock picks, on the basis that he is “ahead of the market cycle”. He claims that the cycle is about to turn and that his old-economy warhorse stocks will soon be back in demand and that this will lead to heavy out-performance of his funds
The stock markets appear to be euphoric about NAMO’s budget if you go by the spectacular rally seen in the past two days. However, eminent pundits are skeptical and have sounded the caution that the economy is in a bad shape and that there is little in the Budget to revive it. They warn that there is more downside to the market
Radhakishan Damani’s tryst with the Forbes Billionaire Club has been a short one. He entered the Club last year in the midst of much fanfare but has been unable to hold on to the position. However, there is no reason to despair because a slight uptick in the stock market should put the ace stock picker back in the reckoning
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