The fiscal year 2023-24 marked a remarkable period for India’s economy, as it outperformed major global counterparts and upheld its position as the world’s most stable economy. The Reserve Bank of India has maintained its inflation forecast for the current fiscal year at 4.5 per cent, signalling that the inflation target is within reach. Two years ago, at this juncture, when CPI inflation reached its peak at 7.8 per cent in April 2022, inflation was the major concern looming over the economy. Now, it seems that the once-dominant elephant in the room has taken a stroll and is gradually retreating back to the forest.
The World Bank has revised its economic growth forecast for the Indian economy in FY25 to 6.6 per cent, attributing the upgrade primarily to ‘upward revisions in investment growth.’ Recently, Amitabh Kant, former CEO of Niti Aayog, forecasted that India is poised to surpass Japan and become the world’s fourth-largest economy by 2025. Moreover, Indian equity markets exhibited impressive resilience, with both the BSE Sensex and Nifty 50 indices soaring around 25-28 per cent throughout the fiscal year, reaching unprecedented levels on the bourses.
Throughout the financial year, foreign institutional investors (FIIs) shifted to net selling positions, while domestic institutional investors (DIIs) took on the role of net buyers. FIIs experienced a substantial net outflow of ₹14,578 crore, in contrast to DIIs, who bolstered the market with a sizeable net inflow of ₹209,885 crore during the corresponding period.
This story is from the May 20, 2024 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 20, 2024 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Risk Profiling in Mutual Funds
Whether you lean towards equity, debt or hybrid investments, recognising your risk tolerance is paramount. By conducting a risk profile assessment, you gain foresight into potential investment risks, mitigating any future unease before it arises. Rakesh Deshmukh takes a closer look at the scenario to see how it works
"The Future Of Mutual Funds Looks Promising"
Given that the current landscape of mutual funds is dynamic and evolving, Rashida Kalolwala, Coo, Edelweiss Mutual Fund, states in this interview that the shift towards digitalisation and the emphasis on transparency are some of the factors that will further propel the growth of the mutual fund industry
ETF Vs Stock Liquidity
Exchange traded funds (ETFs) have undeniably revolutionised the investment landscape for both investors and financial services professionals alike. They offer opportunities to diversify portfolios, manage risk more effectively, and reduce investment costs. However, to fully harness these benefits, it's crucial to dispel confusion and misconceptions surrounding ETFs Liquidity. The article examines the working of ETFs, their liquidity and how investors can capitalise on them
Road To Prosperity Through Mutual Funds
In the pursuit of financial freedom and wealth creation, mutual funds have emerged as a beacon of opportunity for investors in India.
Global Equities Rise Amid An Unsurprising Earnings Season
The S&P 500 Index approached its historical peak and marked its third consecutive week of positive performance in mid-May. Concurrently, other major indices also experienced gains, with value stocks surpassing growth-focused equities.
Commodity Traders To Monitor Key Indicators For Favourable Trade
In the past fortnight, the commodity market oscillated between gains and losses, driven by statements from some FOMC officials emphasising a \"higher-for-longer\" approach to monetary policy, juxtaposed with softer economic data from the US supporting arguments for the Federal Reserve to start monetary easing this year.
Understanding How Businesses Get Premium Valuations
Valuation premium is like the extra amount a buyer is willing to pay for a company or asset beyond its basic value. This happens when the buyer believes the company is worth more than its current price. Vaishnavi Chauhan takes a closer look at this parameter as applicable to various sectors
India's Power Sector Set For A Surge
As the world's third-largest energy market, India's energy needs are expected to double by 2050, driving explosive growth and potentially transforming the country from an energy importer to an exporter, particularly in renewable energy. This shift offers long-term investment prospects for those looking to capitalise on India's energy boom
Q4 Earnings Signals Growth
As investors eagerly await the outcome of the ongoing Lok Sabha elections, hoping for a decisive political mandate, the equity markets are witnessing heightened volatility, along with optimism driven by quarterly financial results and expectations of a post-election result rally. Mandar Wagh analyses company performances sector-wise to offer deeper insights into the future outlooks of various sectors, considering growth triggers and risk factors.
The AI Value Chain
Artificial intelligence has found its way into stock trading and has helped streamline the processes while also helping investors and traders deal with huge amounts of data. In fact, Traditional AI is now making way for Generative AI to give a further edge to those who need to choose, buy and sell stocks at a much faster rate. Vaishnavi Chauhan takes a deeper look at how AI works as an evolutionary technology
