He had made his mark with an early identification of the oil exploration sector and the software sector in the pre-Y2K era. He never looked back since.
Never have been investors so spoilt for choice like in this month. And the choice is going to get harder, as a series of initial public offerings (IPOs) are opening back to back in the next 12 days, for listing both on the main boards and the SME Exchanges.
The Union ministry of consumer affairs & food distribution’s decision to approve dilution of 258,000 bales of jute bags (one bale is 180 kg) for the kharif marketing season of FY18 and the rabi marketing season of 2018-19, has unsettled the jute industry.
The Indian economy is likely to go through a political and structural shift in the next few months. It needs to expand spending ahead of elections but needs to keep its fiscal deficit and inflation expectations under control.
Despite low production, chilli prices have not recovered much in the past few months. Prices may remain within a range till May as the arrival season is on. Chilli prices were trading around Rs 18,000 per quintal and Rs 19,000 per quintal in 2016.
A woman’s health is her capital. This is how American author Harriet Beecher Stowe described the criticality of a woman in our society, as early as mid-19th century.
The Indian pharma industry is going through tough times.
Last week can be divided into two parts. In the first part of the week, the Nifty notched up gains of 2 per cent. But in the second part, the index surrendered all its gains and rounded up the week with a loss of 0.30 per cent.
The market literally had a roller-coaster ride last week. Thankfully, the highly volatile week wound up with a less than half per cent cut in the Nifty.
Chana has witnessed prices dropping by 61 per cent from July 2016 levels and 31 per cent from July 2017 levels and imports rising 112 per cent since April, thanks to the delay the government made in reinstating import duty and announcing minimum support (MSP) price.
Sugar supplies from mills have been relentless recently, resulting in swollen ready stocks. But as purchases by bulk consumers, like soft drinks and ice cream makers, have been selective, availability of sugar has been plentiful.
In the last ten years, probably only two years, 2009 and 2013, qualify as being the best years for equity investors. Paradoxically, nothing was going right for the market in those years. Still, anyone who had the guts to invest in equity then reaped the best possible return in the shortest time.
IN the 21st century women are more empowered than ever. So why should they be dependent on their spouses or parents for money-related decisions?
Prasanna Pathak is fund manager-equity at Taurus Mutual Fund. Pathak has spent 17 years in the mutual fund space, predominantly in research and management of equity funds.
Valuations are a function of sentiments, interest rates (and hence P/E ratios) and earnings trajectory.