Indeed, key commodities such as gold and silver can be robust additions to your portfolio over the long term. In fact, a well-diversified portfolio focused strongly on suitable asset allocation requires the addition of commodities in the overall mix to make it more balanced. As a part of a multi-asset portfolio, the presence of gold … Read more
Photo used for representation purpose only. | Photo Credit: Reuters The rupee declined 4 paise to 82.88 (provisional) against the U.S. dollar on March 15, weighed down by unabated foreign fund outflows and a negative trend in domestic equities. Forex traders said elevated American currency overseas and crude oil prices in the international market also … Read more
Bombay Stock Exchange (BSE). | Photo Credit: REUTERS Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045. From the Sensex basket, Mahindra & Mahindra, Infosys, … Read more
Policyholders are spoilt for choice when it comes to life insurance policies: First is the array of products on sale— they need to choose the policy that best suits them. And then there is the frequency of premium payment—monthly, quarterly, half-yearly or yearly. In case of life insurance policies, there is an additional choice to … Read more
The rupee depreciated 1 paisa to settle at 82.82 (provisional) against the U.S. dollar on Thursday amid a strong greenback against major rivals overseas and rising crude oil prices. However, a firm trend in domestic equity markets supported the local currency and restricted the fall, forex traders said. At the interbank foreign exchange market, the … Read more
View Full Image Graphic: Pranay Bhardwaj “You don’t need a star performer fund. You need a fund where returns remain consistent throughout the market conditions,” Pattabiraman, an associate professor at IIT Madras, tells Mint in an interview for the Guru portfolio series. In this series, leaders in the financial services industry share how they manage … Read more
The logo of ITC. File | Photo Credit: Reuters Indian FMCG and tobacco giant ITC’s shares jumped more than 8% on March 13, after top shareholder British American Tobacco’s $2 billion stake sale in the company went through smoothly, removing a key overhang on the stock. In India’s third-largest block deal, BAT completed the sale … Read more
File picture of the ITC office building in Kolkata | Photo Credit: Reuters Shares of ITC were in the limelight on Wednesday, climbing nearly 9% and adding ₹32,127.11 crore to its market valuation, amid stake sale news. The stock zoomed 8.59% to ₹439 on the BSE. Shares of the company jumped 8.29% to ₹438 on … Read more
You invested 50% of your portfolio in real estate (residential and commercial properties) during the pandemic. How is that panning out? It has played out really well. For me real estate has outperformed the equities portfolio. If you remember, around the end of 2020 and early 2021, the stock market had already recovered from the … Read more
Image used for representational purpose only. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day 3 paise lower at 82.78 (provisional) against the U.S. dollar on Tuesday, as market participants remained on the sidelines ahead of the release of key macroeconomic data. Forex traders said the Indian rupee … Read more