From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In … Read more
Nirav Sheth, CEO-Institutional Equities, Emkay Global Financial Services, says: “We are in a very fortunate situation in terms of the earnings trajectory. My earnings have almost doubled in the last three years and I am talking about the largecap sector. The macros are solid in terms of the outlook on the current account deficit, rupee, … Read more
While mixed corporate earnings, profit booking and easing expectations of rate cuts by the US Fed is keeping headline indices Sensex and Nifty range-bound, at least 22 PMS schemes made HNI investors richer last month with double-digit returns going up to 17%. Invasset’s Growth Pro Max Fund was the biggest gainer in the pack with … Read more