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US firm Vanguard Group made Rs 1,294 crore investment in 10 stocks, in single day; do you own any?

The Vanguard Group Inc, the US-based investment management company, invested nearly Rs 1,300 crore in a single day on March 15 when the Nifty50 closed at fresh six-month high. The investment firm through its Vanguard Emerging Markets Stock Index bought equity stake in 10 Indian companies through open market transactions. As per the bulk deal data published on National Stock Exchange, 10 stocks where the firm purchased equity shares are Aarti Industries, Bata India, Castrol India, DCB Bank, NIIT Technologies, RBL Bank, TeamLease Services, TTK Prestige and V-Guard Industries. Vanguard Emerging Markets Stock Index bought shares worth Rs 1,294 crore,…

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‘Investment in 8-10 stocks should be good enough if your budget is between Rs 2-5 lakh’

For most people, financial decisions pertaining to investing, buying insurance or taking loans are erratic, rather than an informed and planned process. This means that they have innumerable stocks and dozens of mutual funds without taking into consideration, the impact on their financial goals. In this article, I am going to highlight some of the asset classes to help you determine the optimum mix and how much is too much per investment instrument. Mutual Funds: Most of the people are often confused as to how they should segregate their funds….

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Want to invest in ‘value’ stocks like Buffett? Look at these funds

Value investing is a strategy to spot stocks trading below their intrinsic values. The domestic equity market is going through a rough patch this year amid subdued macroeconomic triggers. Rising crude oil prices, slower-than-expected earnings growth, trade war concerns and a falling rupee have dragged midcaps and smallcaps down by up to 15 per cent so far in 2018. Voices are still echoing in the market that the risk-reward ratio in second-rung stocks is still not in favour of investors despite the recent correction. New investors who have entered the market in…

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Tokyo stocks retreat in morning after Mnuchin tweet on foreign investment

TOKYO, June 26 (Xinhua) — Tokyo lost ground Tuesday morning as investors turned risk-off following a tweet by U.S. Treasury Secretary Steven Mnuchin saying that more countries might be banned from investing in U.S. technology firms. The 225-issue Nikkei Stock Average dropped 116.82 points, or 0.52 percent, from Monday to 22,221.33. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 8.14 points, or 0.47 percent, at 1,720.13. Oil and coal product, mining, and service-linked issues comprised those that declined the most by the…

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Trump trade wind just a breeze for Asia stocks inured to pain

A file photo of US President Donald Trump. Stefan Hofer, Asia chief investment strategist at LGT Bank AG, says Hong Kong’s stock market is relatively insulated from trade war concerns with the local economy dominated by financials and property companies. Photo: Reuters Hong Kong: While trade paranoia engulfed everything from US index futures to the dollar and bond markets, it was a different story for Asian equities, as investors weighed competing risk factors affecting the outlook for a region square in the targets of President Donald Trump. Stocks across the Asia-Pacific…

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