Page 114 - First Global News Today

Shankar Sharma is the Vice-President and Strategist of First Global, one of India’s best performing portfolio management services companies that gave around 40 per cent return to investors. Sharma is

Did you see Sensex reaching 50,000 or was the naysayer in you saying that it is going to be a while before we get there? No, I clearly did not see 50K coming up. At some point, it would have come up but it was not there in the thoughts. It has happened largely because of Covid. What caused the problem, has also caused the solution. It seems very paradoxical but this bull market, not just in India but across the screen in Asia including China has been blowing out the lights, Taiwan, Korea, even ...

Which company has surprised you with its ability to change? Which company has disappointed you? A company which no one thought will go belly up but which has done so? The first answer is straightforward and the second is a little complicated. The first one is obviously Reliance, it has really remade itself which is really remarkable to say the least. Anybody who could have foreseen this has to be a genius because when the KG Basin thing was on, that was the hot story of 2007-08-09-10. At that ...

ETMGS 2021 to see best of global, D-Street brains ideate on Budget & markets SECTIONS Last Updated: Jan 19, 2021, 05:28 PM IST Share Synopsis ETMarkets Global Summit, Dalal Streets most awaited event, goes virtual this year in view of the Covid-19 pandemic. The event kicks off on January 20, Wednesday ETMarkets.com Jim ONeill is known for his long-term macro forecasts. Two decades back, he coined the term ‘BRICS’ and saw the bloc emerging as a powerhouse. But then, does a short-term worry l...

Will we see an extension of the market’s winning run well into 2021? Or has the market already discounted all the positives? Here is what Shankar Sharma, vice-chairman and joint managing director, First Global, had to say. Listen in!

Weekly Dossier | Chris Wood, Shankar Sharma, Sunil Singhania and others on markets, investment "After a 10-year bull market, 2020 saw a bit of cyclical bear market in the US dollar. Now investors should move away from dollar-denominated stocks due to the greenback’s depreciation," said Shankar Sharma. January 02, 2021 / 10:37 AM IST Bulls were in control in 2020 with the market benchmarks - Sensex and Nifty - gaining 15.75 percent and 14.90 percent, respectively. It was a year of hope an...

December 28, 2020 The Indian economy is going through its worst crisis in recent history. Yet, foreign investors haven’t batted an eyelid. Since Nov. 1, foreign investors have poured a staggering Rs1 lakh crore ($14 billion) into Indian stock markets. A combination of low interest rates in the US and the weak dollar has led to inflows into emerging markets like India. Low-interest rates mean the returns on US Treasurys are subdued and hence foreign investors prefer Indian stock markets, where...

What’s driving the Indian stock markets to new highs amid a bleak economy? A combination of low interest rates in the United States and the weak dollar has led to inflows by foreign investors in emerging markets like India. AFP/Punit Paranjpe The Indian economy is going through its worst crisis in recent history. Yet, foreign investors have not batted an eyelid. Since November 1, foreign investors have poured a staggering Rs 1 lakh crore ($14 billion) into Indian stock markets. A combinat...

Monday, December 21, 2020 Executive Summary As one of the regulators engaged in the cryptocurrency space, the U.S. Commodity Futures Trading Commission (CFTC) has been bringing enforcement actions against virtual currency market participants, including traders, issuers, exchanges, and service providers. From January 1, 2015, to June 30, 2020, the CFTC brought 19 such actions. Of the 19 actions between 2015 and Q2 2020, 14 were litigated in U.S. district courts. The other five were res...

ET Stocks NEWS Powered by Tweet Buster: Why you must fear unruly bulls and what to do when market moves in straight line SECTIONS Tweet Buster: Why you must fear unruly bulls and what to do when market moves in straight lineBy Share Synopsis In this edition of Tweet Buster, we scan investing gems from market mavens, who generously shared tips and strategies on the social media platform. Getty Images Independent market expert Sandip Sabharwal calls this mark...