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Market News

Location American Market News for 8 January 2017
Investors brace for demonetisation effect on Q3 earnings Consumer centric firms likely to be the worst hit as people cut spending due to the cash crunch; surge in commodity prices seen helping some firms
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LIC lowers equity investment target to Rs50,000 cr for FY17 LIC to invest the surplus money it earned from premiums this year in fixed income papers instead of stocks because of adverse market conditions
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Investors gravitate towards US, financial, bank loan and money market funds Money market and US equity funds recorded their biggest quarterly inflows since 4Q15 and 4Q14, Emerging Portfolio Fund Research's data for 4Q16 and the full year show
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New investment intentions and consumer sentiment are low Purchasing Managers' Index (PMI) data shows that both manufacturing and services have contracted in December
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Put no more than 20% in infrastructure funds; and the rest in more diversified funds A better way to invest in sector funds is to use a proportional method--invest a small portion of overall portfolio in such funds
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Went from owning eight credit cards to no credit cards Yogendra Sharma realised what mis-selling can cost
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The landlord may not hike your rent this year

livemint.com - 8 Jan 2017 19:54
The landlord may not hike your rent this year Demonetization and the slump in real estate has affected rentals
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Interest from postal savings accounts is also taxable Interest income of up to Rs10,000--earned from all the savings bank accounts, either with a bank or banking company or with a cooperative society engaged in banking business, or a post office--is exempt from tax
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When investing, don't miss the wood for the trees

livemint.com - 8 Jan 2017 19:53
When investing, don't miss the wood for the trees The objective of our portfolio is not to be the best in the world, but to fulfil our financial goals or to match our risk tolerance
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The One Fund You Need To Buy For 2017

Forbes - 8 Jan 2017 15:14
The One Fund You Need To Buy For 2017 If you want to diversify, get high-quality dividend growth and avoid risky speculation, the SPDR S&P Dividend ETF (SDY) may seem like a no-brainer. But buying this fund would be a big mistake. Today I'm going to show you...
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Ten professionals. Twenty gamers. One million dollar jackpot.
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Foreign funds cry foul over rising costs, want tax clarity The foreign funds, that have pumped in billions of dollars into Indian capital markets over years, have been on a heavy selling spree recently, including in bonds segment
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