13 Covid-negative businesses double profit in Q1, Street rewarding them

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13 Covid-negative businesses double profit in Q1, Street rewarding them April-June quarter earnings show several businesses from across sectors such as FMCG, agriculture, pharmaceutical, IT and e-commerce remained unscathed by the business disruption. Everyone is bullish and sees value in this stock. But no one wants to buy it In the publicly available Reuters Eikon database, the stock had 23 'buy', 17 'outperform', five 'hold', one 'underperform' and one 'sell' ratings for the stock as of July 30. Ridham Desai is super-bullish on these 3 sectors for next 3-4 years A lot of financial services which were non-bank financial services will do quite well over the next few years.' 10 Indian stocks created more wealth than GDP of 140 nations! The 10 index stocks swelled their combined market value by Rs 17.76 lakh crore, which at the current rupee-dollar exchange rate of 74.8 would equal $237 billion.

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Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth 4.07 -6.58 7.61 10.57 Axis Bluechip Fund-Growth 3.97 -7.15 6.32 9.13 Canara Robeco Bluechip Equity Fund Direct-Growth 4.31 -2.98 14.46 8.69 Canara Robeco Bluechip Equity Fund Regular-Growth 4.19 -3.66 12.87 7.37 HDFC Index Sensex Fund-Growth 4.37 -7.61 3.13 6.19

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As Buffett starts buying stocks, analysts wonder if they should go bottom-up BSE Sensex is up 45 per cent from its March low. Marketmen say while the domestic indices look richly valued at this point, there do exist pockets of stocks with reasonable valuations. Where to invest in a high-valuation market? Each and every stock in the Sensex pack has delivered solid returns to investors in last four months. Why it makes sense to buy index funds Financial planners believe index funds merit allocation given their low costs, no fund manager bias and poor alpha generation ability of active fund managers. 10% risk-free rate! HNIs find a goldmine The rate of return has hit an annual 10 per cent, from an average 7- 8 per cent, amid the commodity's astounding 32 per cent rise last month.

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What's in a name? It can give a stock 400% leap While Bharat Biotech is competing to develop India's first vaccine for the pandemic, shares of a little-known state-owned company — Bharat Immunological and Biological Corporation — have rallied nearly 440 per cent since April 1. 12 stocks that are flashing BUY signals on tech charts Of late, the stock market bears have tightened their grip on Dalal Street, and analysts believe the index is likely to stay vulnerable and hence recommend a highly stock approach to the market. "Avoid aggressive longs unless Nifty takes out the 11,300-11,350 zone on a closing basis. Until that happens, we will find the index vulnerable at higher levels. A highly focused and stock-specific approach is advised for the day," said Milan Vaishnav, CMT, MSTA is a Consultant Technical Analyst and founder of Gemstone Equity Research & Advisory Services.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Kotak FMP Series 286 - 1355 Days Direct-G Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 Kotak FMP Series 286 - 1355 Days Reg-D Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 Kotak FMP Series 286 - 1355 Days Reg-G Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 Kotak FMP Series 286 - 1355 Days Direct-D Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 More >>

Real Estate News

Jaypee Wish Town buyers left in lurch as construction gets stalled This, despite the National Company Law Appellate Tribunal (NCLAT) giving conditional approval to the state-owned NBCC to complete the pending 20,000 Wish Town flats in April.

Jaipur development body to launch four housing schemes To sell the plots in its developed schemes, the JDA recently had reduced the reserve price of uninhabited land in its region by 10% to 37%. The decision was taken by the higher authorities looking at the slump in prices in the region.

Realtors see next 6 months moderately better: Survey The step up in future sentiment attributed to an expected improvement in macroeconomic indicators and the adaptation to new business models shaping recovery in the next six months.

Average cost of 3 BHK is Rs 93 lakh in this NCR area The Noida Expressway stretch is a preferred location by those who work nearby. It close to key office hubs such as Advant Navis Business Park, Unitech Infospace etc. Key schools and hospitals include Lotus Valley International School, DPS, Jaypee Hospital, Felix Hospital, etc.

Homebuyers back in realty market but plan to cut budgets Out of the total respondents seeking to cut budget, a substantial 56% were looking to reduce their budget by over 20%. 32% indicated that they are trying to cut their home buying budget by 11-20%. This may lead to demand for smaller homes.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   ICICI Pru Alpha Low Vol 30 ETF-G Equity: Large Cap Open-ended 03 Aug 2020 10 Aug 2020 5,000 Nippon India Multi Asset Fund Reg-G Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 Nippon India Multi Asset Fund Reg-D Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 Nippon India Multi Asset Fund Direct-D Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 Nippon India Multi Asset Fund Direct-G Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 More >>

Views and Recommendations

Buy JK Lakshmi Cement, target price Rs 370: ICICI Securities 06 August, 2020, 01:55 PM IST JK Lakshmi Cement Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 3370.07 Crore) operating in Cement sector. Buy Buy Visaka Industries, target price Rs 512: ICICI Securities 06 August, 2020, 01:55 PM IST Visaka Industries Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 518.35 Crore) operating in Building Materials sector. Buy Add Pfizer, target price Rs 4705: ICICI Securities 06 August, 2020, 12:00 PM IST Pfizer Ltd., incorporated in the year 1950, is a Large Cap company (having a market cap of Rs 20181.84 Crore) operating in Pharmaceuticals sector. Add Buy Asahi India Glass, target price Rs 242: ICICI Securities 06 August, 2020, 12:00 PM IST Asahi India Glass Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 4506.89 Crore) operating in Glass sector. Buy

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Too many mutual funds in your portfolio may harm rather than help: Here's why

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WEALTH NEWSLETTER Tue, Aug 04, 2020 | 08:30 AM IST

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#alternative investment returns monitor,#realty hot spot series,#stock pick of the week,#mf portfolio doctor,#family finance

Too many mutual funds in your portfolio may harm rather than help: Here's why With an over-diversified portfolio, you are not giving enough heft to any fund to meaningfully add value. A modest outlay will prevent even the best performers from moving the value needle much. Economic upheavals change rules of equity investing: Making profit will now take longer than before The equity markets move in cycles, and often, it takes five to seven years to go through a full cycle of a sharp rise, decline and stagnation and back. To get the right level of returns, we need to invest in the whole cycle. Podcast: How safe is it to bank online? How safe is it to bank online? Do banks and other financial institutions have systems in place to keep your money safe? Jithesh P V of Federal Bank and Bala Parthasarathy, Co-founder of MoneyTap answer these questions. Host: Tania Jaleel; Producer: Paramveer Singh 5 dividend yield stocks that are worth investing in now and won't lead you into a trap Even if companies reduce their losses, the dividend yield strategy still matters. People who follow a dividend yield strategy should not assume that this strategy will make it risk-free. After all, your investment is in equities and the risk will not go away. From our Partners This company is giving limited edition phones to leaders, celebs From our Partners How the BMW logo evolved through the years Here's how the income tax department tracks your financial transactions The government recently amended the Form 26AS which will show high-value transactions that are conducted by you in the financial year. However, there are other ways in which the tax department can track your financial transactions. Given below are the list of those ways. You may not get a home loan despite having a good credit score: Here's why The credit score indicates how an applicant's earlier loans were serviced but nothing about his ability to service more loans. While evaluating the financial fitness of a borrower, banks also look at the applicant's ability to pay off the additional debt that he wishes to take on. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 10.46 6.42 -5.55 5.87 Invest Now Axis Bluechip Fund-Growth ★★★★★ 8.89 4.96 -6.11 5.44 Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 8.73 11.11 -2.69 6.68 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 7.05 9.88 -3.02 6.08 HDFC Index Sensex Fund-Growth ★★★★★ 5.58 0.63 -7.38 8.09 If you don't count Reliance, market is at 10,200 levels: B Gopkumar, Axis Securities "Only large-cap stocks have rallied while mid-caps and small-caps have not moved up much. Even within large caps, the rally has been confined to a handful of stocks. Reliance Industries alone has contributed more than 1,000 points to the Nifty," says Gopkumar. How small businesses are adapting to survive the coronavirus crisis The innovation and creativity of small entrepreneurs offers an interesting case. There was a time when every small business would set for itself the target of when to seek venture funding, when to go public, and how to scale up and become large. These may not be the default goals after this crisis. There may be renewed respect for remaining small, local and niche.

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Financial Calculators Old or new tax slab regime? Use this calculator to find out This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay. New LTCG tax calculator: Plan, compute your tax Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds.

Stock pick of the week: Recent dip in Abbott India price offers entry point to long-term investors Abbott India is expected to end 2020-21 with revenue and net profit growth of 11% and 18% respectively. Besides, its debt-free status along with a cash pile of Rs 2,200 crore and free cash flow generation of Rs 690 crore in 2019-20 are factors that have made the company a favourite of analysts. Aditya Birla Sun Life Frontline Equity mutual fund: Recent dip mars consistent outperformance The fund's recent dip in return profile runs contrary to its consistent track record of outperformance for the most part of the last decade. While the fund manager's proven execution capabilities provide comfort, the fund needs to deliver a turnaround to remain a worthy pick. Realty hotspot series: Average cost of 3 BHK is Rs 93 lakh in this NCR area The Noida Expressway stretch is a preferred location by those who work nearby. It close to key office hubs such as Advant Navis Business Park, Unitech Infospace etc. Key schools and hospitals include Lotus Valley International School, DPS, Jaypee Hospital, Felix Hospital, etc. Higher TDS on dividend declared after April 1, 2020 if you don't submit PAN For NRI investors, 20% plus surcharge and cess is withheld. However, tax will be assessed on the basis of documents submitted to avail tax treaty benefit under DTAA. How to invest in mutual fund retirement plans To invest in a mutual fund, KYC compliance is mandatory. KYC can be done beforehand or form and supporting documents can be submitted at the time of investing. If the investor already has a folio with the fund house, the same can be used for new investment too. Homebuyers back in realty market but plan to cut budgets by 10-30%: Survey Out of the total respondents seeking to cut budget, a substantial 56% were looking to reduce their budget by over 20%. 32% indicated that they are trying to cut their home buying budget by 11-20%. This may lead to demand for smaller homes. Tax optimiser: Engineer Dwivedi can cut tax by Rs 66,000 via home loan, NPS and tax-free allowances Pranav Dwivedi's salary structure is not very tax-friendly. His salary includes many allowances which are fully taxable in his hands and leads to higher tax outgo. ET Wealth tells readers how they can optimise their tax by rejigging their income and investments. Family finance: Khatri needs to increase his income to meet money goals ​​After considering household expenses, loan EMI, child's education cost and insurance premium, he is left with a surplus of Rs 167, which is too less to start any investment. His goals include building an emergency corpus, saving for his child's education and his retirement. How gold, silver and WTI crude oil performed during the week ending July 30, 2020 Here is a weekly tracker of returns from alternative investments. But don't compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.

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