Issue of 12th Jun-18th Jun 2020
LEAD ARTICLE
Online Moneylife Magazine
Fear of the Unknown + Liquidity + Algo Trading = Volatility
On Thursday, a day after the NASDAQ 100 index made an all-time high (yes, you read it right, all-time high), all indices in the US collapsed like a pack of cards for no apparent reason. The S&P 500 slumped 5.9%, the largest one-day decline since 16th March. The small-cap index Russell 2000 crashed 7.57%, while the dollar had its best day... Read More
CROSSHAIRS
UPDATED on 13 June 2020 at 9.10am to add response from IL&FS.   In the past couple of weeks, two publications have published exclusive reports on the second forensic audit of ITNL (IL&FS Transportation Network Ltd). ITNL, like IFIN (IL&FS Financial Services), is one of the two big...
STOCKS
Consumer products companies, making food and personal-care products, especially those controlled by multinationals, are stock market darlings. Just look at the huge value created by Hindustan Lever, Britannia, Nestlé and Marico. You would expect the same for a company called Agro Tech Foods...
Moneylife Digital Team
Coromandel International’s (Coromandel) business comprises two segments: nutrient & other allied businesses and crop protection business. The nutrient & other allied segment (brings 87% of its revenue) includes complex fertilisers, specialty nutrients, organic fertilisers and the retail...
Moneylife Digital Team
SMART MONEY
We all know that the economy is going through its worst patch in the past few decades. Even before the virus hit us, we had little to cheer about. Each year has been marked with high expectations and poor delivery. However, there is so much liquidity in the system that disappointments are...
MUTUAL FUNDS
Gilt schemes have attracted attention after the category delivered double-digit returns in the past one year. The crisis in other debt schemes also made gilt schemes more attractive. As happens each time a category, or an asset class, delivers great returns, retail investors have begun to...
Clinton Fernandes
INSURANCE
There is always a debate on the right amount of cover that you need from a health insurance policy. The cover amount and premium move in a proportionate manner. So a Rs10-lakh cover will cost twice as much as a Rs5-lakh one. Hence, people settle on buying policies with a smaller premium and...
Clinton Fernandes
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