Equity


 

Buyback boost for Infosys shares [0.13]

Posted on Aug. 17, 2017, 5:46 p.m. by Markets @ [source]

Shares of information technology (IT) major on Thursday posted their biggest jump in nearly nine months after the company said its board would consider a proposal to buy back equity shares. Shares of gained 4.54 per cent, the most since November 25, 2016, to close at Rs 1,021.2, the highest level since April 3.

board buyback capital cent crore earnings equity Infosys Rs shares

 

Guesstimates on August 17, 2017 [-0.10]

Posted on Aug. 17, 2017, 1:03 p.m. by Carl Futia @ [source]

Percentage gains calculated based on one contract traded per $10,000 of account equity and are net of $5 per round turn commission.

calculated commission equity gains net traded turn

 

Kolkata: Private sector lender Lakshmi Vilas Bank is looking to raise fresh equity capital as much as Rs 1,000 crore by September but the volatile market may play a party pooper.The Chennai-based bank is in talks with institutional investors as it is growing its loan book at 15% rate. The bank managing director Parthasarathi Mukherjee said the bank needs capital to keep the growth momentum.“We may raise capital in the second quarter if the market condition permits us to do so.

bank capital equity institutional investors market Mukherjee quarter Rs Rs crore

 

Srei Equipment Finance to raise Rs 2,000 cr through IPO [-0.01]

Posted on Aug. 17, 2017, 11:34 a.m. by Markets @ [source]

The company expects to raise Rs 1,800-2,200 crore through the IPO, expected to hit the market in the last quarter of this financial year. The company is looking at 20-30 per cent annual growth over the next few years, said Hemant Kanoria, chairman and managing director.

BNP cent equity financial growth Paribas quarter Rs crore SEF Srei

 

The value of American homes compared to the mortgage on those homes continues to rise after the real estate collapse during the Great Recession.

ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Equity & Underwater Report, which shows that at the end of the second quarter of 2017 there were more than 14 million (14,038,372) U.S. properties that were equity rich — where the combined loan amount secured by the property was 50 percent or less of the estimated market value of the property — up by nearly 320,000 properties from the previous quarter and up by more than 1.6 million properties from a year ago.

equity home mortgage properties property Q2 quarter rich San underwater

 

The Srei Equipment Finance, a hundred per cent subsidiary of Srei Infrastructure Finance , will dilute 25 per cent of its equity by way of fresh issue of shares and offer for sale (OFS) by the parent firm.

cent dilute equipment equity Finance fresh hundred infrastructure Srei subsidiary

 

Global fund managers pessimistic on earnings [0.02]

Posted on Aug. 16, 2017, 6:23 p.m. by Markets @ [source]

In what could spell trouble for the equity market, a global survey of fund managers conducted by (BAML) shows a sharp deterioration in the corporate earnings outlook.

Further deterioration is likely to cause risk-off trades,” said Michael Hartnett, chief investment strategist,The number of respondents saying equity were overvalued rose to a record high of 46 per cent.The surveyed think a policy mistake by the or the and a crash in global bond are the top two biggest tail-risks for the market.As for India, the weak June quarter earnings by domestic companies has “set the tone for another weak year”, goes a note from Kotak Institutional Equities.It says the June quarter results, the first one in 2017-18, “suggest the underlying conditions in several sectors and the broader economy continue to be weak.

cent deterioration earnings equity global market Nifty profit quarter weak

 

Guesstimates on August 16, 2017 [-0.10]

Posted on Aug. 16, 2017, 12:53 p.m. by Carl Futia @ [source]

Percentage gains calculated based on one contract traded per $10,000 of account equity and are net of $5 per round turn commission.

calculated commission equity gains net traded turn

 

Fund managers turn pessimistic on earnings expectation [0.02]

Posted on Aug. 16, 2017, 10:19 a.m. by Markets @ [source]

In what could spell trouble for equity market, corporate outlook has shown sharp deterioration, says a of conducted by (BAML).

The respondents saying equity are overvalued rose to a record high level of 46 per cent in August.

August BAML cent corporate deterioration equity investors market profit risk

 

The Indian equity market is trading at a premium to its historic average and its valuations are expected to stay high over the next three years, says an Edelweiss Securities report.The report said while supply side has undergone a structural change, reform momentum is well above its historic past and more aggressive than emerging as well as global peers.Moreover, domestic flows into the equity market will have a fairly large and sustained influence on how the Indian market is valued.

equity historic Indian market Premium report stay trading valuations years

 

The study didn’t comment on current market levels. Taken alongside a lack of "pullbacks" in other equity gauges round the world, “we’ve never seen anything like this before,” Ryan Detrick, a strategist with brokerage LPL Financial based in Charlotte, North Carolina, wrote in a note last month.The study by Sornette and his team suggests that keeping an eye on gauges like the VIX will prove little use in monitoring for any impending asset-price collapse.

bubble current equity levels market North study The VIX volatility

 

Young people, just starting out in their lives, stand to benefit tremendously from investing in the equity market, as they have time on their side. Considering this, it is ironic that majority of the younger generation do not capitalise on these advantages, and are impatient to maximise returns in the least possible time.In order to truly benefit from equities, there are certain primal instincts that an aspiring investor needs to curb, namely greed, impatience and attention diversion.

equities equity equity market invest Investing investment investors market years younger

 

Biocon falls 8% on heavy volumes [0.00]

Posted on Aug. 16, 2017, 7:04 a.m. by Markets @ [source]

The trading volumes on the counter more than doubled with a combined 8.66 million shares representing 1.4% of total equity have changed hands on BSE and NSE so far.In past one month, it underperformed the market, by falling 21% against 1.8% decline in the benchmark index.

changed combined counter doubled equity hands representing shares trading volumes

 

Market shrugs off Trump's tough talk [-0.19]

Posted on Aug. 15, 2017, 9:11 p.m. by Fast Money @ [source]

Scott Wren, Wells Fargo Investment Institute senior global equity strategist, discusses where to invest in the markets if President Trump's agenda is halted.

equity Fargo global Institute investment Scott senior strategist wells Wren

 

Guesstimates on August 15, 2017 [-0.10]

Posted on Aug. 15, 2017, 1:14 p.m. by Carl Futia @ [source]

Percentage gains calculated based on one contract traded per $10,000 of account equity and are net of $5 per round turn commission.

calculated commission equity gains net traded turn

 

Savvy investors looking for value purchases are mopping up closed-end equity schemes of mutual funds that are available on the stock exchange platform. The interest in these schemes has grown because they are being sold by existing investors on the exchange at a discount to net asset values (NAVs).Unlike an open-ended scheme, which can be redeemed at any point, a closed-end scheme has a lock-in of usually three or five years where investors who bought during the new fund offer , can redeem only once the product matures.The other option is selling them on the exchange platform.

cent closed end discount equity fund investors maturity NAV Rs scheme

 

Here’s one that came my way earlier today although the report was from January: New York Fed Chief Dudley has an Idea — Homeowners Should Tap Into Equity.

New York Fed President William Dudley on Tuesday encouraged homeowners to find “prudent” ways to tap into the equity that has built up in the homes, saying the boost in consumption would be a welcome shot-in-the-arm to the economy.

Dudley economy equity Fed home homeowners housing President tap York

 

That domestic retail investors have become a force to reckon with is evident from the huge amount of money they have poured into the market after demonetisation — Rs 1 lakh crore in the first seven months of the year. However, only a small portion of domestic savings is going into equities.Equity savings as a percentage of financial savings is 6.2% and according to a Morgan Stanley report is expected to reach 10.2% by 2026.

domestic equity fund income investors money mutual Rs Savings tax

 

Guesstimates on August 14, 2017 [-0.10]

Posted on Aug. 14, 2017, 1:11 p.m. by Carl Futia @ [source]

Percentage gains calculated based on one contract traded per $10,000 of account equity and are net of $5 per round turn commission.

calculated commission equity gains net traded turn

 

The board approved the splitting of each equity share into five.“The board has approved the sub-division (split) of one equity share of Rs 10 into five equity shares of face value of Rs 2 each,” said in a statement.The company reported net profit of Rs 161 crore in Q1FY18, in line with an average analyst estimates, due to higher sales volume and higher other income. A combined 568,554 shares changed hands on the counter on BSE and NSE so far.

addition analyst approved board BSE crore equity growth quarter Rs