Saturday, November 22, 2014

India ninth biggest Market in the world

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

India ninth biggest Market in the world

India overtakes Switzerland to become the ninth biggest market in the world

 

India and Switzerland may be tussling over black money and the nuances of tax treaties but here is one area where there is no need for any argument. India has just raced past the maker of delicious cheese, watches and home to secretive private banks to become the ninth biggest market.

 

The combined market capitalisation of India's publicly listed companies briefly crossed ` . 100 lakh crore on Tuesday for the first time in its history as yield chasing investors bet that the country's incipient recovery would strengthen in the coming years and that opportunities are attractive despite a stunning, world-beating 33% gain for the Sensex in 2014.

 

 Though markets fell later in the day and the . 100 lakh crore high could not ` be sustained, the performance caps a record period for India's equity markets which began climbing last year after the IMF economist Raghuram Rajan assumed charge of the country's monetary policy and began to set things right for the battered rupee. India's market capitalisation has risen 41% so far this year, highest among all countries on the back of ` . 93,000 crore investment by foreign institutional investors. In the last three months alone, FIIs have invested ` . 21,727 crore. A blip in October (. `892 crore) has been followed by investment of . 8,283 crore so far in November, ` the best monthly figure since August.

We are very positive on India as the country's prospects of economic recovery look bright. Though stocks have run up sharply, they are not so expensive as earning to pick in coming quarters.



 

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

Leave a missed Call on 94 8300 8300

Leave your comment with mail ID and we will answer them

OR

You can write back to us at

PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

---------------------------------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

      1. DSP BlackRock MicroCap Fund
      2. Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF

0 comments: