Tag Archives: BSE

Introducing the S&P BSE Diversified Financials Revenue Growth Index

During the first half of 2018, Asia Index Private Limited launched the S&P BSE Diversified Financials Revenue Growth Index. It is the first index of its kind in India, and it seeks to measure the performance of private (non-state-owned) stocks from the S&P BSE 500 in the finance sector. The index includes the top three Read more […]

Getting to Know the S&P BSE 500

Over the past three to four decades, the Indian equity market has witnessed significant growth, on account of increasing foreign capital flows and participation by domestic institutional investors. The expanding depth and breadth has brought a stronger demand from market participants for suitable benchmarks. The S&P BSE SENSEX launched in 1986 and was the first Read more […]

Evolving From Single-Factor to Multifactor Investing

This article is the third in a series of blogs. The previous two were titled “Factor Investing 101” and “How Do Single Factors Perform in Different Market Regimes in India?” This blog discusses sectoral tilts of different single factors and  varying correlations between factors in different market cycles. In our report, sector bias typically existed Read more […]

Capital Market Performance during Three Years of Narendra Modi Government

On May 16, 2014, Lok Sabha election results were announced and India gave a clear mandate to Narendra Modi’s Bharatiya Janata Party to form the government.  Narendra Modi was sworn in as the 14th Prime Minister of India on May 26, 2014, and his government recently completed three years of being in power.  In these Read more […]

MidCap: A Sweet Spot in the Indian Equity Market

The mid-cap space has often been described as the “sweet spot” of equity investing—and with good reason.  Mid-cap companies tend to offer a balance between the high growth (and high risk) offered by small caps and the stability (but relatively slower growth) of large caps.  Additionally, Indian mid-caps have a more diverse sector representation than Read more […]

How Did Indian Equities and Fixed Income Fare in 2016?

What a year 2016 was—from concerns about slowing down of the Chinese economy and a surprise vote by the UK to exit the EU to a continued trend of low-to-negative interest rates among major economies globally, demonetization in India, the shocking victory of Donald Trump in the U.S. presidential election, and finally, the U.S. Federal Read more […]

The New Generation of Green Investors

In recent years, socially responsible investing has gained importance among market participants worldwide.  There has been an increase in the number of those who have become socially conscious and want their investments to go to businesses that acknowledge the relevance of environmental, social, and governance factors to doing business.  Green investment is considered a subset Read more […]

Smart Beta in India

2016 has been an unpredictable year on many fronts, whether it was Leicester City FC winning the Premier League, the Brexit, or the U.S. election results.  In India, “demonetization” and the Goods and Services Tax (GST) are fundamentally altering fund managers’ target portfolios.  Active institutional fund managers have the benefit of professionally run research teams. Read more […]

India: Market Update for Q3 2016

Buoyed by a good monsoon season, an increased inflow of funds by foreign portfolio investors (FPIs), the passage of a goods and services tax (GST) bill in the upper as well as lower house, and the possibility of an interest rate cut due to low to moderate inflation, the Indian capital market posted its second-best Read more […]

One Year of NaMo and India’s capital market

One year ago (in May 2014), the majority of the citizens of India voted for NaMo (Mr. Narendra Modi, Prime Minister of India), with hopes for “Aache Din” (days of prosperity) for the common man of India through the eradication of corruption, increased transparency, faster growth, recuperation of black money stashed abroad, and improved infrastructure, Read more […]