Tag Archives: S&P BSE SENSEX .

S&P BSE SENSEX Performance during Budget Sessions over the Past Decade

The S&P BSE SENSEX acts as an indicator of the economic growth of the Indian economy.  Any national or international change in economic activity has an impact on the S&P BSE SENSEX.  In India, market participants are interested in knowing how movements in the S&P BSE SENSEX are related to various changes in economic activities. 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 […]

Passive Investing – Myth or Reality? Part 2

Active management, success always? As we discussed before, the success of active management is directly related to its outperformance of the benchmark it is comparing itself with.  In order to ensure consistency, active managers are reluctant to deviate from standards that include this comparison.  This leads them into situations where they may have to hold Read more […]

Passive Investing – Myth or Reality? Part 1

Indexing is certainly not a myth, and while active investing is a popular reality in Indian markets, we are seeing the slow and steady rise of indexed products.  In a recent article, John C. Bogle, the founder of Vanguard Group, said, “We are in the middle of a revolution led by indexing.”[1]  John C. Bogle’s 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 […]

A Closer Look at the SPIVA India Year-End 2015 Scorecard

In 2015, the S&P BSE SENSEX remained volatile and ended in the red, at -3.68%.  In contrast, the S&P BSE India Government Bond Index ended the year in the black, at 8.33%.  The net investment by domestic mutual funds in the Indian equity and debt markets was significantly higher than the net investment by foreign Read more […]

Factor Based Indices in India

The recent turmoil in the Chinese market has taken the global market on a turbulent ride since the beginning of 2016. India was no exception. During the first two weeks of 2016, the S&P BSE SENSEX lost almost 6.37%, making some investors jittery. Foreign investors took out almost INR 34.84 billion from the Indian stock Read more […]

2015 – The Year of Hope and Despair for the India Market

The calendar year (CY) 2015 started with high optimism among domestic and international investors that the recently (September 2014) formed Modi Government would be able to push a reform agenda to help clock GDP growth in India from 8%-10%, if not more. The high expectations could be seen as the S&P BSE SENSEX reached an Read more […]

Does it Have to Be Active OR Passive? Why Not the Best of Both Worlds?

The debate on active versus passive investing is endless, and there are strong arguments on both sides. The active side argues on the advantages of alpha, star fund managers’ year-over-year record performances, better market timing, and better stock picking backed by thorough research. On the other side, there is a strong passive argument for capturing Read more […]

Smart Beta on the Rise in India

Globally, passive investment products have amassed significant assets. According to ETFGI, the global assets parked in ETFs and ETPs stood at USD 2.971 trillion at the end of Q2 2015, surpassing the level of global hedge fund assets. The introduction of smart beta ETFs and ETPs has made it possible to gain exposure to certain Read more […]