July Newsletter - 2020
- Mitraz Financial
- Jul 31 2020
Financial News SEBI's new margin rules, effective from Sept 1, 2020 Margin required to buy stocks. Prior till Sept. 1st, there was no margin collection and reporting for cash market transactions. From Sept.1st, all clients will need to have VaR+ELM margins (VaR - Value at Risk, ELM – Extreme Loss Margin) for cash/stock transactions. Therefore to take intraday positions, the maximum leverage available will be 100 divided by the (VaR+ELM)*2. This would seriously reduce the volume of trades happening...
Market Commentary – Kites fly but come down
- Satish Anand
- Sep 23 2020
In this latest edition of the newsletter. we have covered details on the following:SEBI's new margin rules, effective from Sept 1, 2020, effective on the cash markets for buy as well as sell transaction.The charm of sectoral and thematic and its effects on a well-diversified portfolio.What are RBI’s OMO operations?Details on the Honourable Supreme Court’s decision to grant a timespan of 10 years to pay the statutory dues to the government.To Read the Newsletter Please Find the Link at the end...
May Newsletter - 2020
- Mitraz Financial
- Jul 2 2020
FINANCIAL NEWSA committee appointed by the Reserve Bank of India (RBI), headed by the chief executive of Indian Banks’ Association (IBA) and consisting of representatives from all stakeholders, except bank customers, has recommended an increase in interchange charges for all transactions carried out on automated teller machines (ATMs) across the country. The committee also wants to cap cash withdrawal limit at Rs.5,000 per transaction and levy charges for any larger amount.The Union government...
The Virus and the Carpenters of Growth - Market Commentry
- Satish Anand
- Jun 30 2020
Globally, News continues to be dominated by things about and related to Coronavirus. In this edition of the newsletter, we have covered: 1. Steps to be taken post taking a contingent Insurance life cover. 2. Differences between an accrual debt fund and a duration-based debt fund. 3. NPS Tier I and Tier II accounts 4. Change in IT rules for the current year. Please check the link at the end of this blog to read our Monthly Newsletter. Stay Uninfected, Stay Invested. Market and COVID related...
April Newsletter - 2020
- Mitraz Financial
- May 26 2020
Financial News SEBI relaxes buyback regulation to enable the quicker raising of funds in times of the coronavirus pandemic. Currently, the buyback regulation disallows fresh raising of capital for a period of 1 year from expiry of the buyback period. SEBI has with immediate effect, reducing the 1 year period to 6 months applicable till Dec 31st 2020.SEBI on April 30th gave a three-month extension till June 30 for liquid funds to comply with the requirement of holding at least 20% of their assets...
Next Steps after the Market Scenario over Coronavirus | Market Commentary
- Satish Anand
- Mar 13 2020
In this edition, we have covered details related to SEBI’s initiatives to curb the POA misuse by brokers.SEBI’s amendments to the Investment Adviser Regulations.The finer points on the Viwaad se Vishwaas Scheme of the Union BudgetThe perils of not looking at real inflation.Market CommentaryIt is all about floating above the water level!!Sometimes there is no escape from getting drenched or wet. If one can keep the head above the water level, there is always a 100% chance that at some point in...
Know your Risk Profile in and with 20/20 - Happy New Year 2020!
- Anup Bansal
- Dec 31 2019
Another year is going by and we all are ready to welcome the New Year 2020. The start of the new decade will see Mitraz reaching and celebrating an important milestone – a decade long existence since 2010.The Year 2019 started with high expectations about market recovery which were further elevated after a bigger mandate for BJP in Lok Sabha Elections in May 2019. However, the euphoria was short-lived with budget dampeners, GDP falling to 4.5% during July – Sep quarter and high unemployment....
Stock Market Is Up - What Should I Do?
- Anup Bansal
- Sep 22 2014
Nifty has given an absolute return of 29% since the beginning of this year and relevant questions in every one's mind are should I invest more or should I book profits? Where are the markets headed? Many savvy investors, learning lessons from 2008 crash, do not want to be caught in the downward spiral, if it were to happen in the future. But at the same time, they don't want to be left behind in the participation of the India story especially after the positive sentiment created with the election...
Volatility is your friend!
- Anup Bansal
- Feb 6 2018
Today the Indian stock market fell by around 1.5% and has fallen by around 4.8% in the last four sessions since the budget. We all are feeling the pain of the downturn and the rise in the volatility. Just to put things in perspective, even after this correction, the Indian equity market has given a gain of 19.3% in the last 1 year and 42.1% in the last two years.What is volatility? It is the day to day unpredictability of markets. If there are too many changes in stock prices every day then the volatility...
FOMO
- Anup Bansal
- Jan 26 2018
I happened to be on Dalal Street on the day Sensex crossed the mark of 35,000 on 17th January. There was the crowd, there were cameramen, there were balloons, the environment was charged with jubilation and the celebrity was SENSEX!Then, the news cried out loud this week "....the Sensex took just five trading sessions (January 17-23) to reach the historic 36,000-level from 35,000....". And, you may have been going slow with equity investments anticipating a downturn in the market due to the high...
