Investors dump stocks, seek safe havens as bank fears flare

THE ECONOMIC TIMES Fri, Feb 12, 2016 | 08:04 AM IST ET Investment Opportunities

Investors dump stocks, seek safe havens as bank fears flare Rout began in Europe where the FTSEurofirst 300 index shed 3.4 percent to its lowest since late 2013, led by a near 6 percent dive in the banking sector. Can PSU banks be a multibagger opportunity for stock investors? Most of the PSBs have plunged more than 50 per cent in the past 12 months, which include names like BoI (down 60%), OBC (down 57%), Canara Bank (down 55%). Five deadly mistakes you must avoid when the stock market turns volatile But retail investors are often driven by frenzy and herd mentality. Street veterans warn investors to avoid crucial mistakes that can ruin their portfolios. After IPO frenzy, many newly-listed stocks bleed on depressed earnings Many newly-listed companies showing deteriorating fundamentals are getting hit, while those reporting decent numbers are being spared the bear hammering. When not to take online route for buying financial products When buying a financial product sometimes you may want to look beyond the ease of transaction and low cost and taking the traditional offline route may seem wiser. Investors turn to safe haven assets like sovereign bonds & gold amid global concerns Amid concerns over slowing China and soft oil prices, investors across markets are buying safe haven assets like sovereign bonds and gold. Crude-Equity relation highest since 1990, fund managers face tough job The global equities and crude oil price are moving in lockstep, a rare phenomenon that has made the job of fund managers harder. With dollar index peaking, sectors like metals, mining may outperform defensives Depreciation in the index leads many traders to change their tactical stance from risk-off trades to risk-on trades, or towards more allocation to risky assets. Bloodbath on D-Street: Five reasons why Sensex slumped by over 800 points The benchmark indices are trading well below their support levels. But, analyst see further decline in markets which could take Nifty50 towards 6,700 levels. Did you say bear phase? 5 myths shattered about Indian market A 20 per cent fall in Sensex signifies the onset of a bear market. If the market stays around these levels for two months, the bear phase will get confirmed.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Sylph Education Solutions Ltd. 12.00 10-02-2016 15-02-2016 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   HDFC FMP 1148D Feb 2016 (1) Direct-DQ Debt: FMP Closed-end 08 Feb 2016 15 Feb 2016 5,000 HDFC FMP 1148D Feb 2016 (1) Direct-G Debt: FMP Closed-end 08 Feb 2016 15 Feb 2016 5,000 HDFC FMP 1148D Feb 2016 (1) Direct-D Debt: FMP Closed-end 08 Feb 2016 15 Feb 2016 5,000 HDFC FMP 1148D Feb 2016 (1) Reg-D Debt: FMP Closed-end 08 Feb 2016 15 Feb 2016 5,000 HDFC FMP 1148D Feb 2016 (1) Reg-DQ Debt: FMP Closed-end 08 Feb 2016 15 Feb 2016 5,000 More >>

Real Estate News

2.45 lakh vacant houses mock at Modi government's housing for all dream BJP-ruled Gujarat, Maharashtra, Delhi, MP and Andhra Pradesh are top 5 states that account for almost 70% of the vacant low-cost houses.

Home sales improve 7% in December quarter across top eight Indian cities Across the top cities, total new launches in the quarter decreased 11% to 67.1 million sq ft with Bengaluru witnessing the highest addition of 15.8 million sq ft.

NCR's Cybercity, Bengaluru's Koramangla see 10% rise in rentals due to growing demand from startups Growing demand for commercial space from startups in India led to a 10% increase in rentals in the hubs for these companies over the past one year.

Consortium to bid for 40% stake being sold by DLF's promoters in rental arm The marquee asset mainly includes office buildings in Gurgaon's prime Cyber City area & also in Chennai, and Hyderabad where blue chip companies have their offices.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Tax Advantage Sr II Direct-G Equity: Tax Planning Closed-end 03 Nov 2015 15 Mar 2016 500 Sundaram Long Term Tax Advantage Sr II Direct-D Equity: Tax Planning Closed-end 03 Nov 2015 15 Mar 2016 500 Sundaram Long Term Tax Advantage Sr II Reg-G Equity: Tax Planning Closed-end 03 Nov 2015 15 Mar 2016 500 Sundaram Long Term Tax Advantage Sr II Reg-D Equity: Tax Planning Closed-end 03 Nov 2015 15 Mar 2016 500 UTI Long Term Advantage Fund Series III Reg-D Equity: Tax Planning Closed-end 18 Dec 2015 22 Mar 2016 500 More >>

Views and Recommendations

PSU banks' NPAs must be corrected: Anand Tandon, Independent Analyst 11 February, 2016, 12:12 PM IST In a conversation with ET Now, Anand Tandon, independent analyst, shares his outlook on public sector banks. Sell on SKS Micro Finance with a target at Rs 539 11 February, 2016, 12:00 PM IST 'Sell call on SKS Micro Finance where I expect it to fall to around 500 levels so you could sell it at these levels and slightly higher at 539 too with a stop loss at 555' Sell on Mahindra & Mahindra Futures with a target at Rs 1090 11 February, 2016, 11:59 AM IST 'Mahindra & Mahindra Futures is a sell call with a stop is Rs 1240 and a target at Rs 1090' sell Sell Kotak Bank with a target at Rs 615: Mitesh Thacker 11 February, 2016, 11:41 AM IST 'Sell on Kotak Bank, that is a conditional sell, might be triggered in the next few minutes, sell below Rs 650 with the stop at Rs 666, for targets close to about Rs 615'

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