Jpmorgan Indian Investment Share Discussion Threads

[brahmsnliszt] 07/8/2017 12:27

been in JII for a few years now. bought more on a break of previous res at 740. whats last NAV .... around 843 ?

bargain here imo .

[arja] 01/8/2017 11:01

I have just checked that out and strangely both have gone up by about 25% since start of 2017 - suggests the currency has not changed much or discount to NAV has narrowed or widened .

[arja] 01/8/2017 10:55

also, how does compare growthwise to the Indain indices ?

[arja] 01/8/2017 10:54

I have just edged in with a CFD but do not follow the fortunes of the rupee against sterling . If pound gettting stronger , this will have an adverse effect on JII share price . Does anyone who has followed this have any thoughts please ?

[loganair] 26/7/2017 22:11

Nifty on Tuesday created history by conquering another peak of 10000. The rollout of goods and services tax (GST), good monsoon rains, dollar inflows into the country and declining inflation have given stock market bulls an unprecedented booster shot. The theory that the two government moves--domonetisation and GST -- have helped reduce black money in circulation, and that many are diverting money into stocks has gained ground.

India's economic growth is slowly gaining pace after a slow-paced year that has given the market another shot in the arm. The International Monetary Fund (IMF) retained India's economic growth projections at 7.2% in 2017-18 and predicted 7.7% growth in 2018-19, marginally up from 7.1% in the previous year. India's growth, says IMF, will accelerate to 7.7% in 2018-19. It says the growth in India is likely to pick up further in 2017 and 2018, though it is certain that the growth rate clocked in 2015-16 would not be achieved even in 2018-19.

While maintaining the same global economic growth rate at 3.5% in 2017 and 3.6% in 2018, IMF predicts that India's economy would be the fastest growing among large economies. China's economy is projected to grow by 6.7% in 2017, up 0.1% from the April forecast, and 6.4% in 2018, up by 0.2% from earlier forecasts by the IMF.

This is indeed positive news for India's stock markets. Nifty took 11 years to reach 5000 and another 10 years to cross 10000. Investors will keep a close watch on Nifty's next moves.

[loganair] 10/7/2017 21:36

India seen as global growth pole, and not China, for the next decade:

India to feature on top of the list of the fastest growing economies till 2025 with an average annual GDP growth of 7.7%, according to a Harvard University study.

“The economic pole of global growth has moved over the past few years from China to neighbouring India, where it is likely to stay over the coming decade,” the CID research suggested.

The study attributed India’s rapid growth prospects to the fact that it is particularly well positioned to continue diversifying into new areas, given the capabilities accumulated to date.

“India has made inroads in diversifying its export base to include more complex sectors, such as chemicals, vehicles, and certain electronics,” the growth projection pointed out. “The major oil economies are experiencing the pitfalls of their reliance on one resource. India, Indonesia and Vietnam have accumulated new capabilities that allow for more diverse and more complex production that predicts faster growth in the coming years,” it added.

Stating that economic growth fails to follow one easy pattern, the study said, “The countries that are expected to be the fastest growing—India, Turkey, Indonesia, Uganda, and Bulgaria—are diverse in all political, institutional, geographic and demographic dimensions.”

“What they share is a focus on expanding the capabilities of their workforce that leaves them well positioned to diversify into new products and products of increasingly greater complexity,” the new growth projections by CID added. Besides, the projections divide countries into three basic categories—the countries with too few productive capabilities to easily diversify into related products.

Secondly, the countries that have enough capabilities that make diversification and growth easier, which include India, Indonesia and Turkey. Last, the advanced countries such as Japan, Germany and the US that already produce nearly all existing products, so that progress will require pushing the world’s technological frontier by inventing new products, a process that implies slower growth.

Growth in emerging markets is predicted to continue to outpace that of advanced economies, though not uniformly says CID’s new growth projections. The growth projections are based on measures of each country’s economic complexity, which captures the diversity and sophistication of the productive capabilities embedded in its exports and the ease with which it could further diversify by expanding those capabilities.

[loganair] 03/4/2017 11:07

Abheek Barua believes India is protected from the 'downside' that emerging markets might face, but is likely to ride the upside when the EM boat rises.

India appears to be in the sweetest of sweet spots as far as its financial markets go, but there is a need to find concrete solutions to the gap between unemployment and headline GDP growth, says Abheek Barua.

Investors seem to be happy with the fact that the government can take bold steps like demonetisation, the GST mess seems sorted, that there is political continuity, and a strong and visible leadership.

"Indian economy is expected to grow at 7.2 per cent in 2017 and at the rate of 7.7 per cent in 2018,"

"India has huge unmet infrastructure funding needs... USD 646 billion is required in next 5 years (for financing infrastructure).

[pjw956] 13/3/2017 20:44

well , yes, one day ...

[loganair] 24/2/2017 10:27

The Indian economy is growing strongly and remains a bright spot in the global landscape despite temporary setback due to demonetisation, the IMF mission chief for India, Paul Cashin said.

In its annual country report on India, the International Monetary Fund (IMF) on Wednesday said growth is expected at 6.6 per cent in this financial year and at 7.2 per cent in the following year.

Continued fiscal consolidation, by reducing government deficits and debt accumulation, and an anti-inflationary monetary policy stance have helped cement macroeconomic stability, he added.

Noting that the government has made significant progress on important economic reforms, which will support strong and sustainable growth going forward, Cashin said the upcoming implementation of the goods and services tax (GST) will help raise India's medium-term growth to above eight per cent.

GST will enhance the efficiency of production and movement of goods and services across Indian states, he said.

However, there is little scope for complacency.

"A key concern for us is the health of the banking system, which is still dealing with large amount of bad loans, and also heightened corporate vulnerabilities in several key sectors of the economy," he said.

Responding to a question on demonetisation, he said the strong shortage of cash has disrupted economic activities.

However, he said the Indian Government appears to have that taken measures to alleviate payment disruptions, such as temporarily allowing use of old banknotes for purchases of fuel and agricultural inputs, have helped mitigate the negative impact.

"So we expect the slowdown to be limited and relatively short-lived and the financial system to come through unscathed. Of course, potential loan repayment risks should be monitored carefully, particularly given an already elevated level of non-performing loans," Cashin said.

[loganair] 22/2/2017 10:16

Indian economy to reach $5 trillion by 2025: Morgan Stanley


India's millennial population is a massive disruptive force and driven by this supportive demographics along with government's policy action, Indian economy is likely to reach $5 trillion by 2025, says a report.

India’s millennial population is a massive disruptive force and driven by this supportive demographics alongwith government’s policy action, Indian economy is likely to reach USD 5 trillion by 2025, says a report. India’s USD 2.2 trillion economy makes it the seventh largest in the world in terms of nominal GDP (and the third largest in PPP terms), but the country’s per capita income is less significant. With a per capita income of USD 1,700, India ranks well behind some of the key emerging markets, like China, Russia, Brazil, Indonesia, the Philippines, Mexico, and Turkey. “We expect a confluence of supportive factors, led by demographics, government policy action, and globalisation, to lead to a sustained period of productive growth in the medium term,” Morgan Stanley said in a research note adding “in our base case, we expect the Indian economy to reach USD 5 trillion by FY2025.

By financial year 2024-25, Morgan Stanley expects per capita income to rise 125 per cent to USD 3,650.

The report said India’s millennial population of 400 million is the largest in the world and is armed with around USD 180 billion in spending power and with high smartphone adoption and widespread availability of mobile broadband infrastructure, it will become a disruptive force faster than most businesses expect.

The population dynamics will therefore be a key force in shaping India’s overall growth trajectory and also in shaping how product markets will develop as the preferences of the population evolve, Morgan Stanley said.

The report, however, noted that the demographics factor alone is not sufficient for an acceleration in GDP growth. It is important that the working age population is adequately skilled to participate in a globalised competitive environment.

“The next leg of harnessing this young and better skilled population would require creation of adequate employment opportunities, which is an opportunity and a challenge for India,” it said.