COVER STORY
Indian Equity Markets: Performance Analysis in 2009
-- M Syam Babu, Dr. B Ramachandra Reddy and Dr. G Narasimhulu
After the global meltdown in 2008, the year 2009 was one of recovery – instilling hope
amongst equity investors. The Indian equity markets witnessed a sharp upward rally from the lows that were
witnessed in March 2009. Positive economic data from the Western world, improving consumer
confidence, increasing industrial production, and rising domestic consumption are some of the factors that have
lent strength to the equity markets. This article analyzes how the Indian equity markets performed in 2009.
© 2010 IUP. All Rights Reserved.
ECONOMY
Dubai: The Fear Factor
-- Renu Goyal and Ameena Parveen
The recent announcement by one of the largest property developers in Dubai – Nakheel, a division
of the debt-oppressed Dubai World– seeking the suspension of Islamic bond's trading triggered panic
among the investors. Dubai World also approached the creditors for a six-month freeze on its debt
repayment. Will the global economy convalescing from the recent financial crisis, be able to confront this new
financial turmoil in the Middle East?
© 2010 IUP. All Rights Reserved.
ECONOMY
Goods and Services Tax: A Road Map Ahead
-- I Bhanumurthy and Shekhar V Sawant
The central government is planning to introduce the Goods and Services Tax (GST) from
April 2010. This will be an important step towards indirect tax reforms in the country. It will create a
common market within India for the first time. This article throws light on various aspects of GST, its features
and advantages.
© 2010 IUP. All Rights Reserved.
MUTUAL FUNDS
In the Green Room of Mutual Fund Products
-- M V Monica
The article summarizes the common steps involved in introducing a new scheme by a mutual
fund house. The six step process, described in the article, helps to understand how products take shape
and are made ready for the market place by mutual fund companies. For beginners in Portfolio
Management and Mutual Funds, this article offers useful guidance on how innovative products are designed.
© 2010 IUP. All Rights Reserved.
MUTUAL FUNDS
Profitability of Systematic Investment Plans
-- Burla Nitin Niranjan
Systematic Investment Plan (SIP) is a method of investing in mutual funds through
small amounts on a regular basis, instead of in a bulk. This article argues that, since SIPs offer
the benefit of rupee cost averaging, they help investors accumulate wealth in a systematic
manner over the long term.
© 2010 IUP. All Rights Reserved.
COMMODITIES
Carbon Credit Trading Mechanism and Indian Scenario
-- Ashish Garg
With the end of the Copenhagen Climate Conference 2009, issues regarding carbon
emissions and carbon trading have surfaced again. Developed countries have been blamed for
their high carbon emissions, which have led to drastic climate changes over the world. So
these countries have been forced to control their carbon emissions, which will lead to more
carbon trading in the international market. This can be taken as an opportunity by developing
countries like India. This article attempts to explain the mechanism of carbon trading and the
Indian scenario in that direction.
© 2010 IUP. All Rights Reserved.
PERSONAL FINANCE
The Metal for All Seasons: Gold
-- Jagannatham Thunuguntla
The recent financial crisis has eroded investor confidence in stock market activity and certain
other investment options such as real estate. As such, investors are increasingly shifting to risk-free
investments. In this scenario, gold has emerged as the most favorable option among both the institutional and
individual investors. What are the unique characteristics of gold that have made it a relatively safe asset? Why has
it become vital to include gold in one's portfolio today? This articles provides answers to these questions.
© 2010 IUP. All Rights Reserved.
RESEARCH ANALYSIS
Optimal Portfolio Construction Using the Single Index Model
-- C Nateson and B Arun Rajesh
Appropriate selection of securities can assure good returns to investors and can
also help to reduce the losses. This article attempts to construct an optimal portfolio by
applying Sharpe's Single Index Model of Capital Asset Pricing.
© 2010 IUP. All Rights Reserved.
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