Pakistan will have to share a slice of the burden in the case of a 'permanent default' of Greece — a possibility though not entirely unlikely.
Equity indices of countries such as Iceland, Ukraine, Russia and Thailand have fallen by nearly 85-90% after they defaulted on debt payments.
Here’s a snapshot of the genesis of the crisis and the possible fallout of Greece exiting the European Union.
The government’s plan to sell shares of its companies through the ETF route has also sparked interest in PSU stocks.
Even as rainfall in June has beaten the forecast of Meteorological department, investors should pay heed more to the rainfall in July since 33% of total rainfall in the season comes in that month as against 15% of total rainfall in June.
PSU stocks such as STC India, NBCC, Hindustan Copper, MMTC, MTNL, GAIL and SCI surged between 5-20 per cent
Since water levels in the Sabarmati and the Krishna are below their long-term average, the adjoining areas would require higher rainfall.
Equities, among all asset classes, is likely to offer the best returns in the next 3 months, according to a Barclays’ survey of close to 900 global investors.
Local heavyweights like LIC, other insurers and mutual funds lead rebound in the market; FIIs remain bearish
Local heavyweights including LIC, other insurers and mutual funds have pumped close to Rs 9,500 cr into equities so far in June.
The dividend income for FPIs between FY06 and FY15 grew 16% annually, while the total dividend of the sample rose by 13% during the same period.
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