Days after President Trump proposed capping credit card interest rates at 10%, corporate executives warned that the policy would have wide-ranging ramifications and possibly hurt consumers if enacted. “If it happened the way it was described, it would be dramatic,” JPMorgan Chase CEO Jamie Dimon said on the company’s earnings call. JPMorgan is the nation’s … Read more
As India’s earnings season gets underway, banks are emerging as the standout performers, with analysts and investors expressing optimism about the sector’s near-term prospects. Ashwini Agarwal, Founder, Demeter Advisors in an interview to ET Now emphasized that the sector continues to offer value. “Banks and financials as a space looks quite interesting because valuations are … Read more
As the Indian earnings season gears up, market experts are keeping a close eye on private banks, consumption plays, metals, and the IT sector, with expectations of gradual growth acceleration in the coming quarters. “Banking clearly, the private banks is far more structural story. I mean, they can continue to grow at a pace higher … Read more
“That’s a positive sign as we look ahead, because the so-called slowdown in the economy may not be as severe as many had feared. This could mean that as we move into the second half of the year, the worst of the downgrade cycle may be behind us, and we might even start to see … Read more
“It is a kind of bottom-up stock pickers market. So, the companies which are likely to perform well over the period of next three to four quarters are likely to be on radar of investor,” says Sunny Agrawal, SBI Cap Securities.It has been a decent recovery in April. What do you think this month has … Read more
Anshul Saigal, Founder, Saigal Capital, believes that tariffs will positively impact India, creating a buying opportunity after initial volatility. Significant value remains in the market, particularly in companies benefiting from volume and price increases, and those currently undervalued. Pharma, especially CDMO, and metals are identified as attractive sectors, while tech, despite its potential, is currently … Read more
Dipan Mehta, Director, Elixir Equities, says the question that everybody on the Street will ask the IT company is how big is this AI opportunity. Is it for real? Is it going to translate into double-digit growth rates for the next four to five years for IT companies? If we get a positive response over … Read more
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors in emerging markets: sinking corporate profits. With 96% of companies in the MSCI Emerging Markets Index done with their quarterly results, the earnings season is almost over. And the picture isn’t pretty — Almost half … Read more
U.S. stocks fell on Wednesday as investors digested minutes of the Federal Reserve‘s most recent meeting but Nvidia‘s shares rose about 6% after the close on the semiconductor bellwether’s stronger-than-expected revenue forecast. The news also drove gains in other chipmakers. Investors had focused on whether Nvidia‘s first-quarter results could meet sky-high expectations and whether the … Read more
The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive U.S. monetary policy. The other Wall Street benchmarks cooled a touch as momentum stalled and U.S. Treasury yields rose on … Read more