Some monopoly groups like Adani, Ambani are sitting on an ecosystem which allows them to consolidate and buy out assets but the rest of India is deleveraging and saying stay off business, says the CEO, Dimensions Corporate Finance. What is your sense when it comes to some of the key banking names?ICICI Bank has sold … Read more
There is a mega bull market playing in midcap IT and we have been recommending some stocks in this space to our subscribers, says the Founder & Chief Strategist at Goldilocks Premium Research. Let us talk about this relentless move. Now we are at 11,600. Do you reckon that we are in for a bout … Read more
75% of the companies are contemplating seriously having a China Plus One production strategy. If this really goes through as also the targeted efforts that the government is making will lead to some degree of success in terms of make in India, says the MD, Co-head India Equity Research & Equity Strategist, BofA Securities. How … Read more
Opportunities keep coming, we have to be ready to embrace them when it comes and encash them and build on them. You have to be early in the game and you have to be ahead of the crowd, says chairman, MOFSL. How should investors look at banks? First bad news will come and then good … Read more
People want to hold on to their gold positions as they see how the inflation story plays out, says the Emerging Markets Commentator. There are two very different cues. On the positive side, jobless claims have fallen below a million in the US and on the negative side, IEA has cut global oil demand for … Read more
Motherson Sumi Systems on Tuesday posted a consolidated net loss of Rs 1,191.65 crore for the June quarter as the business activity was badly hit by Covid-19 pandemic. An ET NOW poll of analysts had projected the figure at Rs 540 crore. The auto ancillary firm had reported a profit of Rs 360.64 crore in … Read more
Titan Company on Monday reported a standalone net loss of Rs 270 crore in the quarter ended June 2020 against a profit of Rs 371 crore a year ago, hurt by Covid-19-induced lockdown. The figure was significantly higher than analysts’ expectations. An ET Now poll had projected a net loss of Rs 127 crore for … Read more
The PE continues to look expensive. But FY21 being washed up, people will be looking at FY22 and that is where the comfort will come from, says the Co-CEO, Avendus Capital. They say do not ask fund managers what they feel, ask them what they are doing and that tells their right position. How is … Read more
By Chandra Srikanth It is important that if there are going to be regulatory actions, then it should not appear in the form of an interim final rule. People should be allowed to make a comment on that, says Shivendra Singh, Vice-President & Head. President Donald Trump on Monday signed an executive order preventing federal … Read more
This year you may actually end up underestimating the earnings and this quarter till now has demonstrated just that, says CIO, ValueQuest Investment Advisors. How do you think this market will manage to climb the wall of worry?As long as the worries persist I guess. The way I think about this market is that the … Read more