The domestic equity market experienced high volatility during the week gone by, with India VIX rising 16.22% on Monday, even as the US equity indices continued to hit fresh highs despite concerns of a hike in corporate tax rate by the Biden administration. Dow continued to inch higher, while the Indian bourses showed signs of … Read more
We continue to believe that rather than trying to buy on a valuation parameter, it is better to get into companies which are currently showing growth visibility and momentum, says Equity Strategist & Senior Group VP, MOFSL. Reliance is more of a platform company now but when it comes to telecom, it is safest to … Read more
Mumbai: Ayurveda may have started in the Indian subcontinent, but it still accounts for less than a percent of the country’s overall fast moving consumer goods market, said a latest study. The low sales contribution is despite more than a dozen leading companies flooding retail shelves with hundreds of natural and herbal variants over the … Read more
It looks like Torrent Pharma is going to make fresh 52-week highs past Rs 3,100 and possibly even Rs 3,500, says the Chief Market Technician, cashthechaos.com How are you reading the market right now? Today it has been extremely range bound for the front line indices. Is it readying for a big breakout or some … Read more
The first week of July also showed continuation of the momentum that we saw in June but now in the second and third week of July, things are probably tapering off a bit, says the CIO of Max Life Insurance. Last time we spoke you were still a little cautious and valuations were continuing to … Read more