Over the past week, benchmark indices faced profit booking at higher levels. The Nifty declined by 1.22%, while the Sensex shed 925 points. Among sectors, the FMCG index outperformed with a 2.20% gain despite the overall weak market sentiment. In contrast, the Defence and IT indices saw steep declines, falling 4.50% and 3.90%, respectively. Throughout … Read more
Minister for Civil Supplies Nadendla Manohar. | Photo Credit: File Photo Civil Supplies Minister Nadendla Manohar has said the State government is not opposed to rice exports as long as they are in accordance with official guidelines. Addressing a review meeting with Joint Collectors and Civil Supplies officials from Kakinada, Visakhapatnam, and Nellore districts, at … Read more
“You have seen the reaction to gold prices, to crude oil prices. All of this we seem to be getting into kind of an environment of moderate inflation, subdued inflation, that has traditionally always been a challenge or a pain for India. So, clearly, honestly from a sentiment point of view and the emerging macro … Read more
Markets ended the week on a cautious note, marking the second consecutive week of consolidation. This subdued performance came amid ongoing global trade tensions and anticipation surrounding domestic policy developments. The benchmark indices, the Sensex and the Nifty, witnessed notable volatility through the week, eventually closing lower as investors reacted to uncertainties over U.S. tariff … Read more
“And in terms of consumption, companies who are into catering to upper middle class or affluent part of the Indian consumers, those companies should do well and partially, selectively on the domestic pharma that we are bullish,” says Dikshit Mittal, LIC Mutual Fund. Let me start by asking you, what are you making of the … Read more
“There are no major risks around from a fundamental perspective. Now, any news flow can develop which can create short-term volatility, which cannot be controlled. So, net-net I am not feeling very negative about markets,” says Vikas Khemani, Carnelian Asset Management.Lots is happening in the market right now. You have the Moody’s downgrade coming in … Read more
In the last five trading sessions leading up to May 02, the Sensex rose by 0.88%, adding 701 points to close at 80,501. The index finished higher on three of those five days. During this modest market upswing, four stocks from the BSE 500 consistently posted gains throughout the 5-day period. (Data Source: ACE Equity) … Read more
In this edition of ETMarkets Smart Talk, Vikram Kasat, Head of Advisory at PL Capital, shares his perspective on the current market landscape amid geopolitical tensions and global uncertainty. While concerns around India-Pakistan relations and global tariff risks have caused volatility, Kasat believes such events are typically short-lived and unlikely to derail long-term growth prospects. … Read more
“The perspective is very simple that macro for India as I had indicated in January had bottomed out and more importantly, we are continuing to see some degree of improvements in macro,” says Venugopal Garre, MD, Bernstein.I want to first start off with your January upgrade thesis. While you were right about as to how … Read more
“Overall sense is that the news developments can turn positive because both auto and steel overall the tariff is still there, but when you look at the news flow, it is possible that US might give some leeway in terms of certain segments for autos talking about China,” says Pankaj Pandey, Head Research, ICICIdirect.com.Let me … Read more