Dipan Mehta, Director, Elixir Equities believes the defence sector has moved into a more mature phase, with most companies already well understood by investors. Speaking to ET Now, he said the market has largely priced in the existing order book strength of defence players. “All defence stocks are pretty much well discovered and their order … Read more
The markets traded in a largely rangebound manner through the previous week and ended on a mildly negative note. After testing a high of 26097.85, the Nifty failed to hold on to its gains and pared back, ending slightly lower on a weekly basis. The Index oscillated in a narrow 386.65-point range over the week. … Read more
Mumbai: India’s stock indices ended marginally higher on Thursday, giving up most of the early gains that were fuelled by the overhaul of the country’s goods and services tax (GST) late Wednesday. The indirect tax revamp is aimed at boosting consumption and simplifying compliance to boost growth and cushion the economy from the impact of … Read more
“These are the two or three key factors dragging the market. However, on the domestic front, the macro setup looks decent—monsoons have been good so far, interest rates remain low, and liquidity is improving. These factors should bode well for the second half of the year. The third and fourth quarters could see better performance,” … Read more
“If I was to pick something within the new-age companies, I definitely would go with Swiggy or Eternal or Policybazaar and not Nykaa,” says Hemang Jani, Independent Market Expert.What is it that you are making of the market structure? I guess, all things in control at least when it comes to the macro data points, … Read more
Dipan Mehta, Director, Elixir Equities, says the stock market is closely monitoring developments in West Asia and the conclusion of President Trump’s tariff pause on July 9th. These events are causing some investors to withdraw funds and await the outcomes. However, positive fundamental news, including improving monsoons and interest rate cuts, is supporting the equities … Read more
“Pace of recovery will depend on the pace at which profitability sustains and stabilises and volumes improve. But on risk-reward now after a period of three-four years we are now coming to a stage where as a contrarian investor one could start evaluating investing in this stock,” says Sandip Sabharwal, asksandipsabharwal.com. Let me just talk … Read more
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says the market will initially rejoice on possibilities of US-China sitting down and negotiating and start thinking in terms of positive outcomes. But he will be a little cautious. There are significant challenges or points of disagreement between China and the US. It will take a lot of negotiation … Read more
“We are only trying to navigate any short-term noise that may show up. So, wait for those because you will get dips along the way. Nothing is going to be one way and just use that as an opportunity,” says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. For the last two sessions, Nifty has … Read more
Gold is often viewed as a safe haven by the majority of investors, providing a sense of security that their investment is protected in a dependable asset. Over the last two years and even the last 25 years, gold has shown superior performance compared to equities on a global scale. In a recent analysis, Nithin … Read more