“Midcap segment is extremely expensive and that is something we will wait out and see how it plays out,” says Aniruddha Naha, PGIM India.What do you make of the market setup? A lot of stocks have corrected because the headline index is down 10% from highs, but if you look at a lot of midcap … Read more
The Indian market closed flat on Tuesday with a negative bias. The BSE Sensex fell 83 points while the Nifty50 managed to close above 23,700 levels. Source link
“We need to just, if there is some dip, if there is some fall in some stocks which we think should do well over the long term, just buy them on dip days and keep on accumulating because firstly, no bear market is imminent and secondly, markets did give a reasonable correction and I do … Read more
Friday’s market surge lifted the weak indices, ending the week on a positive note. Easing food inflation, A gradual easing in food inflation and a price hike by FMCG companies, along with a recent correction in valuation, supported the sector to outperform. Additionally, the expectation of an increase in US spending is propelling the IT … Read more
Jammu and Kashmir L-G Manoj Sinha with WCC President Saad Al-Qaddumi during the 60th jubilee celebrations of World Craft Council, in Srinagar, on November 26, 2024. | Photo Credit: PTI The focus on Kashmir’s famed handicrafts sharpened on Tuesday (November 26, 2024) as members of the World Crafts Council (WCC), an international advocacy body, announced … Read more
IRFC Share Price 142.15 03:59 PM | 22 Nov 2024 0.49(0.34%) Suzlon Energy Share Price 65.22 03:59 PM | 22 Nov 2024 -0.11(-0.17%) IREDA Share Price 185.5 03:59 PM | 22 Nov 2024 0.92(0.5%) Tata Motors Share Price 791.0 03:59 PM | 22 Nov 2024 17.15(2.22%) YES Bank Share Price 19.21 03:59 PM | 22 … Read more
“If you have such a frothy valuation 120 times, market is very unrelenting and that is why we have seen this kind of a strong cut. Yes, I do agree, it should be a good time to start accumulating. I would not say go out and buy at one shot, but it is a good … Read more
“There are some global factors as well that what is the trajectory of China’s stimulus, so that has been one of the key factors, which in the last year, when some of the FIIs might have thought about China also as an investment class. But after that, again, China has corrected as well,” says Shreyash … Read more
“So, you should be prepared for some disappointments going ahead as well. So, that will keep the market in a tight band. If you look at the overall index level, I do not think you can see a breakout in the near term,” says Madanagopal Ramu, Head Equities & Fund Manager, Sundaram Alternates. Well, overall, … Read more
“And over the next, I would say six months, expecting 4% to 6% of a price correction and maybe six months of the time correction is something which I would be more than happy to have in the market because that would really bring back the health and the strength of the market back,” says … Read more