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
Putting restrictions against imports to boost manufacturing in India may backfire and we should not get excessively excited on this issue, says the analyst, asksandipsabharwal.com State Bank of India came out with good numbers, especially on the moratorium front. They have a historic loan book which may not be dominated by the salaried class and … Read more
July sales figures show there is light at the end of the tunnel for the auto sector as also the ailing economy in the midst of the uncertainty over the Covid pandemic. While Mahindra & Mahindra’s farm equipment sector notched up the highest ever tractor sales for the month, showing good cash flows to farmers … Read more
August can be a tricky time for markets. It was the month Russia defaulted (1998), China devalued the yuan (2015) and BNP Paribas kicked off subprime meltdown by freezing three of its funds (2007). Plenty could go wrong this August as the world economy staggers under the pandemic, Sino-U.S. tensions bubble and the US. election … Read more
Safety and pricing biggest US concern on Trump pharma order, says Vishal Manchanda, Equity Research Analyst — Pharma. The Trump administration has unveiled executive orders to curb drug prices. We understand four of them have been signed. This will mostly be on capping drug prices. This is not the first time that we have come … Read more
Obviously with the kind of fund flows Reliance managed to get in the Jio platform, some rally was likely to happen but Rs 2,100 was the target of many analysts, one or two years down the line, says the analyst at asksandipsabharwal.com. What has been your take away on ICICI numbers?ICICI Bank results on a … Read more
We got a lift from the market and the efforts of the past have increased the dialer number of customers and we are working on improving customer experience, says Vijay Chandok, MD & CEO. It has been quite a good quarter for you yet again. We have two questions. While other businesses are facing disruption, … Read more
DSP Mutual Fund is a respected name in the mutual fund industry. It has been two years since the fund house parted ways with its foreign partner and started operating on its own. Shivani Bazaz of ETMutualFunds.com spoke to Kalpen Parekh, President, DSP Investment Managers, find out how the fund house fared in the last … Read more
There will be more opportunities for the ARCs and stressed asset funds to do more deals and acquire more assets. They can provide last mile capital and there will be more acquisitions, says MD & CEO Rajkumar Bansal. We are getting reports that there has been a sharp recovery as far as your business is … Read more
On receiving representation from Mauritius, an internal analysis was done by Sebi to evaluate the impact of new regulations on FPIs from Mauritius. SynopsisComing to the pre-Covid period, various regulations were modified. Some of them were rewritten to bring them in sync with the evolving market conditions, to protect investors’ interests and to facilitate investments. … Read more