“Just to give you some more data over here, for the Nifty 50 Index for example we are looking at about 12% growth as far as earnings is concerned for FY2026, but almost 60% of the incremental profits for FY2026 is coming from either the commodity sectors or sectors which are very specific facts, for … Read more
“The problem is if a look at Nifty 50 index as an example, it is looking reasonable given the fact that you have a large number of companies in the Nifty 50 index and those companies have a fairly large weight in terms of contribution to profits of the Nifty 50 index,” says Sanjeev Prasad, … Read more
The Indian equity markets remained under pressure over the past five sessions,witnessing sustained weakness throughout the week. The Nifty50 faced resistance at key levels and struggled to find strong footing as it tested crucial support zones on two separate occasions.Market volatility surged significantly, with India VIX rising by 9.72%to 15.02, signaling heightened uncertainty. The index … Read more
How profits on mutual funds are taxed for a salaried person? In addition to my salary income, I have income from equity mutual funds. How will my tax liability be calculated? Reply by Balwant Jain, a tax expert. How much tax do I have to pay? Calculate now Your salary and profits realized on redemption … Read more
The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more
Indian Bank Ltd, part of the PSU banking space, has rallied more than 60% in the last 6 months which pushed the stock to a fresh record high in February 2024 which suggests that bulls are here to stay. Short-term traders can look to buy the stock now or on dips for a possible target … Read more
The September quarter earnings of companies across market capitalisation was largely better than expected, with a majority of them seeing robust growth in the profitability and bottomline amid easing cost pressures. A steady growth in the topline as well as the operating profit helped some of the companies in the smallcap segment rebound sharply in … Read more
Automobile companies have kickstarted the current financial year on a very strong note, as a majority of them reported double-digit growth in both revenue and profits for the six months ended September. While growth was board based, four-wheeler makers saw revenue growing at a faster pace than two-wheeler makers. This was on the back of … Read more
The stock market has historically performed well during the festive season. Typically, increased consumer spending during the Diwali season tends to boost company revenues and profits, which results in higher stock prices. The positive sentiment and overall favorable optimism around the festivities drive investor confidence in the market. This often leads to increased buying and … Read more
Mumbai: India’s largest consumer goods firm Hindustan Unilever (HUL), considered a proxy for broader consumer sentiment in the country, reported a 4% increase in both net profit and sales in the September quarter, saying the market was gradually recovering as inflation is no longer a concern. This revival, however, is largely led by urban markets, … Read more