At a time when the ‘Buy China, Sell India’ play seems to be on top of minds of foreign investors, Amar Ambani, Executive Director, YES Securities says China had multiple short-term recovery moves which lasted approximately two months before resuming the downtrend. While arguing that the China trade is a tactical one and not a … Read more
I am 31 years old and I want to actively invest. Should I go for bank fixed deposits ( FDs) or debt funds. What is your recommendation during the current market conditions? Name withheld Response shared by Jiral Mehta, Senior Research Analyst, FundsIndia. Debt Funds hold several advantages over fixed deposits (FDs). When you invest … Read more
“The situation was never as good in the Indian aviation market as it is today because there are effectively only two large players, Vistara Air India combined and InterGlobe Aviation,” says Sandip Sabharwal, asksandipsabharwal.com.Let us get stock specific then and get in your take on the entire chemical sector, brokerages are of the view that … Read more
“Few percentage point here and there does not matter as much as certainty does. So, outcome after elections, a good budget, both would have a positive impact,” says Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company. I am looking at the market positioning, what FIIs have done, what DIIs have done, what the … Read more
Industries Minister P. Rajeeve on Friday presented the awards for the best performing public sector units in the State. Travancore Cochin Chemicals, Malappuram Cooperative Spinning Mills, Kerala Ceramics Limited, and Kerala Artisans Development Corporation were selected for the awards that carry a cash prize of ₹5 lakh and a plaque. Various factors, including the annual … Read more
Sanjiv Bhasin, Director, IIFL Securities, says the broader market will be in a consolidation phase. So pick your stocks. Right now, PSUs, OMCs, ONGC, Hind Copper, Vedanta, the metal/OMC space are looking very strong, as is insurance. That is where you should be upping your ante.” Bhasin further says: “Do a SIP in HDFC, Asian … Read more
Mumbai: The selloff in shares of public sector companies aggravated on Monday as disappointing third-quarter results of a few prompted traders to liquidate bullish bets. Analysts warn about the likelihood of further declines in these stocks, which have been the top performers on Dalal Street for the past three months. Any sharp fall in the … Read more
With consistent earnings normalization, controlled credit costs, and healthy asset quality, earnings for PSBs are expected to grow at a more sustainable pace. We estimate the profitability of the top six PSBs under our coverage to rise to Rs 1.7 trillion by FY26 from Rs 573 billion in FY22 and from collective losses in FY18. … Read more
PSUs and auto stocks led the run-up in the Nifty from the previous highs to the current one. The Nifty touched its lifetime high of 20,291.55 on Friday. Its previous record was hit on September 15 at 20,222.45. In the past one-and-a-half-months, the Nifty Realty was the top gainer, which saw an upside of over … Read more
“We are early in the stages of the business cycle of this country. Our corporate PAT to GDP bottomed at around 1% and it has bounced back to about 4.2%,” says Ravi Dharamshi, CIO, ValueQuest Investment.What are we starting with, the market, your investment in VARI, how banks have done well, or the fact that … Read more