Some of Trump‘s campaign signature promises, like tariffs and immigration control, if implemented, could put upward pressure on inflation and treasury yields, possibly affecting capital flows into India, says Krishnan VR, Chief of the Quantitative Research team at Marcellus. Tighter visa regulations, however, won’t be a big threat for Indian IT majors, he says in … Read more
Indian benchmark indices experienced a choppy session on Friday, giving up most of their intraday gains but still ending slightly higher, signaling a cautious start to the January series. The S&P BSE Sensex settled at 78,699, up by 226.6 points or 0.29%, while the broader Nifty 50 index closed at 23,813.40, higher by 63.20 points … Read more
Half a dozen banks reported higher quarterly net profit Saturday, as growth in retail loans, increased non-interest income and a fall in provisions more than offset the impact of increasing cost of funds that weighed on their net interest margins (NIMs). ICICI Bank, the largest of the six lenders, reported a 24% rise in net … Read more
Various widely tracked companies like Reliance Industries, Jio Financial Services, HDFC Bank, Asian Paints, LTIMindtree, IndusInd Bank, Polycab India, HUL, UltraTech Cement, ICICI Bank, and Kotak Mahindra Bank will be releasing their December quarter report cards this week. Here’s a list: January 15Jio Financial Services, Angel One, PCBL, Choice, International, Kesoram Industries, Fedbank Financial Services, … Read more
“One indication that could be important to follow for us is what is going on in the consulting space. As you know, we have made significant investments in consulting and strategic decisions to help us transform our organization,” says Thierry Delaporte, CEO, Wipro. “On deal wins, we are continuing to see a strong momentum in … Read more
“And also in a competency, our goal of moving from mechanical to a mechatronics and electronic capabilities, with some of the product offerings that will come through the stable, i.e. sensors and stuff like that, I think it also adds us to the competency and the capability list,” says Nagesh Basavanhalli, Greaves Cotton Limited. Well, … Read more
Various widely tracked companies like L&T, Bajaj Finserv, Sun Pharma, Coal India, Tech Mahindra, Britannia, Ashok Leyland and Jubilant FoodWorks would be releasing their December quarter report cards this week. Here’s a list: January 30 Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, , REC, Laurus Labs, … Read more
Most world equity markets in 2022 have given negative returns. MSCI World index is down ~20%, NASDAQ down over ~30%, China ~25% and India in dollar terms ~10%. Key reasons being (a) Prolonged on-going war; (b) Sharply rising Interest rates; (c) Sticky Inflation rates (which have finally started falling); (d) Reducing liquidity. However, a lot … Read more