BUSINESS
What the inflation trend means for markets and investors
WPI inflation is correcting while CPI inflation has stayed steady---this will help companies claw back some of the eroded margins. This is expected to help prop up the earnings of B2C companies and bring their P/Es back to attractive levels
BUSINESS
Buckle up! Aviation sector is facing supply chain turbulence
The pandemic easing could have revived the aviation sector but a number of woes are weighing down the sector, a choked supply chain being the latest woe. Investors should keep the strong ones in sight
BUSINESS
Is the economy at an inflection point already?
It is true that the world economy, led by its largest economies, is headed for a sharp slowdown if not a recession. Can India escape this fate, as some indicators suggest and some investors believe?
BUSINESS
What leadership changes in a small island in Europe means for Indian investors
Rishi Sunak has a tough task ahead to steer UK’s economy towards calmer waters with global markets watching if he will succeed, but his tenure has important implications for India as well
BUSINESS
DIIs to the rescue as FIIs turn their backs - Déjà vu?
In contrast to the last bout of selling, the ongoing FII exodus is much milder. Even VIX is sub-20. The range for Nifty is much narrower too, as it swings between 17,000 and 18,000
BUSINESS
Are Indian Autos slowing down or revving up?
There’s a clear K-shaped recovery in the auto sector, with premium passenger vehicles doing well, while two-wheeler demand lags. With erratic monsoons playing spoilsport, this trend is likely to be extended
BUSINESS
These are ironical times, when a slowing economy triggers an equity rally
If it’s the economy that drives corporate earnings which drive valuations, then a slowing economy should be bad news. But stocks are actually celebrating a slowdown in a sign of the times we live in
BUSINESS
Stock Markets - Is it time to give up, or top up?
The good thing about the sell-off is that valuations have become reasonable
BUSINESS
Will the chips fall into place for Vedanta?
The semiconductor project will be undertaken by Volcan Investments – the holding company of Vedanta, rather than by Vedanta itself. However, the benefits of vertical integration will eventually trickle down to Vedanta
BUSINESS
With inflation disappointing, what’s the outlook for the economy and markets?
The persistence of high inflation and rate hikes by central banks will exacerbate already weak growth
BUSINESS
Does a promising PMI promise a stock market rally?
The crucial difference is that while the Purchasing Managers Index is based on expectations of manufacturers and service providers, stock market movement is based on expectations of investors
BUSINESS
Indian stock markets are decoupled, but for how long?
DIIs have been booking profits, and sitting on cash even as SIP flows have sustained through the volatility. However, in the event of another round of FII selloffs, the DII’s cash-pool can provide some support to the markets
BUSINESS
Meandering markets | Deep correction or a mere speedbump?
A sectoral analysis helps make more sense of a market that’s unable to make up its mind on where to go. The near term looks volatile even as the longer term picture remains bright
BUSINESS
China, commodities, and the Indian stock market
If the rate-cuts and fund-injection are able to pull the Chinese economy back on track, commodity prices can be expected to remain elevated. A lot will hinge on how the rest of the world performs
BUSINESS
Easing US inflation: What does it mean for Indian stock markets?
The drop in US yields translates into higher yield spreads with India, and a potential sustaining of the recent trend of FII inflows
BUSINESS
Why is the market rallying while the world is grappling with fears of recession?
It is expected that central banks in the US and Europe would rein in their hawkish stance in favour of supporting growth. This spells good news for yield spreads with India. Furthermore, anticipation of weakening demand has brought down the prices of crude and commodities. This is yet another positive development for the Indian economy
BUSINESS
Banking sector: What you see may not be what you get
Non-performing asset (NPA) ratios are reducing. But the true picture of NPAs is apparent only when we look at the trend of fresh bad loans — they have been rising every year since the onset of the pandemic
BUSINESS
Ignore the short-term headwinds in Indian aviation
The recent turbulence in the Indian aviation sector has brought quality stocks in the sector to attractive valuations
BUSINESS
As the rupee continues tumbling, what does it mean for stock markets?
As global economies cut back on discretionary spending in the face of recession, export-focused discretionary sectors are likely to be hit the hardest as demand comes down abroad
BUSINESS
Does commodity crash signal FII comeback?
A concerted effort to stamp out inflation by central banks has raised the risk of a recession. If this risk plays out, FIIs may return to their favourite hunting grounds in India
BUSINESS
Higher GST rates pose headwinds for consumption stocks
Proposed increase in GST rates will add to revenue but higher consumer prices could strain already constrained budgets of low and middle income households
BUSINESS
RBI’s take on capital flows, and what it means for stock markets
Volatility (US CBOE VIX) and term premia have been found to be correlated with portfolio flows into India. This makes the case for investors to track US growth, the US yield curve, and the US CBOE VIX
BUSINESS
The Fed rate hike and its far-reaching consequences
Inflation has become a global concern while global consumption demand is not as widespread and resilient as it has proved to be in the US. So, the situation is grimmer for countries outside the US
BUSINESS
The market see-sawed after MPC announcement. Why?
Will the RBI successfully maintain the precarious balance between controlling inflation and supporting growth?
