BUSINESS
RIL Results Preview | Net profit likely to surge over 105% in Q1 on robust refining margins
RIL Q1 Results | RIL has benefitted from the substantial rise in margins of refining products like diesel and jet fuel during the June quarter
BUSINESS
IndusInd Bank Q1 preview | Net profit seen rising 46% YoY as provisions slide
IndusInd Bank Q1 preview: The operating performance of IndusInd Bank in Q1 will be weak, affected by substantial losses in the treasury department
BUSINESS
Adani Group 'threat' to telecom sector dissipates with 5G auction details
All eyes were on the Adani Group ahead of the 5G spectrum auction following its surprise entry into the space
BUSINESS
HUL Results Preview | Flat sequential sales growth likely in Q1 on sluggish demand
The Mumbai-based company will announce its June quarter earnings on July 19
BUSINESS
Conflicting signals | MFs aren’t walking the talk on their optimism for banks
The outlook for the banking sector’s earnings remains sturdy after the strong earnings performance of the March quarter
BUSINESS
Despite 41-year high US inflation print, investors betting rate cuts are not far away
The Fed’s own members expect interest rates to rise throughout this year and then remain flat for entirety of 2023 followed by some cuts in 2024. But, the market now believes that the Fed would be forced to cut rates as soon as March 2023.
BUSINESS
LIC’s IPO anchor investors haven't given up on insurer despite heavy losses
In the run-up to LIC IPO, the insurer raised Rs 5,627 crore from anchor investors by allotting them 59.3 million shares
BUSINESS
Government blows $850-million hole in metal stocks as foreigners flee export duties
In the four months prior to May, metal and mining was one of the few sectors to boast net inflows from foreign portfolio investors
BUSINESS
Stock investors look out for hopes in 'imminent' recession, not cause for fright
Oil prices, an indication of the global economic health, have fallen 15 percent since mid-June, while industrial metal copper is hurting at a 14-month low
BUSINESS
Telecom Q1 preview | Revenue growth expected to be muted as inflation bites
Net subscriber additions in the quarter are not expected to exceed 4-5 million users due to high cost of ownership
BUSINESS
Retail participation sinks to 5-year low on market downturn, new margin norms
The trend of declining active participation from retail investors in the stock market is similar to that seen in the US where sharp drawdowns in technology companies, which were heavily owned by retail investors
BUSINESS
Stock market bears have it all in their favour in July except history
Bears have wind in their sails as they look to profit from continued decline in the Nifty 50 but history may have some say if they will succeed in July
BUSINESS
Windfall gains tax to dent last defence against bears
Aggregate earnings expectations are likely to see sharp cuts as the oil and gas sector’s contribution come under threat
BUSINESS
RBI policy agenda may punch holes in stock market’s new-found safety net
Pain for the stock market could be two-fold – slowing economic growth leading to cuts in earnings expectations and rising fixed deposit rates weaning away retail investors from underperforming equities. Of the two, the last one would bother market watchers more
COMPANIES-2
Past is no guide for traders looking to manoeuvre around US Fed rate hikes
The current quantum and pace of rate hikes is unprecedented. This could have far-reaching repercussions on the global economy, experts say.
BUSINESS
India's small-cap stocks have not been this cheap since July 2020
Smallcap stocks have been the worst hit in the ongoing market turmoil with Nifty Smallcap 100 index plummeting over 31 percent from its record highs hit in January. A highly tracked indicator suggests, a reversal in fortune might be on offer.
BUSINESS
Bears rule 2022 but in some nooks of Dalal Street bulls are rejoicing like it’s 2021
In some corners of Dalal Street, it’s raining multi-bagger stocks like it’s 2021 as the euphoric sentiments of the last year appear not to have dimmed to any extent.
BUSINESS
Two-wheeler stocks see buying on renewed optimism for rural demand recovery
The rain deficit has narrowed to 5 percent from 25 percent a few days ago. Normal monsoon rainfall is seen as critical for the revival of rural demand
BUSINESS
JP Morgan feels LIC’s valuation is 'unduly harsh', market thinks otherwise
LIC's shares fell to their fresh 52-week low on the NSE on June 20 as the investment banker’s research wing initiated coverage on the stock with an 'outperform' rating
BUSINESS
Mutual funds gung-ho on auto even as doubts persist on recovery
May also marked the second consecutive month in which mutual funds raised their holding in the sector
BUSINESS
JP Morgan India upgrades RIL to overweight, sees 22% upside in a year
JP Morgan believes RIL’s outperformance to the Nifty 50 will continue in 2022
BUSINESS
IPL media rights auction: Windfall for teams and their valuations
The IPL media rights for 2023-27 fetched the BCCI a record Rs 48,390 crore, making the Indian T20 cricket tournament among the most-valued sporting leagues in the world in terms of per match value
BUSINESS
A critical barometer of retail investors’ interest in stocks just turned negative
Retail investors have net bought more than Rs 2 lakh crore worth of local stocks in the past 18 months but as the market plunges and interest rates move up, a shift to safety could be afoot
BUSINESS
IT stocks fall sharply as revenue growth worries return
The Nifty IT sank 3.2 percent underperforming the benchmark Nifty 50 index, which was down nearly 2.5 percent.
