BUSINESS
Zee Entertainment: Merger with Sony is the only hero in this daily soap
The current volatility in the stock stems from the uncertainty that has arisen over the timeline of the completion of its merger with Sony, analysts say
BUSINESS
Services to beat manufacturing again; economic growth to slow down at 4.3-4.6%: Experts
With sticky core inflation and uncertain macros, the outlook for the rural economy isn’t positive. Further push from the union government this election year might be just what the doctor ordered.
BUSINESS
Indian steel industry: Tapered now, tempered for future, thanks to changing dynamics
India’s steel industry is better placed than other countries and should witness strengthening of fundamentals, driven by better domestic demand, increased export opportunities, limited imports, and firming up of steel prices at healthy levels, says World Steel Association
BUSINESS
These 22 stocks helped the top 5 PMS schemes outsmart Nifty in January
As many as 171 schemes performed better than the Nifty while 43 of these schemes generated positive returns.
BUSINESS
ONGC Q3: Profit grows 26% to Rs 11,045 crore, meets estimates
The growth in revenue and earnings of ONGC in the third quarter was largely driven by a surge in APM gas prices
BUSINESS
Grasim Industries Q3: Profit falls 47% to Rs 257 crore, misses estimates
Grasim Q3: Global macroeconomic conditions impacted export-related demand.
BUSINESS
ONGC Results Preview: Stable crude, higher gas realisations to drive earnings in Q3
ONGC is forecasted to report a standalone PAT of Rs 11,242 crore for the quarter with the standalone revenues likely to clock Rs 38,359 crore driven by surge in APM gas prices which zoomed ~3x YoY and 40 percent QoQ.
BUSINESS
Grasim Industries Q3 Preview: Volume, realisation to aid revenue; margin shrink to hit profit
Grasim is expected to report a standalone PAT of Rs 379 crore for the quarter, while standalone revenues are seen coming in at Rs 6,545 crore.
BUSINESS
Top 5 PMS schemes bet big on 25 stocks that dare volatility, outsmart Nifty
Despite the volatility and bearish sentiments prevailing in the markets in the latter half of December, there were many portfolio management service schemes that generated better returns compared to the Nifty and the Sensex
BUSINESS
Q3 Earnings Preview |Realty sees support from strong demand for office space, resilient housing market
Healthy double-digit sequential growth is expected in both revenue and earnings for the sector while softening input costs drive margin expansion.
BUSINESS
Q3 earnings preview: Revenue growth to be muted due to high base, margins to improve on softening commodity prices
The upcoming Q3 earnings season will be closely watched for cues on post-festive season demand trends, impact of global slowdown, as well as the commentary and guidance of companies going forward.
BUSINESS
Taking Stock |Market reels under selling pressure for third consecutive session, Sensex falls below 60k
Barring FMCG, which ended flat, all sectoral indices ended the last day of the first week of 2023 in the red. TCS, JSW Steel, IndusInd Bank, Bajaj Finserv and Tech Mahindra were the biggest losers on Nifty
BUSINESS
Markets flashing red again, here are the factors contributing to the fall
Inflation remains the biggest worry as higher rates for a longer period spell elevated risks to the equity markets amid continuing geopolitical crises
BUSINESS
Q3 Earnings Preview | Nothing special about specialty chemicals
High channel inventory, subdued export demand, high sales returns and repricing of chemicals likely dented the performance/earnings for the quarter ended December
BUSINESS
Taking Stock | Volatility sweeps market on weekly expiry; indices end in the red
Banking & Financials along with the IT were the top drags of the day while FMCG, Auto and Pharma were the top gainers
BUSINESS
After a year of struggle for consumer staples, 2023 looks promising for FMCG
While rural demand is expected to look up on better crop yields and realisations, volumes will recover on lower inflation, which in turn will help improve the margins
BUSINESS
Five segments drive India's core sector on a swing despite the crude shock
The benefit of favourable statistical base would wane for the remainder of FY23 because of which core sector output could tend to show lower growth on a YoY basis while improvement in domestic activity will aid sequential growth
BUSINESS
Auto sector negotiates December hurdles, gears up for fast lane in Q4
Seasonally, Q4 is a strong quarter for the sector. PV and M&HCV segments to maintain their strong performance while the improving farm sector will aid pickup in tractors and farm implements. Two-wheeler demand to improve due to upcoming marriage and festive season
BUSINESS
Agrochemical industry: Despite near-term challenges, 2023 outlook positive
Lower liquidation of stock, inventory build-up, higher sales returns and weak export demand likely to impact December quarter earnings. However, price hike-led growth, increased sowing acreage and remunerative prices expected to help in 2023.
BUSINESS
Nifty to break its January jinx of trading in the red, optimism rules the market this time
The median returns for January for Nifty since 2000 stand at -0.3 percent but technically, this time the benchmark has given a multi-month breakout and is likely to see a positive trajectory starting from January 2023
BUSINESS
Mukesh Ambani – Captain of the behemoth for 20 years, and counting
With his uncanny ability to see far into the future, he has helped transform and grow the company from being predominantly a petrochemical and refining player into a well-diversified conglomerate
BUSINESS
Gravity-defying stocks this year: Are the returns for real?
Returns of the same magnitude may be difficult to match in 2023, but the domestic consumption story is a big plus and a lot will also depend on the macro environment, corporate headwinds amid recessionary trends overseas.
BUSINESS
Performance of sectoral indices in 2022: There's more bad than good
Of the 15 sectoral indices tracked on the BSE, only seven have delivered positive returns over the past year. Picking up underperforming stocks now may be better than going for multibaggers.
BUSINESS
Santa rally revives: Factors that drove markets out of the woes
In the absence of major global events because of year-end holidays, experts expect the market to move sideways or stay in positive territory this week
