BUSINESS
IT will continue to receive tailwinds from strong deal activity and digital transformation
A potential economic slowdown in end markets should only have a modest impact on revenue growth for Indian IT companies, says CLSA
BUSINESS
As 85% stocks from BSE 500 trade below 200-day average, experts advise caution
A stock trading below 200 DMA does not mean it is available at attractive levels. It can remain below 200 DMA for a prolonged period of time depending on the overall structure of the price action
BUSINESS
Auto, ancillaries, infra, real estate sectors can give positive surprises, says Atul Suri of Marathon Trends
India has relatively outperformed global markets and there is lot of confidence in India’s underlying economy
BUSINESS
Metal stocks hammered as inflation, interest rates and export duties bite
Data shows that the export duties have hit domestic steel prices, which have continued to decline for 10 successive weeks
BUSINESS
Taking Stock | Bearish trend continues amid volatility, Nifty ends below 15,300
The undertone of the market continues to remain bearish with weak global cues dampening investors' sentiment as the FII selling is showing no signs of easing, pushing investors to exercise caution.
BUSINESS
Markets’ southward journey unlikely to end soon as Nifty hits fresh 52-week low
Concerns regarding aggressive rate hikes by global central banks will begin to hurt demand amid higher cost pressures on companies which will also lead to earnings downgrades as the talks of recession in developed economies gather momentum.
BUSINESS
Here are 19 stocks from top 5 PMS schemes that outperformed Nifty in May
Out of 296 schemes tracked by pmsbazaar.com, 46 schemes (16 percent of the total) generated better returns than the Nifty in May. Five of them generated positive returns for the month.
BUSINESS
US Fed Meeting Preview | Containing inflation top priority, 75 bps hike in interest rates likely
The Fed is under pressure to quickly take its policy rate to the neutral level that neither stimulates nor restricts - and beyond.
BUSINESS
Taking Stock | Stagflation fears spook investors; Sensex sinks 1,017 pts, Nifty ends at 16,202
The US markets lost more than 2 percent yesterday as investors remained concerned about the global economy while awaiting key inflation data.
BUSINESS
Taking Stock | Benchmark indices snap four-day losing streak, Nifty ends at 16,478
The market continued to be dominated by a volatile global market with investors weighing the impact of the upcoming global central bank meetings.
BUSINESS
Taking Stock | Markets end lower as RBI withdraws 'accommodative' stance, raises inflation forecast
The focus now shifts to the global market, which is anticipating a hawkish Fed policy next week
BUSINESS
Correction stabilises valuation of IT stocks before a rate hike injects more volatility in markets
Strong demand and other long-term growth drivers are intact for the IT sector. With favourable exchange rate and easing of supply-side challenges, the sector is likely to deliver good growth again in the medium to long term
BUSINESS
Taking Stock | Market extends losses ahead of MPC outcome; Sensex tumbles 558 points, Nifty below 16,450
Experts say the market has factored in a 50bps repo rate and CRR hike and any further measures to clamp down on liquidity will affect the market
BUSINESS
Taking Stock | Markets end lower, all eyes on MPC outcome and economic data due this week
Experts expect the volatility to continue in both global and domestic markets just before the RBI MPC meet outcome, ECB meeting and the US inflation data
BUSINESS
Taking Stock | Market squanders day's gains to end flat; auto and metals drag
The policy stance to be adopted by the central banks and US job data will determine the market trends for the coming week
BUSINESS
At 24% topline growth, steel sector ready to face near-term challenges
Industry experts view the imposition of export duty on steel as temporary, similar to one in FY08, when the export duty was withdrawn within a month on flats and in a few months on longs.
BUSINESS
IT fails to beat estimates on supply-side challenges but strong demand may help rebound
Experts are of the opinion that the erosion in margins and valuation derating process could slow from here for the IT companies as the long term growth drivers remain intact
BUSINESS
Taking Stock | Market gains on weekly expiry day; Sensex up 437 points, Nifty above 16,600
The broader indices, too, ended higher. The BSE midcap index closed 0.03 percent higher, while the smallcap index gained 0.64 percent
BUSINESS
Taking Stock | Indices’ three-day winning streak hits a bump; Nifty ends below 16,600, Sensex loses 359 points
Experts suggest that the changes in policy by central banks would be a major factor to be monitored in the coming days to get a sense of direction
BUSINESS
Taking Stock | Indices extend gains, Nifty closes above 16,650, Sensex rises 1,041 points as all sectors end in green
Experts see a near term trend reversal as the market seems to be discounting the future rate hikes by the central banks.
BUSINESS
Mahindra & Mahindra profit dips 4.5% sequentially, revenue up 12%
“Our performance in the March quarter and FY22 underscores the resilience of our business model,” says managing director and chief executive officer
BUSINESS
Ethos to make tepid debut on Monday as stock trades at a discount in grey market after lacklustre IPO
The IPO barely managed to scrape and grey market price does not hint at Ethos listing at a premium.
BUSINESS
M&M Results Preview | Profit to decline 25% sequentially on higher costs
Look out for tractor outlook and capital allocation update in management commentary
BUSINESS
JSW Steel Q4 Result | Net profit falls 23% YoY to Rs 3,234 crore; revenue up 74%
The surge in cost of raw materials, power & fuel, other expenses, and inventory costs led to the fall in profits during the quarter despite a substantial improvement in revenues that was fuelled by better volumes and higher realisations.
