BUSINESS
Reliance Retail now bigger than ITC, HUL, DMart, Nestle, Britannia, Tata Consumer, and Godrej Consumer combined
Reliance Retail is being valued at over $100 billion by multiple brokerages.
BUSINESS
JNK India confident of maintaining revenue run rate, says debt not a concern
Last year, JNK India's domestic market share stood at 27 per cent, while globally it was just about 2-3 per cent. This, according to the management, indicates that the company has significant growth potential and a substantial runway for expansion.
BUSINESS
Record advance-decline ratio for April but experts see no reason to rejoice, just yet! Here’s why
Experts say that market breadth has taken a u-turn in the past few sessions amid geopolitical jitters and weak global cues. So, even though it's a positive sign, it would be prudent to adopt a wait-and-watch approach and see if the trend persists throughout the month.
BUSINESS
Is growth the new value? Top fund manager’s take on investing, portfolio must-haves at all-time highs
The recent surge to all-time highs isn't just a pre-election rally, according to Sunil Subramaniam, MD and CEO of Sundaram Mutual. He views it as a sustainable trend and suggests that large-cap IT stocks will provide portfolio stability in case of a rebound in the sector. He doesn't expect private banks to take the leadership just yet.
BUSINESS
Midcaps may lag largecaps, beware of ‘buzzword’ themes: Aashish Somaiyaa of WhiteOak AMC
It has become fashionable to say elections and the upcoming Budget are priced in, says the CEO of WhiteOak Capital AMC. There is substantial upside potential in the coming months, which shouldn't be overlooked or underestimated, he says.
BUSINESS
Fed must manage rate cut timing judiciously in election year; Oil may top $90/bbl: Peter McGuire
With 67% of analysts anticipating a rate hike in June, there's a strong indication of confidence in the market. However, the timing of these cuts must be approached cautiously, especially considering the upcoming November US election, says the CEO of XM Australia.
BUSINESS
What should you do with your mid and small-cap holdings amid heightened volatility? Experts weigh in
Market experts advocate for a meticulous evaluation of stocks, considering factors such as the extent of correction from peak levels, company performance and valuation comfort.
BUSINESS
Curtailing first mover advantage may cause some panic: Feroze Azeez on SEBI advisory to MFs
SEBI's move may be aimed at slowing down the influx into small-cap funds, says Feroze Azeez, Deputy CEO at Anand Rathi Wealth, but points out that curtailing first mover advantage may be a sentiment dampener.
BUSINESS
PSUs should be seen as a marathon, not a sprint: TRUST Mutual Fund’s Sandeep Bagla
Previously, there were concerns regarding government intervention, capital allocation, and agility within PSU firms. However, these perceptions seem to be getting cleared, paving the way for increased valuations and multiples.
BUSINESS
Wait for rate cut gets longer after red hot US CPI data; action only in June or July, says this EM expert
Independent Emerging Markets commentator Geoffery Dennis feels that the Fed will likely maintain its projection of three rate cuts this year.
BUSINESS
Crude oil may stay in $78-85 range; see more momentum in Bitcoin: Peter McGuire
Gold has maintained its allure but Bitcoin presents an alternative to traditional currencies and has the potential to surge higher, says the CEO of international investment firm XM Australia.
BUSINESS
Understand the rules of the game when you enter a highly regulated sector like financials: Ajay Bagga on Paytm
Private sector banks will be long-term performers, though things look iffy now. They will fund a growing economy and will benefit from an overall revival of the banking system, according to Bagga
BUSINESS
India an attractive destination for FIIs despite China’s market-strengthening attempts: Pramod Gubbi
China will have to do a lot more in terms of policy decisions to provide comfort to foreign investors. Therefore, India may continue to stand out as a more appealing opportunity, the Marcellus Investment Managers co-founder says
BUSINESS
After Q3 numbers, TCS edges out Infosys as a near-term pick: Apurva Prasad
Even as IT stocks defy seasonality with strong performances, the HDFC Securities vice president for institutional research says the Tata Group company has scope for sustained outperformance.
BUSINESS
Beware of micro caps and illiquid stocks; large caps hold promise: Kotak MF's Harsha Upadhyaya
The overall market undertone remains positive but volatility could increase as valuations go up, cautions Upadhyaya
BUSINESS
Powell turns Santa but questions remain over when the rate cut cycle will kick off, says this global market economist
Fed Chair Jerome Powell was as dovish as he could be, and the markets may be pricing in a rate cut by the end of the first quarter. But Peter Cardillo feels the cut may only come in the third quarter
BUSINESS
If earnings remain robust over next 3-4 years, Sensex at 1,00,000 would just be a formality, says this fund manager
Aishvarya Dadheech of Fident Asset Management expects the equity market to show more strength going forward, and the return of FIIs to bolster sentiment. He advises investors to allocate funds to high-quality businesses.
EARNINGS
Rally here to stay; foreign investors playing the India story via midcaps, says this wealth manager
The good times are here to stay, but expect small pullbacks in the short term, if earnings falter, says Anand Rathi Wealth’s Feroze Azeez
BUSINESS
Charlie Munger leaves behind a treasure trove of investment wisdom: Ajay Bagga
The Berkshire Hathaway vice chairman’s passing has left a void in the financial world, says market expert Ajay Bagga, reflecting on the life and legacy of the investing genius, and how he sought out great companies.
BUSINESS
Crackdown on consumer loans necessary; but rural economy will look up in near term, says this market expert
Market expert, Ajay Bagga, expects as many as five rate cuts of 25 bps each by the US Federal Reserve by next December. Back home, he feels the RBI is ahead of the curve with its clampdown on consumer loans amid stress in the rural economy. He sees a huge upsurge in rural consumption ahead as the wedding season kicks off.
BUSINESS
Optimism delayed! Forrester Research India expects IT demand recovery only by Q2 FY25
Ashutosh Sharma of Forrester Research India says he doesn't anticipate a positive shift in the demand environment until at least Q2FY25, given the uncertainty that has crept in across global markets
EARNINGS
Pharma, IT, banks best poised post-Q2 earnings, says Kunal Shah of Carnelian Capital
Pharma has emerged as the real star this earnings season, but banks are poised to join the rally soon as NIM pressure is behind them. Expect IT earnings to bottom out in the next one to two quarters, he said.
WORLD
Fed won’t change its tune just yet; don’t expect rate cuts until the 2nd half of 2024: Andrew Freris of Ecognosis Advisory
Contrary to expectations of more aggressive rate cuts in 2024, the Fed may go for just two rate cuts next year, the first of which may only come after six-nine months.
BUSINESS
Ed Yardeni expects Fed to cut rates next year; early signs of Santa Claus rally visible
Ed Yardeni discusses the expectations of potential rate cuts, recent market performance, and the resilience of the US economy during a conversation with Moneycontrol
