Moneycontrol PRO
HomeAuthorNishant kumar News

Nishant Kumar

Sub Editor

moneycontrol.com

FY22 earnings can see a downgrade, experts expect Nifty EPS at around Rs 700

BUSINESS

FY22 earnings can see a downgrade, experts expect Nifty EPS at around Rs 700

The COVID-induced pain will be reflected in the Q1FY22 corporate earnings, however, due to low base, year-on-year the numbers may still be better, analysts say.

Here are 15 stocks well-positioned to gain from the bounceback in the domestic economy

BUSINESS

Here are 15 stocks well-positioned to gain from the bounceback in the domestic economy

As the economy finds its feet again, stocks that were affected the most such as those in contact intensive sectors such as hospitality, tourism and entertainment will get back in favour

India among top performing markets globally in May. What lies ahead?

BUSINESS

India among top performing markets globally in May. What lies ahead?

Sustained fall in COVID-19 cases, stimulus talks, mostly in-line March quarter earnings and assurance from major global central banks that rates will remain low are keeping the market up

Gold Price Today: Yellow metal trades lacklustre; experts say buy on dips around Rs 49,180

BUSINESS

Gold Price Today: Yellow metal trades lacklustre; experts say buy on dips around Rs 49,180

Gold and silver had shown strong volatility in the previous session as better than expected US ISM manufacturing PMI data triggered profit-taking in both precious metals at higher levels.

Banks, metals, IT, pharma will drive earnings growth in H2FY22: Manish Sonthalia of Motilal Oswal AMC

BUSINESS

Banks, metals, IT, pharma will drive earnings growth in H2FY22: Manish Sonthalia of Motilal Oswal AMC

Inflation is not a material risk at least for the next 6 months. Beyond that we need to see how things play out. Reasonable inflation (4-5 percent) is fine with markets, said Sonthalia.

Reliance Power, Reliance Infrastructure have doubled this year, should you buy?

BUSINESS

Reliance Power, Reliance Infrastructure have doubled this year, should you buy?

Reliance Infrastructure on May 28 said its consolidated net loss for the March quarter of FY21 narrowed to Rs 46.53 crore.

Market at record high despite obvious risks, can it sustain gains?

BUSINESS

Market at record high despite obvious risks, can it sustain gains?

The hope of a significant portion of the population getting the jab, thereby minimsing COVID-19 risk, central banks’ assurance of adequate liquidity and low rates are fuelling the rally, say experts.

Can better than expected FY21 GDP numbers boost market's mood? These sectors to come in focus

BUSINESS

Can better than expected FY21 GDP numbers boost market's mood? These sectors to come in focus

Gaurav Garg of CapitalVia Global Research believes the market has already factored in current economic conditions and might take the GDP data as a non-event.

The next trillion will come from the unlocking of economy & growth story, say experts; economy-linked sectors to play crucial role

BUSINESS

The next trillion will come from the unlocking of economy & growth story, say experts; economy-linked sectors to play crucial role

Most analysts believe IT and banks will lead the rally in the market's journey to the next trillion mark.

Nifty hits record high; but these risks still loom on the market

BUSINESS

Nifty hits record high; but these risks still loom on the market

This rally hinges on the pace and sustainability of the economic recovery, which in turn depends on how fast India can vaccinate

Brokerages positive on IT sector; TCS, Infosys, HCL Tech among top picks

BUSINESS

Brokerages positive on IT sector; TCS, Infosys, HCL Tech among top picks

Barring a few, IT heavyweights reported healthy quarterly earnings in FY21. Consecutive quarters of record hiring of freshers also indicate strong optimism in demand and the trend will continue in FY22, say experts. .

Gold Price Today: Yellow metal trades lower amid gains in equities, support exists at Rs 48,500-48,350

BUSINESS

Gold Price Today: Yellow metal trades lower amid gains in equities, support exists at Rs 48,500-48,350

Gold and silver showed extreme volatility on May 27 amid a rebound in benchmark 10-year bond yields and a decline in unemployment claims in the United States. The metals settled on a mixed note.

Can rising inflation derail market recovery? Here's what experts believe

BUSINESS

Can rising inflation derail market recovery? Here's what experts believe

Commodity prices have been rising of late, fanning worries that higher inflation rate may make central banks re-think their policy stance

As India crosses $3 trillion m-cap, Warren Buffett indicator falls. Is it a sign of caution?

BUSINESS

As India crosses $3 trillion m-cap, Warren Buffett indicator falls. Is it a sign of caution?

Experts point out that the Buffett indicator is widely followed and works well in most economies, but India has its unique characteristics.

'Supportive monetary policy, fiscal accommodation to support corporate earnings in years to come; see selective opportunities in pharma'

BUSINESS

'Supportive monetary policy, fiscal accommodation to support corporate earnings in years to come; see selective opportunities in pharma'

Supportive monetary policy, fiscal accommodation and benefits from reforms undertaken earlier, will allow a strong corporate earnings growth cycle in the next few years. This is unlike the pre-COVID years, when India saw an earnings growth recession, allowing for herding into defensives, said Pathak.

Route Mobile: Brokerages can't get enough of this cloud communication services provider, here's why

BUSINESS

Route Mobile: Brokerages can't get enough of this cloud communication services provider, here's why

The stock has gained 38 percent on BSE in this calendar year against a 6 percent rise in the benchmark Sensex for the same period.

Alkyl Amines stock is up 135% in 2021; is it still a good buy?

BUSINESS

Alkyl Amines stock is up 135% in 2021; is it still a good buy?

The stock of Alkyl Amines Chemicals has jumped more than 135 percent this year so far on BSE against a 6 percent rise in the equity benchmark Sensex.

Third COVID wave fear looms; here's how to plan for uncertainty in market

BUSINESS

Third COVID wave fear looms; here's how to plan for uncertainty in market

Betting on quality stocks remains the key at this juncture and the best way to minimise risk is to play a mix of defensive and economy-driven stocks, say experts.

Taking Stock | Sensex, Nifty rise a percent each; investors richer by Rs 2.8 lakh crore

BUSINESS

Taking Stock | Sensex, Nifty rise a percent each; investors richer by Rs 2.8 lakh crore

The overall market capitalisation of BSE-listed firms jumped to Rs 216.4 lakh crore on May 18 from Rs 213.6 lakh crore the previous day.

FPI holdings dip in March quarter; RIL, HDFC, ICICI Bank among 10 stocks that saw the most buying QoQ

BUSINESS

FPI holdings dip in March quarter; RIL, HDFC, ICICI Bank among 10 stocks that saw the most buying QoQ

Reliance Industries, HDFC, ICICI Bank, Godrej Properties, Dixon Technologies and HDFC Bank were among the companies which saw the highest buying by FPIs in the previous quarter.

Sensex is down 9% from its peak: Here's what 10 top market analysts are expecting

BUSINESS

Sensex is down 9% from its peak: Here's what 10 top market analysts are expecting

Given the near-term challenges and sentiment, we can expect FPI flows to remain subdued in the near term, said Rusmik Oza of Kotak Securities

Rising COVID cases and lockdowns could result in small earnings downgrades: Amit Ganatra of HDFC AMC

BUSINESS

Rising COVID cases and lockdowns could result in small earnings downgrades: Amit Ganatra of HDFC AMC

Along with a significant rise in spread of COVID-19, the unwinding of expansionary fiscal and monetary stimulus, a significant rise in crude oil prices, a sharp rise in interest rates globally are the key risks to the market in the near term, he said

Taking Stock | Rising COVID cases keep market sentiment somber as Sensex, Nifty fall 2% each for the week

BUSINESS

Taking Stock | Rising COVID cases keep market sentiment somber as Sensex, Nifty fall 2% each for the week

Mid and smallcaps outperformed their large-cap peers as the BSE Midcap index closed with a gain of 0.16 percent while the smallcap index ended 0.51 percent higher.

SIPs back in favour, equity mutual funds see inflow after 8 months; here's why

BUSINESS

SIPs back in favour, equity mutual funds see inflow after 8 months; here's why

The number of SIP accounts outstanding increased to 3.72 crore in March compared to 3.62 crore in the previous month.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347