MARKETS
Short Call | Promoters selling back, rates crawling up, SBI contrarian, RBL Bank, shareholder’s Spiderman suggestion
The odds are heavily in favour of the NDA returning to power though views vary on the margin of victory. To that extent, the market already appears to be pricing in political stability and continuity of the existing policies
MARKETS
Short Call | Bargains or falling knives, all eyes on PFC, REC, Indiabulls Housing, Indigo
Fitch’s downgrade of the US, followed by Morgan Stanley’s simultaneous upgrade of its India rating and downgrade of China rating make the India case even more compelling. But key indices extended losses as the Street felt that Morgan was merely stating the obvious
BUSINESS
Short Call | Navin’s commentary sparks rush for chemicals, HNI takes shine for BSE, Vedant IGL in focus
Navin Flourine said that its contract drug manufacturing business was doing well and that it had identified several late-stage opportunities in that segment.
MARKETS
Short Call | Traders pile on to Hindustan Copper, focus on Asian Paints, IEX, Indus Towers
Bulls are holding their breath till the Nifty decisively closes above the psychological 20,000 mark
BUSINESS
Small caps not at euphoric levels; shakeout will cure F&O craze: Deepak Shenoy
Shenoy also suggests making it harder for retail investors to speculate without fully understanding the risks, and mandatory clearance of NCFM test for aspiring F&O traders.
MARKETS
Short Call | Street looks for 'next best ideas' as focus shifts to MCX, Colgate, Dr Lal Path Labs
The street is unfazed by Friday’s net sales figure as well. The view is that mutual funds are sitting on enough cash, having sold shares when FIIs were on a buying spree since May
BUSINESS
Short Call: ‘This time it is different’ chants getting louder, M&M, RBL Bank, Indian Hotels in focus
Many PMS/advisory service providers who burnt their fingers in the midcap meltdown of 2017-18 feel that ‘it is different’ this time. There is a growing belief that the downside is likely to be limited for a variety of reasons.
BUSINESS
Short Call: Will ‘buy-on-panic’ strategy work in CanFin Homes, permabear Shah on market fatigue; RVNL in focus
Players don’t seem too concerned this time about Fed's signal of higher-for-longer approach to interest rates.
BUSINESS
Short Call | Tough time for chemical stocks, vanishing paper profits, and UTI AMC
Chemical stocks have struggled in the recent market rally but, unlike the underperforming IT sector where a section of the market feels it is time to start looking for bargains, investors aren’t sticking their neck out in the chemicals space yet
MARKETS
Short Call | ITC comes a full circle, smart money leaving small, midcaps, buzz over rail stocks, Indus Towers
In the months following the Covid lows, rookie investors fared better than experienced players because the new entrants asked fewer questions and blindly bought into a rising market. But now it could be the turn of the battle-scarred veterans
MARKETS
Short Call | Price war in banking, RBL Bank boss defies sceptics, DLF, Atul, WFH vs WFO
A read through of analyst calls of banks post earnings shows that margin pressure because of rising deposit costs remains, but could be more pronounced for the smaller players than the larger ones
MARKETS
Capex upswing needs animal spirits; bullish on IT, auto, banks: UTI AMC’s Vetri
Stocks that are a play on the capex cycle, like capital goods for one, have done well in the recent stock market rally as investors are betting that private sector investments are set to take off
BUSINESS
Market not overbought; comfortable on valuations of large banks: UTI AMC’s Vetri
Foreign investors, says chief investment officer of UTI AMC, remain upbeat on India’s structural growth story, but are no longer looking at it as a high-beta play
BUSINESS
Short call | The case for a contrarian view on Infosys, China stimulus, US recession
Infosys will be in the eye of a storm again today following the sharp cut in its revenue guidance for the current year. However, steep corrections in Infosys have provided short-term trading opportunities.
BUSINESS
Short Call | Retail now the smart money, hotel stocks in demand, wired for profit, lure of gold
Stocks may be booming, but having been through the correction between October 2021 and March 2022, many investors may have realised the truth in the adage that trees don’t grow to heaven.
BUSINESS
Market underestimating likely bad news from US, says WhiteOak’s Somaiyaa
The CEO of WhiteOak Capital has cautioned investors that despite the calm, the US banking crisis might not have played out fully. Somaiyaa cited the IL&FS default of 2018, the follow-on effects of which echoed over the next nearly three quarters.
MARKETS
Short Call | Of Polycab and Havells, contra take on EVs, pay-off for Paytm investors, and sin goods
There are no clear sectoral winners at this point as investors are constantly churning their portfolios to jump on to the next hot story in the small and midcap space
MARKETS
Short Call | Banking story finds takers; LTI Mindtree, Som Distilleries, Amara Raja Batteries in focus
Concerns over rising deposit rates appeared to have eased somewhat, and investors seem to be turning hopeful about corporate demand picking up
MARKETS
Short Call | Contra call on chemicals, Avenue Supermart, a tale of two 500s, and collateral damage
JM Financial’s Krishan Parwani is bullish on fluorination companies, as they are expected to benefit from the imminent hydrofluorocarbon (HFC) cuts in the EU and the US
BUSINESS
Makes sense to buy IT now; Eicher oversold: Religare’s Siddharth Bhamre on his picks
Siddharth Bhamre is bullish on the IT sector. For value investors, this is the time to accumulate these stocks, he tells Moneycontrol, as he share his picks from the IT sector as well as auto, FMCG, cement and banking
BUSINESS
Short Call: New king on the block; Angel One, Federal Bank, Eicher Motors, Patanjali Foods in focus
The earnings season has just begun, and the one key difference this time is that market is betting on more positive surprises than negative ones.
BUSINESS
Craze for index funds distorting market dynamics; passive investing no free lunch: Dhirendra Kumar
Dhirendra Kumar, Chief Executive Officer, Value Research says massive inflows into index funds were creating a kind of self-fulfilling prophecy where the inflows are driving the indexes higher, which in turn is attracting more inflows.
BUSINESS
Short Call: Delta Corp bulls may have sensed trouble; Lupin, NMDC in focus; autos become miners
For market players who were betting on the RBI to cut rates shortly, the latest inflation reading should give reason for pause. The spike in inflation was led by food items, and therein lies the problem.
MARKETS
Short Call | Chemistry goes wrong, but diagnostics a hit; Varun Beverages right choice, baby?
There is a saying in the stock market that irrespective of whether an investor makes or loses money on a trade, the broker always makes money on it. Something similar seems to be playing out in the FMCG space
