MARKETS
Short Call | IT paints a dull picture ahead of earnings; focus on Colgate, CAMS, Godrej Properties
Nomura is cautious on the tech sector, as it sees a low probability of a significant turnaround in discretionary demand for IT services
MARKETS
Short Call | Retail regains hunger for small, mid-caps; RVNL, GAIL, Torrent Power, PNB Housing in focus
Liquidity in the system is expected to start getting better hereon now that the new financial year has begun.
BUSINESS
Short Call | No compelling triggers for a big surge; Chalet Hotels, VIP Industries, Sona BLW, GOCL in focus
For now, the only big positive trigger in the near time appears to be an emphatic win for the NDA coalition in the upcoming general elections
MARKETS
Short Call | Jittery undertone confuses fund managers; Gravita, Info Edge, Coal India, IDFC First, CDSL in focus
One trend that could play out in the near term is the shift to largecaps, as fund managers try to avoid volatility to the extent possible
MARKETS
Short Call | Small NBFCs face bumpy ride, retail booking profits; Triveni Turbines, JSPL, Interglobe, Dr Lal Path in focus
Large blocks of shares continue come into the market, sparing fund managers the risk of driving up prices through open market purchases.
MARKETS
Short Call | Buy the dips chatter turns louder; Angel One, Bharat Dynamics, Prestige Estates, Amber, MGL in focus
Some players are again making a case for buy-the-dips strategy, saying that March has traditionally seen sharp corrections because of some negative development coinciding with advance tax-related liquidity crunch
BUSINESS
Short Call | HNIs, operators stay on the sidelines; Petronet, Railtel, Prince Pipes, CG Power in focus
Foreign institutional investors are not biting yet, and domestic institutions continue to do the heavy lifting
MARKETS
Short Call | Market running out of boosters, AC stocks feel the heat, Tata Tech, Cummins, UltraTech, Eicher in focus
The popular strategy is to sell at the start of the session and then cover the positions in the second half
BUSINESS
Short Call | Support levels now the talking point, does the PSU story still have steam left? LT Foods, Happy Forgings in focus
The star performers of the market over the last year, PSU stocks too have taken a drubbing in the recent market meltdown, triggering debate on whether the re-rating story has been done with
BUSINESS
Short Call | Promoter selling may play spoilsport; J Kumar, Paytm, Aditya Birla AMC, Tata Steel in focus
The mood is cautious now, and there is less money going around, except for the steady flows into mutual fund SIPs
MARKETS
Short Call | Big guns short of confidence, altitude sickness hits HAL, Coal India a bargain? Zomato, Biocon in focus
The strategy for now is to nibble, but not to end up providing an exit for others looking to book profit. For the new investor, it still seems a ‘buy-on-dips’ market
MARKETS
Short Call | Old habits die hard , Azad Engg bulls have a free hit, Trent on record-breaking spree, Kalpataru, Ashok Buildcon in focus
Some fund managers like Kotak Mahindra’s Harsha Upadhyay feel that the market momentum is broken for the time being despite the overall macro and corporate earnings picture being quite robust
BUSINESS
NBFCs predict tighter RBI rules for IPO financing
If there is a clearly defined limit for loan against shares, it is only logical that there will shortly be something similar for IPO financing as well now that regulators are looking at this route of financing closely
BUSINESS
Decoded: Mutual funds, FIIs are net buyers, then why are small, midcaps bleeding
AMFI advisory to its members to moderate inflows into small cap and midcap schemes, RBI's crackdown on NBFCs and ED raids on entities linked to Hari Shankar Tibrewala have all come together to build a perfect storm
BUSINESS
SEBI’s 5 measures to curb excessive speculation in the market
SEBI recently asked AMFI to prod its members to moderate inflows into SME schemes and to rebalance portfolios
BUSINESS
What is loan against shares and what is the RBI worried about
Market players say the RBI feels that the money borrowed through the LAS route is partly responsible for the bubble building up in the market
BUSINESS
As SEBI, RBI join hands to curb liquidity, small & midcap shares may face the heat
This follows a series of actions by market regulator SEBI and banking regulator RBI, over the last week, with at least one of it being a joint effort.
BUSINESS
HNIs use multiple-account route to bypass RBI’s Rs 1-crore limit on IPO funding by NBFCs
To curb the frenzy in the IPO market fuelled by money borrowed from NBFCs, the RBI had imposed a ceiling of Rs 1 crore on the amount that NBFCs can lend a borrower for an issue
BUSINESS
Decoded: Sebi's proposed rules to regulate algo trading by retail traders
SEBI is concerned that algo developers promise lofty returns to gullible traders, and bypass SEBI rules applicable to registered investment advisors (RIA) as mandated by SEBI. Misselling too is a huge problem.
BUSINESS
India's growth momentum strong; private capex to gain pace: Morgan Stanley’s Chachra
Morgan Stanley’s Chief India Economist Upasana Chachra expects the capex-to-GDP ratio to rise in FY25, and as per capita incomes increase, there will be implications for the consumption basket as well
BUSINESS
Decoded: SEBI’s advisory to MFs on small, midcap funds and the practical challenges
Moneycontrol spoke to mutual fund industry people and market participants. The general view is SEBI and AMFI are right about the flagging the exuberance in mid and smallcaps. Here is what they said
BUSINESS
Dalal Street’s perma bear warns of oversupply of paper; bullish on LIC, SBI
“The fact that a stock like Jet Airways without any operations is trading at Rs 50 tells you how irrational the market has become,” Sharad Shah said in a freewheeling chat with Moneycontrol.
BUSINESS
As small caps soar, HNIs ape VC funds with ‘spray-and-pray’ bets via warrants route
HNIs have become the go-to source of capital for many small companies.
BUSINESS
Next HDFC Bank will be discovered by HNIs, not FIIs; SME platform the IPL of investing: Gunavanth Vaid
Vaid has been a believer in the small and micro cap story since 2013 when he first started looking at this space seriously
