BUSINESS
Investors over-bullish on PFC, REC; risk-reward not impressive: Green Edge’s Digant Haria
Digant Haria, founder of Greed Edge Wealth, explains the business models of these companies, the challenges they face on margins and why a big improvement in the financial health of ailing electricity boards may turn out to be counterproductive.
MARKETS
Short Call | Of tired bulls and freak trades; Dixon, Bajaj Finance, Shree Renuka, Home First in focus
Big investors have been consistently saying that they are moving their money out of frothy midcaps and smallcaps and shifting to largecaps
BUSINESS
Gold loan deep dive: Banks in retreat, but no cakewalk for Manappuram, Muthoot
Gold loan companies may not see the same rate of growth as they have in the past, but are unlikely to be run over by banks as most investors fear, says Digant Haria, founder of Green Edge Wealth
BUSINESS
Short Call | Focus on Berger Paints, Gujarat Gas, Dabur; Risks to capex; India's entry into global bond index
Despite two consecutive sessions of sharp declines in the indices, investors remain calm. Their rationale appears to be that there is little incentive to go through the hassle of selling when the overall sentiment remains optimistic, as it could lead to regret later on.
MARKETS
60,000 loss to 3.5 lakh gain in 27 seconds! Derivatives trader shares his experience
“It was nothing but blind luck,” admits Kapilan, “…it had nothing to do with my strategy or my skill as some people would like to believe.” Kapilan has been a full-time derivatives trader over the last two years.
BUSINESS
Short Call | From MCX's transition to Cathie Wood's concerns; Thyrocare, REC, UPL in focus; Global metal deficit woes
With oil prices looking set to stay in the 90s for the foreseeable future, the probability of inflation springing a nasty surprise is more likely than a pleasant one.
MARKETS
Noisy promoters, information overload make spotting mid, small cap winners tough: Jatin Khemani
Sifting through all the information and competing with others racing in the mad scramble will require a deeper understanding of the industry and the company, says Jatin Khemani.
BUSINESS
Short Call | From 'ouching' bears of crude oil to inflation fight; focus on Bajaj Auto, Blue Star; and forex woes
A commodity said to be in decline has come back from the dead and now threatens to upset inflation targets as well as political fortunes, should the trend continue
BUSINESS
Stalwart’s Khemani is betting on agrochemical and agro processing companies
The outlook for the agrochemical sector is dull at the moment, but Khemani is confident the cycle will turn. Similarly, he feels that the downcycle in the agroprocessing sector may be nearing its end.
BUSINESS
Short Call | ‘Reluctant’ money in mid, small cap rally, capex boom, Tata Steel, Texmaco in focus
Traders who lost money in oil refining stocks like Chennai Petro and OIL India last year when the government suddenly announced windfall gains tax, can take some solace in knowing that India is the not the only market where such things happen
BUSINESS
Frankenstein algos: Exchanges, SEBI need to spell rules for retail traders
Explosive growth in options trading has led to the rise of third-party algorithmic trading service providers, many of whom flout SEBI regulations by hawking the promise of guaranteed returns. Naturally, there are concerns about the disruption that can be unleashed by an algo gone awry
BUSINESS
Short Call: Unstoppable bulls, Berger Paints, REC, PFC in focus, Dalio’s cash call, China spars with EU
Investors in India are piling onto mid and small caps with renewed vigour. In a couple of weeks the narrative will once again shift to quarterly earnings.
BUSINESS
Short Call: Sugar, railway stocks in focus, Uranium in bull market, work-life balance
Market is divided on whether these stocks have peaked for the time being.
BUSINESS
Pharma deep dive: Not the time to buy hospitals, bullish on diagnostics, says Incred’s Khemka
Khemka also says there are many reasons unbranded generics won’t work in India.
MARKETS
Short Call | Why madcap rally in smallcap space may last for a while; BEL, Tata Chem in focus
A section of the market feels the midcap and smallcap shares have peaked for the time being, but that will be known only much later
MARKETS
Short Call | Time to book profits? Adani Ports, defence in focus, global energy stocks in demand
Given the fantastic gains in such a short time, experiences would suggest that this is a good time to be taking some money off the table
BUSINESS
What makes Karma Cap's Rushabh Sheth bullish on pharma, ports and media?
Sheth’s big bet on pharma is solid growth in the domestic market leading to market share expansion for key players, and that on media is about consumers increasingly becoming open to pay for quality content. He sees ports as critical for driving manufacturing efficiency.
MARKETS
Short Call | Nifty aims for Mt 20,000, Tata Steel, IRCTC in focus, Balrampur Chini gets sweeter, and China market booster
The argument for Nifty hitting Mt 20K this time is that even if investors decide to pull out money from midcaps and smallcaps, they are likely to deploy that money in largecaps
BUSINESS
Fat finger error in Sensex options at 40x market price; costs trader Rs 78 lakh
This is the second major instance of a freak trade in the derivatives market in less than a month.
BUSINESS
Short Call: PVR, United Breweries, Axis Bank in focus, Saudi metal ambition, dollar strength
Interest rates and inflation seem to be the least of the concerns back home. This seems to be the season to blindly believe in every story that is doing the rounds.
BUSINESS
Short Call: A sense of euphoria, Tata Steel, Symphony in focus and the latest on China
Profit booking pushed the Tata Steel stock down 1.6 percent lower on Wednesday. Here are some other stocks in focus
BUSINESS
The shadow market for ‘proprietary’ stock trading is showing signs of unrest
Proprietary brokers who are subletting their trading terminals against rules have been under pressure of late because of inspections by the NSE, forcing a change in the arrangement with the traders, leading to friction.
BUSINESS
Short Call | Power play at bourses, hope for IT services amid fresh crude shock; Jubilant, Voltas in focus
Rally in mid-cap and small-cap shares is tempting the resoluteness of most people who have so far resisted the temptation
MARKETS
Short Call | Quest for new stories, cheap diamonds, Morgan Stanley’s post-poll forecast, Berger Paints, Escorts in focus
The rally in mid-cap and small-cap shares shows no signs of abating, but there are signs that it may soon turn out to be a race to the bottom
