BUSINESS
Udayan@Moneycontrol: NBFCs not 'attractive' despite steep fall, market has priced a 25 bps rate hike
FIIs are selling out, but SIP inflows are supporting the market so far. If SIPs start diminishing, the market will take a significantly hit.
BUSINESS
Not a good time yet to short the market; upside in Coal India capped: Udayan
Mukherjee said the currency space needs to be monitored closely because the first sign of trouble usually manifests in the currency market than in the stock market.
BUSINESS
Stick to index, debt; don’t get adventurous about midcaps, says Udayan
Mukherjee says the early trends of the first quarter earnings season seems to indicate that the Nifty may struggle to log a 25 percent earnings growth for this financial year. That is because there are hardly any sectors capable of delivering huge earnings surprises
BUSINESS
Expect a sharp global correction by Diwali; worst over for pharma: Udayan Mukherjee
I would be very surprised if pharma companies went back and made new lows or broke their lows from which the rally started, says Udayan, adding the could be over for the sector.
BUSINESS
Markets@Moneycontrol: Markets lose steam after three straight days of rallying
Spike in bond prices led to a sharp fall in public and private banks as the Bank Nifty shed over 270 points, Axis Bank, Kotak Mahindra Bank, ICICI Bank, Yes Bank, and Federal Bank, among others ended in the red.
