BUSINESS
Valuations getting expensive, markets may correct in near term: Tata AMC's Rahul Singh
Singh finds the power and pharma sectors most promising at the moment, but consumption, not so much. He believes some new-age companies are also coming of age.
BUSINESS
Taking Stock: Sensex up 167 points, Nifty finds resistance at 21,800 in a choppy session
Market breadth was in favour of losers. About 2,509 shraes declined, 1,329 advanced and 94 were unchanged
BUSINESS
From Budget to Budget: FIIs net sellers in the last one year, DIIs flush market with money
DIIs have been extremely bullish on equities, buying stocks worth Rs 1.72 lakh crore. DIIs were sellers in just two out of the last 12 months – May and July. The biggest reason for heavy DII flow is the fact that mutual funds have been flushed with retail money.
BUSINESS
From Budget to Budget: Top 10 large-, mid- and small-cap gainers of the last one year
PSU stocks have gained traction as investors have run after value stocks. Most PSU stocks, despite rallying in the last couple of years, trade at a discount to their private peers. This continued to attract investors.
BUSINESS
US Fed should start cutting rates in next two meetings: Ritesh Jain, Pinetree Macro
When Fed chairman says that “we do not know where neutral rate of interest is” they are admitting that they have got the decision so wrong in past, said Jain.
BUSINESS
US Fed keeps rates steady, says ways to go for soft landing: 7 key takeaways
The Fed believes that the inflation has come down from its highs but “remains elevated”.
BUSINESS
India Budget: What real estate sector wants from Nirmala Sitharaman
The interim budget may not have major policy announcements but some populist measures may be proposed to help the ruling party clinch another victory in the upcoming general election.
BUSINESS
Budget 2024: Can housing and housing finance companies get a boost from Nirmala Sitharaman?
On the list of demands are tax sops, lower taxes on registration, and an expansion of the definition of affordable housing, all of which could help the middle class.
BUSINESS
Sensex, Nifty rebound from day’s lows but near term worries persist
Some volatility was seen during the day as monthly and weekly futures and options (F&O) contracts for Nifty were set to expire today. Quarterly earnings showdown of key companies also helped set the mood of the market.
BUSINESS
Q3 preview: Tech Mahindra to see flat revenue, but healthy margin growth to boost net profit
A consensus of seven analyst estimates pegs Tech Mahindra’s Q3FY24 net profit at Rs 763 crore, up 54% quarter on quarter (QoQ); and revenue at Rs 12,957 crore, up just 0.72% QoQ
BUSINESS
MC Markets Graphixstory: A year of Hindenburg report — Adani stocks then and now
Two stocks, Adani Ports and Adani Power, are trading at far higher levels than they were when the report came out. A few have stabilised but some are still languishing at the levels seen in the aftermath of the crash
BUSINESS
MC Markets Graphixstory: Incomes rising, but not all investors choose equities to park their money
The per capita income growth in states like Odisha and Telangana are above 16 percent. Taking growth in number of investors from a state as proxy to growing investment towards the stock market, is stock investment becoming popular in these states?
BUSINESS
MC Markets Graphixstory: Among autos, three-wheelers lead growth race by a mile
In 2023, over 4.74 lakh passenger e-rickshaw sales were sold against 3.06 lakh units in the previous year, FADA members reported. E-rickshaw with cart, used to ferry goods, sales were also up at 35,202 units against 21,900 in 2022
BUSINESS
US Fed policy rate will not go to zero, will be around 3% over next 5-10 years: Howard Marks
In the last 2-3 years, the US Federal Reserve has been forced to raise interest rates as inflation induced a cost of living crisis – moving away from an ultra-low interest rate regime.
BUSINESS
MC Markets Graphixstory: Where did FIIs invest in December?
FIIs net bought Rs 29,168 crore of banks, financials services and insurance (BFSI) stocks during December. The sector has largely underperformed in the last one year. IT, another underperformer, netted an investment of Rs 5,185 crore.
BUSINESS
MC Markets Graphixstory: Are MF investors missing the opportunity in largecap funds?
Investors continued investment in smalll and midcap funds can come to bite them, especially those who are new to these categories, if what analysts say comes true
BUSINESS
Budget 2024: BudEx, the MC Budget Sensitive Index, is back again to map the market moves
The index, heaving 30 constituents, measures what kind of expectations are being factored in by the stock markets in the run up to the Union Budget, which is scheduled to be presented on February 1.
BUSINESS
Taking Stock: Last hour selling wipes out morning gains; Sensex, Nifty end flat
Market breadth was in favour of gainers. About 2,243 shares advanced, 1,602 declined and 99 remained unchanged
BUSINESS
Taking Stock: Banks, FMCG drag Sensex 671 points lower, Nifty ends near 21,500
Market breadth was neutral. About 1,753 shares advanced, 1,746 declined and 83 remained unchanged
BUSINESS
Taking Stock: Market gains for the second day, IT stocks on the up
Market breadth favoured gainers. About 2,225 shares advanced, 1,609 declined and 102 remained unchanged.
BUSINESS
45 companies buy back Rs 48,000-cr shares in one year
A buyback is when a company purchases its own shares in the stock market from existing shareholders. It is the most tax-efficient way to reward shareholders.
BUSINESS
Taking Stock: Sensex falls 536 points, Nifty near 21,500; realty, PSU banks see buying
The broader market outperformed the benchmarks, tilting the market breadth in favour of gainers. About 1,864 shares advanced, 1,449 declined and 73 remained unchanged
BUSINESS
MC Markets Graphixstory: What is behind Pakistan's galloping stock markets?
Pakistan's flagship KSE100 index is the second best performing headline index in the world in the last year, delivering about 63% return. The index lags only Argentina's S&P MERVAL that has soared 360% in a year
BUSINESS
MC Markets Poll: Pharma, banks on 2024 hotlist, defence, oil & gas fall out of favour
About 57 percent of those polled – out of 35 analysts and fund managers – believe pharma and healthcare is going to outperform Nifty in 2024. Only 9 percent of the polled believe one should avoid this sector during the year.
