Pay cuts are back at IT firms as Infosys, Wipro and TCS trim variable pay-outs and CJ believes this will now aid revival in margins. Santo, though, is worried that it is a sign of bad times ahead. Watch the duo debate over what lies ahead for Indian IT stocks plus share their thoughts on Eicher Motors, Lupin and GMDC.
Europe’s losing streak continues with key bourses shutting shop in the red. Fears of more aggressive interest rate hikes from the US Fed and the ECB returned to the fore and marred investor sentiment. Stoxx 600 ended 1 percent lower, Dax skid over 2 percent, and CAC was down nearly 2 percent.
ITC has had a stellar year so far but CJ is concerned that the stock's success could also be the catalyst for its decline in the remainder of the year. Santo, as always, retains his bullishness for a stock that has proven everyone wrong. Watch the duo debate on whether it's time to book profits in ITC or double down. Plus know their thoughts on GAIL India, Sun TV and Manappuram Finance.
Paytm's CEO Vijay Shekhar Sharma has passed his toughest test as a CEO with resounding victory and CJ believes that the stock could continue its recent upward journey but Santo sees concerns emanating from company's AGM. Watch the duo clash over the future of VSS and Paytm plus share their thoughts on ONGC, Cholamandalam Investment and JSW Steel.
European markets closed lower on Friday, tracking global uncertainty as investors chart the course for monetary policy and continue to digest corporate earnings reports. Stoxx 600 ended 0.8 percent lower, while other bourses shed over a percent each, and FTSE ended mildly higher. Stocks in the spotlight today: AstraZeneca, IIFL Finance, CAMS and Oriental Hotel. We also discuss if it is still the right time to buy auto stocks.
Markets ended on a negative today with the Nifty down by 1.10 percent to 17. 758. Small cap indices lost 1 percent. Watch the video to catch all about today's market.
IRCTC wants to monetise the millions of bytes of ticket data it has collected from its customers and CJ feels this will add a new lever of revenue for the company but Santo is wary that it will still not be enough to convince scared investors. Watch the duo debate what lies ahead for IRCTC plus share their thoughts on RIL, Coromandel International, and Vedanta.
Rubber prices hit a 19-month low. Good news for tyre companies? Find out why with Karunya Rao and Manisha Gupta.
Energy crisis in Europe and China is forcing plant closure of major industrial metals in both regions, CJ believes this could be a trigger for a new rally in global commodities but Santo warns that any rebound will likely be short-lived. Watch the pair clash over the outlook for global commodities plus share their thoughts on Hindalco, ONGC and JK Cement.
Europe ended higher following a choppy session, amid continuing market caution over the inflationary outlook. Stoxx 600 was up 0.3% by the end of the day, having reversed earlier losses. Stocks in the spotlight today – Max Healthcare, Wipro and Metropolis Healthcare. We also explore the confluence of likely strong festive demand and falling commodity prices in the coming quarters. Could consumer-facing businesses have a good run?
DMart has unveiled brave expansion plans as it finally looks to unleash itself on Indian retail and CJ believes the market will love it but Santo feels valuations are too rich for comfort. Watch the duo debate what DMart's new plan means for the stock and share their thoughts on SBI Cards, IEX and IndiGo.
Gold and silver prices fall to a 2-week low. Is it a good time to buy as India enters festivities? Find out with Karunya Rao and Manisha Gupta
Is it time to start looking at IT stocks again? Sector cheerleader CJ agrees with CLSA's bullish view, but Santo feels it is too soon to get excited considering the looming slowdown in the US. Also, watch the duo spar on CESC, KPIT, Sona BLW and Kirloskar Oil Engines
Europe markets retreated yesterday, having struggled to build positive momentum so far this week. Stoxx 600 slipped 0.5% by early afternoon, having given up earlier gains. Dax shed nearly 2%, while CAC ended over a percent lower. Stocks in the spotlight today – Natco Pharma, ONGC, Craftsman Automation. As several new NFOs hit the street, we decode if mutual fund investors should bet on them.
Steel stocks have seen strong gains in recent weeks but CLSA India believes it's unsustainable and so does Santo. But, CJ is adamant that market is sensing a recovery rally in the sector. Watch the duo lock horns over the fate of the Indian steel stocks plus their thoughts of Max Health and HDFC AMC.
EU move to scrap GSP benefits for several sectors should prompt New Delhi to pursue an exclusive trade pact with Brussels in right earnest
LIC's Q1 results were strong on a year-on-year basis but showed weakness from the previous quarter. CJ believes that the life insurer's stock will continue to struggle but Santo's sees scope for turn around after a dreadful first three months on the bourses. Watch the duo debate what lies ahead for LIC's stock plus share their thoughts on Muthoot Finance, Astral Pipes and Zomato.
How much time and money will SMIC sink into producing its new semiconductor at scale?
Rakesh Jhunjhunwala, a stalwart of the stock market also known as India's own Warren Buffett, is no more but his legacy lives on through his $5 billion stocks portfolio. Watch Santo & CJ discuss their favourite stocks from the Big Bull's portfolio as they pay tribute to India's wealthiest investor.
Europe markets extend the positive trend seen last week. US stock futures were flat on Monday night after all three major averages gained during the trading session. This week, investors will also be watching for the minutes from the Federal Reserve’s July meeting for further clues as to how the central bank will hike rates to tame inflation. Stocks in spotlight today: Hero Moto, LIC and Zee Entertainment. We also answer your stock queries LIVE with Nilesh Jain
Indian shares edged lower in early trade on Friday with Sensex up 0.22 percent and Nifty up 0.22 percent. Smallcap indices ended marginally higher. Watch the video to catch all the market action for today.
At the interbank foreign exchange market, the local currency opened at 79.22 and saw an intra-day high of 79.22 and a low of 79.69 against the American currency
Coal India's jaw-dropping Q1 results have got CJ excited for what lies ahead for the stock but Santo believes that the anti-ESG brigade and PSU tag will not let stock see its record highs anytime soon. Watch the duo debate whether Coal India should be fancied by long-term investors or not. Plus the duo share their thoughts on Hindalco, IndiGo and SAIL.
Hotel sector sees strong Q1FY23 performance. Shares of the toll booth and hotel companies are expected to bump up ahead of the long Independence day weekend. We speak to Bharat Gianani of Moneycontrol Pro Team. Stock in spotlight today: Tata Consumer, Eicher, Coal India. We also answer your stock queries LIVE with Chandan Taparia.
BPCL and HPCL's Q1 results were ominous as both companies reported significant losses but CJ believes the worst may be over for both stocks. On the other hand, Santo sees scope for more pain for investors of BPCL and HPCL. Watch the duo battle it out over the PSU refiners plus their thoughts on Shriram Transport, Metro Brands, and Hubtown.