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.
Wall Street’s benchmark S&P 500 lost 0.2% on Friday after government data showed American employers added more jobs than expected in June.
Paytm's Q1 results were a mixed bag but CJ sees enough positives for the stock to continue its revival story. Santo, however, is unimpressed by the continued widening of losses of Paytm. Watch the duo lock horns over the sustainability of gains in the new-age tech company. Plus the duo share their thoughts on Nykaa, SBI and M&M.
As key banking and financial earnings wrap up for the quarter gone by, we fetch you a review of banking sector Q1 as well as share outlook for the coming quarters. Insights from Binod Modi of Sharekhan. Stock in spotlight today: SBI, Paytm, Marico & OMC stocks. We also answer your stock queries LIVE with Shrikant Chouhan of Kotak Securities.
In this week's Markets Weekly, we decode the key trends in Q1FY23 corporate earnings, global triggers for stock market and analyse the macro numbers. We also get you the top sectoral picks from Motilal Oswal Financial Services.
Titan reported blockbuster Q1 earnings and CJ believes that the stock is in for a strong 2022 but Santo remains sceptical given valuations are punchy. Watch the duo debate what lies ahead for Rakesh Jhunjhunwala's favourite stock. Plus the duo's thoughts on ICICI Bank, TCNS Clothing and Manappuram Finance.
The notification allowing exports would be issued by the end of the day.
The RBI's Monetary Policy Committee will release the outcome of its 3-day meeting today and all bets are on another repo rate hike but CJ believes that this could be the last one for 2022. Watch Santo & CJ debate what lies ahead for RBI's rate hike trajectory plus their thoughts on Adani Enterprises, Gujarat Alkalies and Dabur India.
IndiGo's second straight quarter of net losses is hardly inspiring but Santo is inspired nonetheless as he bats for the airliner. CJ, however, sees grey skies ahead for the company battling high costs. Watch the duo debate on what lies ahead for InterGlobe Aviation and whether it merits your attention. Plus CJ & Santo share their thoughts on Hindalco, Devyani International and AU Small Finance Bank.
OPEC and its allies agreed to raise their collective oil production by 100,000 barrels a day in September. Is the move expected to impact crude oil prices? We speak to Manisha Gupta of Moneycontrol. Also, Stock in spotlight today: Hindalco, Inox Leisure, Redington and AU SFB. We also answer your stock queries LIVE with Ruchit Jain of 5paisa.
Saregama Q1 results were stellar and the underrated stock has caught CJ's attention but Santo believes the best of upside may already be behind the stock. Watch the duo debate where Saregama's stock can go from current levels plus their thoughts on UPL, Varun Beverages and Exide.
Europe energy crisis is pushing the economy closer to recession and is raising questions on the region's climate change ambitions. Karunya Rao and Manisha Gupta decode the reasons for the crisis.
Siemens India Q3 earnings showed glimmers of recovery in India's much-awaited capex cycle with Santo seeing positives for the long term, but CJ remains sceptical and highlights the challenges facing the company. Watch the duo share their thoughts on what lies ahead for Siemens, Voltas, and Deepak Nitrite.