While there is a view in the market that the fall in the Sensex and Nifty may only be temporary, indices are very likely due for a significant and persistent correction because of prevailing macroeconomic conditions
Adrian Slywotzky, author of 'Value Migration' defines the term as a flow of economic and shareholder value away from obsolete business models to new, more effective designs that are better able to satisfy customers’ most important priorities
“Traders and investors may again find attractive buying opportunities in terms of risk-reward ratio if the Nifty comes down to 10,420 levels.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
Headlines across the media screamed about how the fundamental concerns in the stock markets were aptly highlighted by Uday Kotak. Stock Market participants on the other hand went about their business nonchalantly and markets once again hit a new high.
Nifty Smallcap Index rallied an enormous 57% in the year 2017 making it fourth straight year of gains.
The global GDP growth is expected to accelerate in 2018 as compared to 2017. On back of this strong growth built-up expect central banks in developed nations to remove monetary stimulus provided in last 7-8 years.
The year 2017 provided a multiple entry-point for the investor to trade off with a good deal regardless of market hitting all-time-highs, whereas government kept the market participant busy with major structural reforms.
When we look back at the journey of the Indian economy during the last 70 years since independence, there is a lot we can be justifiably proud of even while recognizing the many failures and deficiencies.
One common theme that runs across all markets and one that is causing anxiety in the markets is the war mongering between North Korea and the USA
Post the implementation of GST, a very clear trend that is likely to emerge is the higher participation of organised business and shift of business from unorganised to organised sector.
Today, India’s global position is very similar to that mid-cap company which is trading at rich valuations however undergoing some structural changes having potential to change its very orbit.
The Indian Meteorological Department (IMD)’s prediction of an “above normal” summer is bad news for most, and yet music to the ears of investors in a dozen stocks that could gain from the heat wave.
If past experience is any guide, exit polls are at best a good indicator of the trend. Hence, if we follow the trend on UP, it wouldn‘t be an overestimation to expect that BJP might emerge as a single largest party. Even if it doesn‘t cross the 50 percent seat mark, such an outcome is unlikely to rattle the markets beyond a day.
IT stocks continue to remains under pressure on back of talks of re-introduction of immigration bill which proposes to increase wages from USD 65,000 to USD 100,000.