Moneycontrol surveyed over 50 CEOs in the run up to the Budget. The survey findings show that Indian CEOs are very optimistic about the India story but say that the government should step aside and let markets flourish. Watch Shweta Punj in conversation with Mohandas Pai, former CFO of Infosys and Chairman of Aarin Capital; D K Joshi, Economist; and Rohinton Sidhwa, Partner, Deloitte India. Watch live here on Moneycontrol to know more.
The GraniteShares 1.5X Long NVDA Daily ETF, that tracks 1.5 times the daily percentage change of Nvidia, has gained 328.5% so far this year, while the stock has risen 190%.
Global voices are watching India as they believe in the future of the Indian economy. Market veterans have confidence that India can sustain high growth. But what makes the people of India optimistic about India's growth? Watch to find out. Moneycontrol is bringing to you a special series to capture India's rising economic might, as it emerges stronger from the pandemic amid a sluggish world economy.
The volumes were also positive as 11 lakh shares changed hands against the one-month daily traded average of 9 lakh
Expectations of positive recovery across segments for Tube Investment has made MOFSL bullish on the company.
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters
US stocks rose on Monday, notching fresh record highs, as investors remained bullish on President Donald Trump's economic agenda.
Kotak Mutual Fund is bullish on automobiles, cement and oil & gas companies, the fund‘s Chief Investment Officer-Equity, Harsha Upadhyaya told Moneycontrol.
About India's demonetisation, Martin Wolf of Financial Times says it is a brutal tool and its implementation was not very good. He is puzzled by the government's move. The move was carried out without printing new notes to replace the old , says Wolf.
"It is a free run for the bears. The bulls are going to start losing money even beyond 8,000 points on Nifty," says Ashwani Gujral.
"The Indian market is going to be a second or third largest Venture capitalist (VC) markets in the world," said Sid Talwar, a partner at Lightbox, which has invested USD 50 million in 2015 of the USD 200 million planned for India.
In comparison, fund managers had pumped in Rs 81,634 crore in the banking shares in August last year.
Bullish on future prospects of the domestic aviation sector, Civil Aviation Secretary R N Choubey said passenger growth is anticipated to be more than 30 percent in the coming years.
Even though most of Asian funds are overweight on India, the view isn't anything that the markets should be worried about, according to Susmit Patodia, Head of Sales, Institutional Equities, Motilal Oswal Financial Services. Emerging markets flows have been strong over the past few weeks, he told CNBC-TV18.
The markets have run up quite sharply and a correction is likely, he says. He recommends retail investors should look to invest with a long term perspective or else bottom up stock picking.
Ajay Bodke of Prabhudas Lilladher says passage of GST Bill and a positive Brexit outcome will lead to a sharp upmove in the markets.
FPIs turned net buyers of equities in March after pulling out a massive Rs 41,661 crore from the market in the previous four months (November to February).
Nifty may see some fleeting short-term resistance, but there are no major hurdles going forward and it may touch 8700 levels soon, says Jai Bala of Cashthechaos.com.
Although there were pullbacks in the market, there was a lot of resistance around the 7800 levels, says Udayan Mukherjee in a freewheeling chat with CNBC-TV18.
Anoop Bhaskar, Head, Equity, IDFC Asset Management, feels monsoons will be a crucial factor for overall economic growth because large states like Maharashtra, Punjab, Tamil Nadu and Karnataka need to contribute more to the GDP.
FPIs had turned net buyers of equities in March after pulling out a massive Rs 41,661 crore from the market in the previous four months (November to February).
Having grown many fold in the last five years, the global crowd funding industry is nothing short of bullish.
Industry experts said that fund managers have been raising their allocation in software stocks due to declining rupee against the US dollar.