Simply avoid taking new positions in stock if its results are due within a week. Booking your profits and staying away from the stock before its results are announced is not a bad idea
Sakshi Batra does a 3 point analysis of the hotels sector and identifies the stocks that could outperform peers in the upcoming quarter.
The company has registered a net profit of Rs 154.33 crore during the October-December period of previous fiscal.
CNBC-T V18‘s Varinder Bansal gives an insight on midcap outperformers that might have missed the eye of investors in this earnings season.
Speaking to CNBC-TV18, Gautam Chhaochharia said that he expects an earnings growth of around 10 percent for the fiscal year 2017 and sees a strong fourth quarter for the pharma sector on a year-on-year basis.
Asia markets were trading mixed mid-morning after stocks in the US closed slightly lower as investors looked ahead to earnings season. S&P 500 fell back into negative territory for the year so far.
According to Bruno Verstraete of Lakefield Partners, US dollar will show the way for the market â€“ weaker the dollar better it is for commodities and emerging markets because it will help bring back risk-on in the market.
Earnings are trending lower, says Vetri Subramaniam, CIO of Religare Invesco Mutual Fund. According to him, FY16 and FY17 growth estimates are likely to be revised lower by the end of the earnings season
Andrew Holland of Ambit Investment Advisors is bullish on the banking sector, especially private sector banks, as he believes there is still room for the Reserve Bank governor Raghuram Rajan to go in for more rate cuts. However, he is not too keen on the NBFC space and prefers banks over it
Indian shares look poised to open in the green tracking Asian indexes that are largely higher.
In an interview with CNBC-TV18, Gautam Sinha Roy of Motilal Oswal Asset Management Company, Parag Thakkar of HDFC Securities and technical analyst Rajat Bose discussed stock and sector strategies investors and traders should adopt ahead of the start of the second quarter earnings season.
Market expert, Ajay Bagga is bullish on largecap IT and expect them to report a 10-12 percent dollar guidance.
Dipan Mehta, Member at BSE and NSE says as the Indian markets are concerned, he believes corrections like this are good for investors who have been left out, but traders, he cautions, should be extremely quick and avoid leverage positions
Arora said earnings season, too, is delivering on muted expectations. Overall, there's nowhere to go, except to follow liquidity, he feels.
Firms like Peugeot, Volkswagen, Phillps and in the US United Technologies continue to highlight the challenges of doing business in a slowing Chinese economy.
Talking about Bank Nifty, Taher Badshah of Motilal Oswal AMC says recapitalization of Rs 25,000 crore for the public Sector Banks (PSBs) this year, is going to be positive in the long term.
Andrew Holland, CEO of Ambit Investment Advisors, says the market is taking the meltdown in China too lightly.
With markets in the midst of the first-quarter earnings season, analyst Prakash Diwan of Altamount Capital, Dipan Mehta and Rahul Mohindar of viratechindia.com picked out stocks and sectors they believe investors should bet on.
Saurabh Mukherjea of Ambit Capital says foreign investors have been voicing doubts on whether they should reduce their India exposure meaningfully, which is a drastic change from last year's sentiments.
Taher Badshah of Motilal Oswal AMC says from a one-year perspective, earnings will have to grow upward of 15% to push the market ahead. So the government reforms will have to fall into place for the desired 15% upward push to earnings, he adds.
Awasthi expects market to re-rate on inflation and growth based tailwinds. In fact, he believes the recent election-led euphoria discounts the expectations of pick up in growth.
Watch independent market expert Ambareesh Baliga interview to CNBC-TV18‘s Anuj Singhal where he says the upside is limited from current levels and investors should use today‘s correction to book some profits.
In an interview to CNBC-TV18‘s Menaka Doshi and Anuj Singhal, market veteran Raamdeo Agrawal spoke about the investor sentiment on India at the Motilal Oswal Investor Conference and his outlook on the economy and its stock market.
A Kotak report said net profits of the BSE-30 Index grew 19.3 percent (YoY), marginally ahead of its estimate of 18.2 percent growth, while the EBITDA grew 31 percent (YoY) versus the expectation of 29.5 percent growth.
With the US Fed deferring its tapering plan, and causing FIIs to park their funds in emerging markets, of which India was a big beneficiary; and domestically, the rupee stabilising at 61-62/ USD, along with a reasonably good earnings season, the rally was justified, says Sunil Singhania, head-equities, Reliance Mutual Fund.