Over half of the investments in the quarter came in March alone.
India Ratings in a report on Tuesday said these factors along with rising inflation will impact borrowers cash-flows, which will also hit the asset quality marginally.
In the first half of the current fiscal, the economy has grown at 9.7 per cent -- 6.3 per cent in the September quarter and 13.5 per cent in the previous three months, and forecasts for the full year vary from a low of 6.6 per cent to 7 per cent.
Near-term headwinds verticals like IT are evident in both in earnings and stock prices, Anand Radhakrishnan, Chief Investment Officer, Equity, Franklin Templeton Investments told CNBC-TV18. He added that the situation doesn‘t look like companies in space are de-growing but relative comparisons with other sectors make investors wary.
There continues to be worries over global growth especially in relation to the US, says Pradhan. As far as IT sector is concerned, significant headwinds exist in Europe and Japan, he says
The healthcare sector is facing many US Food and Drug Administration (FDA) hurdles. This is only a temporary turmoil, he says. The big Pharma names from India have huge opportunities in the US as the demand for generic drugs from India steadily rises.
The headwinds seen during FY16 should start easing going forward and by the March quarter, market conditions should be favourable, says Prashant Vishnu Vatkar, Managing Director, Hyderabad Industries
Gold has been left with few friends as a result, while a plethora of headwinds have made it difficult to find gold's bright side. Yet, some analysts think this is exactly why prices could surprise to the upside next year.
Australia's once-resilient economy may have finally succumbed to headwinds, but that won`t impact the pace at which the country is minting millionaires, a new survey shows.
Rashesh Shah, chairman and CEO of Edelweiss Financial Services feels that the company could post a 40 percent growth year-on-year (YoY) due to a diversification in their business.
A survey by HSBC f 700 businesses worldwide shows that firms are still apprehensive to use Yuan, the Chinese currency. Analysts believe that it may be due to the lack of education and lack of understanding to use those benefits.
Amit Dalal of Tata Investment says that the main factor of concern is economic data, which is the one reason why the market will correct downwards in the months to come.
We are bang in the midst of earning season, so there will be a lot of stock specific activity even if the market chooses to consolidate the recent gains says CNBC-TV18's managing editor, Udayan Mukherjee.
Here are a few brokerage views on certain stocks that needs your attention. Check it out!
Titan Industries shares recouped some of the losses suffered from the CLSA rating downgrade on Wednesday. However, analysts still refrain from advising a “buy” on the jewellery and watch maker saying valuations still remain stretched.