Kausshal Dugarr, founder of Teabox, an online source for premium teas, is in the business of a brew which is often defined as the cup that cheers or soothes. In this interaction, Dugarr speaks of what he would do if the air was free of the spectre of COVID.
Every fall is an opportunity to enter the market and as we progress towards the US election, the market volatility will only increase.
Aditya Puri is optimistic that recovery is happening and believes a lot of positivity is needed to improve sentiment
Month-on-month economic data has been positive and most companies have seen an uptick in sales. The economy is keeping pace with the stock market and Nifty earnings will see a growth this quarter, says Sunil Singhania, founder, Abakkus Asset Manager
From the next 2-3 years perspective, we are bullish on IT, Healthcare and Speciality Chemicals. Investors can benefit from these themes which are playing out well currently and it is crucial to build a portfolio.
One-sided growth makes people overestimate their ability to predict market or stocks and misconstrue luck with analysis or understanding, says Wealthyvia.com founder Pritam Deuskar.
EIH Ltd, which runs hotels and resorts under the Oberoi brand, drew a strong response for its recent rights issue. The issue was subscribed 160 percent. EIH, which has struck a long-term strategic alliance with Mandarin Oriental, a key player in the Far East , is betting on a turnaround in the bruised hospitality segment by H1 2021 once vaccines are readily available. With India’s busiest travel season round the corner, Moneycontrol’s Ashwin Mohan caught up exclusively with Vikram Oberoi, Managing Director and CEO of the Oberoi Group for a free-wheeling chat on consolidation in the sector, ‘revenge tourism,’ pick-up in leisure travel and much more.
There have been some positive developments in a few companies, but that alone does not justify the sharp re-rating in multiples, says MD of Kotak Institutional Securities
We believe Nifty50 will find support near to its band of short term averages of 11430-11480 levels and also 61.8% retracement of the recent up move (10,800-12000) levels.
The Nifty 50 recorded a big bearish candle this week, which is a sign of market trading at overbought levels in the short-term and loss of control by the bulls.
For Nifty, 12065 remains a strong headwind above which the move towards 12146 followed by 12416 could be a quick affair while a decisive weekly close below 11580 would dampen the bullish sentiment.
According to Mobius, the fall will depend on how long the dispute lasts.
After heading Infosys Foundation, the philanthropic arm of IT services firm Infosys, for 25 years, chairperson Sudha Murty will retire from the foundation in December 2021
Most of the sectors or stocks have factored in a lot and more in the past 3-4 months. Many stocks are trading at 30-40% above pre-Covid levels and have got re-rated massively.
In our view, reducing GST rates will incentivise consumers to spend thereby boosting domestic demand over a period.
The market is in consolidation mode with 'low conviction coinciding with strong liquidity'. This makes the market narrow and the index level meaningless.
Commercial office business principally depends on technology-related services. As offshoring becomes more popular, this will benefit Indian software companies and boost the office leasing market, said Michael Holland
Investors need to be careful going forward as the Nifty-50 is again moving closer to its previous peak. Structurally, our markets are still in a bullish phase as the Nifty-50 sustained above the 200 DMA in the recent correction.
The RBI has taken a number of measures to (i) keep a lid on yields and (ii) increase the absorptive capacity for government bonds.
With one side move in Nifty, support levels are far below, which makes the life of a positional trader difficult to identify stop loss levels without compromising on risk-reward ratio.
After a swift rally of more than 1000 points, a mild pullback cannot be ruled out. Though the outlook on the market is still bullish and traders are suggested to keep a buy on dips approach.
Whilst there is no denial of the fact that the market is primarily driven by the excess liquidity, but we also need to bear it in mind that the market price always reflects the present value of the future cash flows.
The railways has turned to private players to redevelop stations and wants to bid out at least 50 stations by March 2021. How will the plan work out and what about the user charge that is facing opposition? IRSDC MD and CEO Sanjeev Kumar Lohia answers these questions and more
Any decline towards 11,400-11500 levels would be a good opportunity to add longs for a higher target of 12,800-13100 over the next few quarters.
At SageOne, we always strive to build and maintain a portfolio of superior businesses with high earnings growth (20%+ CAGR) available at a cheap or fair valuation.