Experts expect 8-11 percent YoY sales growth in Q3FY23. On the operating front they foresee growth of 4-10 percent YoY in EBITDA
Pharma Q1 Preview: Experts expect a 6-10 percent YoY sales growth in Q1FY23, however, on the operating front, they foresee an 8-10 percent YoY decline in EBITDA
Nifty IT Index has corrected 27 percent year-to-date due to rising supply side shortages, fall in margins, higher attrition, rising sub-contractor and travel costs, rate hikes by the US Fed, fears of recession and geo-political tensions in client-centric regions.
Earnings Q1 preview| Better demand in non-trade channels supported cement offtake and the data released by core sector output also suggests the cement production has improved by ~15-16 percent in Apr-May’22 compared to the last year owing to the lower base.
Moneycontrol Analysts’ Call Tracker June 2022 reveals underperforming stocks of the past year inching back in favour
Analyst downgrades far outpace upgrades even as rating changes are not happening at an alarming rate yet
LME Copper prices hit record highs at $10,845/tonne in early March 2022 but are now down more than 21 percent to $8,595/tonne
New investors entering the market and high participation by people from smaller towns has made the broking business very exciting for Angel Broking’s MD Dinesh Thakkar. He also supports regulatory moves on overleveraging and expects machine learning and artificial intelligence to replace human intervention to some extent.
Nifty could continue to slip, and in the medium term may give up 10,800 levels. Prefer Biocon as a bet in pharma, and ONGC from the oil and gas space.
The Moneycontrol Research team conducts in-depth analysis, striving to identify investment opportunities that can create value for investors.
The camp will be the perfect place for investors to get up to speed with the latest market trends and receive some sound investing advice from some of the best in the business.
Investors are advised to stay light and not be in a hurry to create fresh long positions on the index. Keep a stop below 10600 for all long positions.
Investors are advised to watch the price action in the next couple of sessions to confirm the trend. Till then, they should remain long with a strict stop loss placed below 10,690 levels.
H-1B visa reform is still highly probable, as President Trump wants change. If new legislation were enacted, it would cause significant issues for several stakeholder groups, but there will be winners and losers.
Flows from domestic investors are likely to be supportive while foreign portfolio investors (FPIs) could also invest more when they see the earnings recovery.
What are negative interest rates and why do they exist? Detailed below is everything one needs to understand about this phenomenon.
In the near term, the government will try to keep the impact of GST least disruptive as possible
The index took 42 trading sessions to rally nearly 5 percent or 500 points from 9,000 to 9,521 on May 17, but there was plenty of stock specific action. As many as 354 stocks from the Nifty 500 index outperformed the Nifty50 index.
Most broking firms do not expect any rate cuts in the near future, due to macro-economic constraints more than anything else.
Amid fears of policy paralysis and a widening fiscal deficit, a heightened political rift is the last thing Indian investors bargained for. The market today went into a tizzy, closing nearly 400 points down, quite contrary to the firming trend in Europe ahead of the EU Summit.