ETMarkets Smart Talk: Gautam Shroff of Edelweiss Securities on where to look for next set of multibaggers
“Domestic-oriented sectors are where we see the maximum opportunity and growth potential. Reasonable valuations and good opportunity lie with private banks, insurance and domestic auto. While looking for stocks, I check the companies’ track record of cash generation, theor capital allocation, valuation and also how the market share has shaped up.”
Bullish on the capex theme? Varun Lohchab on 9 picks across sectors
“The last several years has been largely retail-led credit growth but we expect the corporate credit growth to pick up. Anyway with higher inflation levels working, capital requirements are also going up. We are fairly positive on lenders as rising interest rates would be positive for their NIMs, at least in the initial part of […]
Trader’s Guide: Stocks from IT & logistics sectors to bet on in near-term
Although there are little signs of the IT universe finding its bottom, a few stocks from the midcap IT pack are showing some signs of a formation of a base and a potential resumption of an up move. One among such stocks is this midcap IT company.
Big Movers on D-St: What should investors do with ITC, IOC and Infosys?
As long as the stock is above Rs 335, the uptrend wave is likely to continue. A close above Rs 335 could take the stock towards Rs 355-360. Traders may prefer to exit from trading long positions on a close below Rs 335.
What changed for market while you were sleeping
Asian stocks limped toward a fourth straight weekly decline on Friday and bonds nursed big losses as investors scrambled to catch up with the U.S. Federal Reserve’s interest rate outlook, while currency markets were on edge at the end of a wild week.
Stocks in the news: Aster DM, Tata Steel, HCL Infosystems, Aurobindo Pharma and M&M Financial
The board of Tata Steel has approved the amalgamation of 7 of its subsidiaries – Tata Steel Long Products, Tata Metaliks, The Tinplate Company of India, TRF, Indian Steel & Wire Products, Tata Steel Mining and S&T Mining into and with its parent company Tata Steel.
Mega Merger: 7 metal companies of Tata Group to be merged with Tata Steel
The board of Tata Steel has approved the amalgamation of 7 of its subsidiaries – Tata Steel Long Products, Tata Metaliks, The Tinplate Company of India, TRF, Indian Steel & Wire Products, Tata Steel Mining and S&T Mining into and with its parent company Tata Steel.
Vodafone Idea struggles to finalise 5G deals
Vodafone Idea owes around ₹3,000 crore to Finnish equipment supplier Nokia and up to ₹1,000 crore to Sweden’s Ericsson in 4G-network-related dues.
Wall Street ends down for third day as growth concerns weigh on tech
The S&P 500’s forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings – far below the nearly 22 times forward P/E that stocks commanded at the start of the year.
Review of holding rule likely to give FPIs more room on Indian bourses
An FPI is barred from making fresh purchases of a stock on the floor of the exchange once its stake in the company exceeds 10%. This stems from the regulation under which the entire holding is treated as foreign direct investment (FDI).