India’s spice exports see uptick as supply-chain bottlenecks ease, Covid pandemic wanes
“The export market had slowed down in the first five months of FY23. But now it has started picking up and we are bullish that this trend will continue over the remaining period of the fiscal year,” said Ramkumar Menon, chairman of the Kochi-based World Spice Organisation (WSO).
How effective are market regulations in controlling manipulations through Twitter
The dramatic twists and turns of negotiating a corporate deal, which are typically confined to the boardrooms, were played out for the world at large, with Musk never shying away from expressing his views on the micro-blogging platform he wished to acquire.
Govt issues draft guidelines for listing of RRBs; minimum net worth of Rs 300 cr required
The RRBs should have a track record of profitability and earned operating profit of minimum Rs 15 crore for at least three out of the previous five years, according to the draft guidelines issued by the finance ministry recently.Besides, there should not be any accumulated loss and the lender should have given return on equity […]
Navratri Special from Religare Broking: Godrej Consumer Products is a long-term buy; likely to hit Rs 1,100 mark
Godrej Consumer Products (GCPL) is part of the 124-year-young Godrej Group. The company operates under categories such as household insecticides, personal wash, hair care and air care.They have a strong presence in 3 emerging markets such as Asia, Africa, and Latin America and serves nearly 1.2bn consumers.
China’s $5 trillion rout creates historic gap with Indian stocks
Market veteran Mark Mobius has allocated a higher weight to India than China since the start of this year. Jupiter Asset Management says some of its emerging-market funds have India as their largest holding. M&G Investments (Singapore) Pte has made a “greater allocation” to India in 2022. India’s expanding domestic market means the country can […]
FII flows, dollar index among key factors to dictate market move this week
Domestic macro data will influence the trajectory of Indian equities. Gross revenue from goods and services tax (GST) in September logged 26% growth YoY, surging to Rs 1,47,686 crore. Also, the manufacturing PMI and services PMI for September due to be released on October 3 and October 6, will have a bearing on the markets.
Credit Suisse at ‘critical moment’ as bank prepares for latest overhaul: CEO
In the second carefully-worded memo sent to reassure staff in as many weeks, Koerner told employees not to confuse the “day-to-day” stock price performance with the Swiss firm’s “strong capital base and liquidity position.” The shares are hovering near a record low. Koerner asked staff to remain disciplined and close to clients despite all the […]
Indian stock market: Has the pendulum swung from decoupling to recoupling?
The global slump did not spare the Indian markets. The Fed scare had shaved off about 4% from Nifty in just few trading sessions with serious collateral damage to the currency and Gsec yield. Indian Rupee breached the long-held support level of 80 to move near 82 while the ten year Gsec yield surged by […]
Sumeet Bagadia’s trading strategy for 3 Adani stocks this week
“Adani Enterprises, which is the second Adani Group stock that has been added to the benchmark index, has concentrated on developing world-class infrastructure assets that advance national development. Its diverse portfolio is primarily divided into developing enterprises, transportation and logistics, and energy and utilities. The stock has turned into a multibagger over time. After a […]
Irrespective of rate hike, invest in equities if you have a 5-year horizon: Pranit Arora
“As the dollar index keeps on rising, gold is becoming less and less attractive for other currency holders amid high volatility in equity markets. Therefore, for the upcoming festive season, the same volatility can be expected to continue along with $ 1600 as a danger zone. If prices move below this level, then the next […]