Emerging stocks are flashing a 2008 financial crisis signal
The price-earnings ratio of the benchmark MSCI Emerging Markets Index, based on trailing 12-month profits, has fallen below its price-earnings ratio based on estimated earnings for the next 12 months, showing that analysts expect earnings to fall faster in the future than currently.
L&T Q2 Preview: Better execution to lift revenue; view on order inflows crucial
“We expect 12% YoY improvement in core EPC revenues, as we bake in the net impact of monsoon and improved construction activity in the quarter,” Kotak Institutional Equities said in its report.
10 smallcap stocks that rallied up to 58% in October
Here are smallcaps that have delivered up to 58% return in the one-month period
Stocks to buy or sell today: 10 short-term trading ideas by experts
The S&P BSE Sensex closed with gains of over 200 points on Friday while the Nifty50 closed just a shade below 17800 levels.
Big Movers on D-St: What should investors do with Cummins India, Birla Cable and Aegis Logistics?
Birla Cable has witnessed a breakout of triangle formation on the daily chart. After a breakout of the Inverse head & shoulder, it has retested its previous breakout level at around Rs 140.
Oil slips as China COVID curbs outweigh concerns over U.S. output
In an outlook to be released on Monday, the Organization of the Petroleum Exporting Countries is expected to stick to a view of oil demand rising for another decade, despite increasing use of renewable energy and electric cars, two OPEC sources said.
Stocks in the news: Vedanta, Maruti, Lupin, NTPC, Hero MotoCorp and Dr Reddy’s Labs
3i Infotech, Asahi India Glass, Bharti Airtel, Castrol India, LT Foods, Larsen and Toubro, Saregama Industries, Swaraj Engines, Tata Steel, VST Tillers, Mold-Tek, TCI Express, Equitas Small Finance Bank, Motherson Sumi are among the companies that will announce their results for September 2022 quarter today.
What changed for market while you were sleeping
Asian stocks rose while US equity futures edged lower at the start of a pivotal week for investors that will see interest rate decisions from central banks including the Federal Reserve.
Dollar strengthens as Fed expected to stay hawkish; yen fragile
Against the Japanese yen, the greenback was 0.44% higher at 148.08, particularly helped by the Bank of Japan’s (BOJ) decision to keep ultra-low interest rates on Friday, and BOJ Governor Haruhiko Kuroda’s still-dovish comments in the face of rising interest rates elsewhere.
Nifty at 18,100 can head to all-time high
We expect the high beta sectors like metals, realty, power, and high-quality mid-caps and small-caps to outperform current levels. The small-cap index is on the verge of the 200-day average breakout and could see sharp outperformance as it is still trading 20% away from its 52-week high.