Is gold ironically losing its shine when inflation is rearing its ugly head?
In the competition between dollar and gold in the risk-off flows, the dollar has won hands-down because of the stronger momentum in its favor. Logic doesn’t work when momentum is in play. That explains the unexplainable fall in gold in these turbulent times. Interesting times to watch out for.
ETMarkets Smart Talk: Mid & smallcaps to do better while Nifty50 could hit 20K by Diwali 2023: Dr Mohit Batra
“We anticipate that small and mid-cap performance will drive the Indian equity market. We have observed a continuous increase in the number of retail investors over the years, and retail investors often park their cash in mid and small-cap stocks. As a result, we expect mid- and small-cap stocks to do better in the new […]
Small giants! Study these 6 private defence stocks
Amid government’s thrust on indigenisation, a strong order book and possibilities of export, defence stocks have been rallying in the past few weeks. Domestic brokerage firm Elara Securities prefers small giants in the private defence space. Here are six such ideas that investors can study:
MF Analysis: Top 5 ELSS funds of 2022 betting most on these 4 sectors
To pick the best ELSS funds, different investors use different types of strategies. But it is always interesting to know where the top performer schemes are investing their funds. ET Markets analyzes the top 5 ELSS schemes of 2022 and the data suggest that most of these funds are betting on financial, technology, automobile, and […]
Rs 6,000 crore gone! FIIs flee with sackful of cash from 2 sectors
Having pulled out Rs 1,673 crore from financials in September, FIIs were net sellers to the tune of Rs 4,686 crore last month in the sector. Often considered as a proxy to the India growth story, banks are the largest bet of FIIs on Dalal Street, followed by IT.
Stock Radar: This travel company is on verge of fresh breakout from Inverse Head & Shoulder pattern; time to buy?
Short-term traders who missed the rally can look at buying the stock now or on dips for a possible target above Rs 800 in the next 7-8 weeks, suggested experts
Market’s a bit expensive but there are pockets to choose from in these 3 sectors: Mihir Vora
“Public sector banks are trading cheap and traditionally they have traded cheaper than the private sector banks and with good historical reasons. While we do own a couple of larger PSU banks, it does not change the overall long term thesis that the private sector is likely to do better.”
Kaynes Tech ₹858-cr IPO opens on Nov 10
Kaynes Technology offers design-led electronics manufacturing to original equipment manufacturers. Among the listed space, Kaynes Technology competes with Dixon Technologies India, Syrma SGS Technology, and Amber Enterprises India.
An encore of Q2 show can take Britannia’s stock to greater heights
Analysts have reason to be positive on Britannia. If the company can continue the growth momentum of the September quarter, it is likely to perform strongly over the next few quarters. However, it may become difficult if the overall consumer demand slows down further.
Forex reserves log fastest growth in 14 months
To be sure, market participants believe the Reserve Bank of India (RBI) is unlikely to let the rupee appreciate much amid rising foreign fund inflows. India’s prospects as a destination for global money are brightening as investors such as Tiger Global are reportedly pulling out of China.