‘Revenge rebound in spending’ generalising price pressures: RBI paper
“The initial inflationary pressure was delivered by successive supply shocks but as their impact waned, a revenge rebound in spending and especially a swing from goods to contact-intensive services is generalising price pressures and making them persistent,” RBI paper titled ‘Anatomy of Inflation’s Ascent in India’ released on Tuesday said.
Rising investments, waning input cost pressure herald upturn in capex cycle: RBI article
The balance of risks is increasingly tilted towards a darkening global outlook and emerging market economies (EMEs) appear to be more vulnerable, even though incoming data suggest that global inflation may have peaked, said the article titled ‘State of the Economy’ published in the RBI Bulletin – December 2022 article.
Tech View: Nifty charts hint at non-directional activity. What traders should do on Wednesday
Volume profile indicates Nifty may find support around the 18150-18200 zone, which was tested today. The highest OI was observed at 18500, followed by a 18600 strike price, while on the Put side, the highest OI was at an 18300 strike price.
Kotak Securities’ base case view on Nifty50 implies moderate upside in 2023
This is partly also because of the stretched valuations. Currently, India is the most expensive market within the emerging market pack. It is trading at close to 20 times its one-year forward earnings.
Banking sector to do reasonably well in 2023: Janakiraman R
So I think in the near term we have to be a bit more cautious about the market returns. In contrast, the medium term outlook is distinctly positive, things like the capex cycle recovery, the real estate recovery, the China plus one development as far as industrial outsourcing is concerned, all these factors make the […]
Nifty’s two-decade-old habit shows double-digit return possible in 2023. Which stocks to buy?
In the past, it has been observed that the Nifty rallies 20%, on average, after breaching its all-time high. Barring Nov 2010, all breaches have generated positive returns over the next 12 months,” said Amar Ambani, Head of Institutional Equities at YES Securities.
Golden Crossovers: These 5 stocks signal further bullishness
For more such web stories click on the ET icon below
Elin Electronics IPO kicks off: Here’s what brokerages say about the issue
The net proceeds from the fresh issue worth Rs 88 crore will be used to repay debt while Rs 37.59 crore of money raised will be used for capital expenditure to upgrade and expand existing facilities at Ghaziabad in Uttar Pradesh and Verna in Goa.
At multi-year highs: These 8 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 1,000 crore, eight stocks crossed their previous 5-year high value at the close on December 19, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Consistently closing your eyes and putting money in a box not a wise idea in present volatile markets: Ajay Srivastava
Long term investments do not give any returns. If you look at the returns of even the best of stocks like Eicher, Reliance it will not give you long term returns. This is the age of smart churning your portfolio because if we are not churning the portfolio, we are not going to make a […]