PM Narendra Modi to hold pre-budget meeting with Niti Aayog
Top union ministers are also expected to attend the meeting to get a sense of necessary policy measures in their respective sectors to propel growth. Finance minister Nirmala Sitharaman will present the Union Budget 2023-24 in the Parliament on February 1.
TCS looks well placed to sail through turbulent macroeconomic scenario in key markets
While the management has expressed confidence over the demand momentum, caution is in the air given that over three-fourth of its revenue is generated in the US and Europe, the regions that are likely to be affected due to macroeconomic challenges.
Earnings remain key risk for tech stocks after worst year since 2008
While price-earnings multiples have come down from their peaks during the pandemic, many of the market’s biggest names continue to look expensive. At the same time, the profit outlook is weakening and the economy could be headed toward a recession as the Federal Reserve aggressively raises interest rates to combat inflation.
No K-shaped recovery in India, pandemic a “leveler” to reduce inequality: SBI Economists
Based on data and studies, the SBI economists said, “… in hindsight, the pandemic may have been a leveller in terms of inequality with the poor getting protected through measures such as food transfers.” It said India has delivered a sharp recovery after the pandemic and acknowledged that critics are still quoting it as a […]
How does Nifty behave in January? Check out the leaders & laggards of last 10 years
Within the Nifty 50 index, there are certain sectoral outperformers and laggards within the 10-year period. Nifty IT performed well in January for the most number of years (about six), while Nifty Metal was under pressure three times in the analyzed time frame.
DIIs’ clout in domestic equities continued to increase in Dec amid sustained inflow
DIIs include local mutual funds, insurance companies, pension funds and banks. Their increased participation has reduced the effect of higher market volatility on Indian equities compared with the peers in emerging markets
Golden Cross: These 4 stocks signal further bullishness on Jan 09
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Bandhan Bank stock re-rating candidate, can rally up to 40%: Jefferies
Following the report, the stock surged 1.5% to the day’s high of Rs 245.90 on Monday. The banking stock has been underperforming since the last one year during which it has lost over 10% of its value.
Fresh on the block! Brokerages initiate coverage on these 10 stocks this month
A host of brokerage firms, both domestic and global, have initiated coverage on a number of counters and the majority of them remain positive on them. They see a strong potential of value unlocking in these companies, with a targeted upside of up to 41%.
At multi-year highs: These 8 stocks gave 5-year breakouts
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