Stocks to buy today: 5 short-term trading ideas by experts for 18 January 2023
On the options front, the weekly maximum Call OI is placed at 18,000 and then towards 18,100 strikes while the maximum Put OI is placed at 17,900 and then towards 17,800 strikes.
Investors most underweight on US stocks since 2005, BofA poll shows
Participants in the January poll were “a lot less bearish” than in the fourth quarter, sparking a rotation to emerging markets, Europe and cyclical stocks, and away from pharmaceuticals, technology and the US, strategists led by Michael Hartnett wrote in a note. Allocation to US equities “collapsed” during the first month of 2023, with investors […]
Big Movers on D-St: What should investors do with HCL Technologies, IndusInd Bank and UltraTech Cement?
At the lower level stock made a double bottom and gave some pullback to make a high around 1151 levels. In the last 4-6 week’s price moved in the consolidation phase taking support of multiple bottoms and facing the resistance of multiple tops in the last two weeks with high volume price has breached the […]
ETMarkets Smart Talk: We expect some rationalization in capital gains tax structure in Budget 2023: Reshma Banda
The Indian economy is relatively better placed than its peers and other advanced economies. In the near-term, returns would be moderate in India due to premium valuations both on a historical basis and also as compared to other emerging economies.
IIFL Securities’ Prasad Sawant on how to invest in REITs as an asset class
“REITs have been there for a long time in other global markets like the US but in India, the Sebi started drafting papers for these kinds of investment trusts in 2007 and we got our first REIT listed on the exchange in 2019; it was the Embassy Office Parks REITs. There are 3 listed REITs […]
Asian shares tentative, Japan yields close to policy cap ahead of BOJ meeting
The BOJ’s official two-day meeting will end on Wednesday and speculation is rife it will make further changes to its yield curve control (YCC) policy, given that the market pushed 10-year government bond yields above the policy cap of 0.5% in the past three sessions.
India’s capex spending is likely to slow on lower tax haul
When Finance Minister Nirmala Sitharaman presents this year’s budget on Feb. 1, she faces the daunting task of balancing a commitment to narrowing the fiscal deficit with keeping the engines of growth well-oiled. India’s ambition to become the world’s factory hinges on enhancing infrastructure and smoothing out logistics — areas that still need plenty of […]
Small banks may need to boost provisioning: Analysts
Even as most banks have strengthened capital buffers post Covid-19, expected credit loss (ECL)-based norms could release existing provisioning for large banks such as ICICI Bank and HDFC Bank, they said, while some small private players like City Union Bank and DCB Bank may have to accelerate provision buffers and raise capital faster.
Old pension schemes could strain state finances, RBI warns
“The annual saving in fiscal resources that this move entails is short-lived. By postponing the current expenses to the future, states risk the accumulation of unfunded pension liabilities in the coming years,” it said in its report on state finances.
Airtel won’t oppose Vodafone’s bid to sell Indus stake to external buyer
UK’s Vodafone Group and India’s Aditya Birla Group are facing increasing pressure from the government and lenders to infuse equity into Vodafone Idea-their cash-strapped telecom joint venture-to shore up external investor confidence. One of the avenues available to the British telco is selling its remaining or part of the 21.05% stake in Indus and injecting […]