Stocks to buy today: 6 short-term trading ideas by experts
“Nifty’s 17800-18200 range has been holding for some time now. To break the upper end of the range, the market needs positive triggers. Early Q3 results broadly have been positive with IT companies and banks delivering good results,” Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
ETMarkets Smart Talk: Top 4 sectors likely to stay in focus in Budget 2023: Mrinal Singh
2022 was year full of uncertainty and geopolitical tensions. For India, the crude and other commodity prices going up pressured the deficit numbers. 2022 saw the steepest rise in global interest rates following the rise in inflation.
Big Movers on D-St: What should investors do with RIL, ICICI Bank, Kotak Mahindra Bank post Q3 results?
Sectorally, buying was seen in power, utilities, banks, and the public sector while selling was seen in telecom, consumer durables, FMCG, and metals.
Gold ticks up on softer dollar, slower rate-hike hopes
The Fed is set to again slow the pace of its interest rate increases at a Jan. 31-Feb. 1 policy meeting while also signalling that its battle against inflation is far from over.
Nifty looks set for a pre-Budget rally: Analysts
If the Nifty crosses and sustains above 18,200 level, it would take the index towards 18,500 levels, analysts said. HDFC Bank, TCS, L&T, UltraTech Cement, Sterlite Technologies, Persistent, ONGC, Coal India, and Vedanta are some of the stocks that look bullish on charts, according to analysts.
If you are a high capex, high growth business, your P/E ratio will be high: Adani Group’s CFO
In a free-flowing interaction, Jugeshinder (‘Robbie’) Singh touched upon the group’s leverage issue, high valuations, the strategy to woo retail shareholders, and the secret behind keeping the hydrogen business cost-effective
With returns turning real, investing in fixed-income products now attractive
So, adjusted for inflation, the real return based on December consumer inflation, is at least 55 basis points, or 0.55%. This is because of a softening of inflation numbers and interest rates remaining higher. Fixed income has not delivered real returns in over a decade.
Bidders set up close fight for SKS Power; financial creditors could make a full recovery
“All bidders that had submitted bids early this month are very close, which means a recovery of over 75% is almost guaranteed. To break the deadlock, banks will push the bidders to offer more particularly with more cash upfront, which is likely to take recovery closer to 100%,” said a person familiar with the process.
Jio’s topline hurt by muted user revenue growth in December Quarter
Jio added 5.3 million customers in October-December, including wired broadband or fibre-to-the-home (FTTH) users. The telecom market leader does not give a breakdown of mobile and wired broadband user additions.
Insurers want NPS tax exemption for their pension schemes, too
“There is a case to make pension plans from insurance companies on a par with NPS which has a separate limit. Globally, we have seen that separate tax saving limits for insurance goes a long way in increasing penetration and India is no exception,” said Tarun Chugh, CEO Bajaj Allianz Life Insurance.