Global economic factors, recessionary fears in advanced economies led to FPI sell-off: Economic Survey
Foreign portfolio investors (FPIs) pulled out a net amount of Rs 16,153 crore from the Indian capital markets during April-December FY23 as compared to an outflow of Rs 5,578 crore in the year-ago period, with both equity and debt segments witnessing net outflows. Segment-wise, FPIs made a net withdrawal of Rs 11,421 crore from equity […]
Government should focus on fiscal consolidation in Budget 2023: Abheek Barua
Tax collections are partly dependent on the nominal GDP number, it comes into the denominator. So that is a matter of concern and that is something I would focus on in looking at the Budget numbers tomorrow.
Adani Group denies buyback plans of Ambuja, Adani Ports
Adani Group has ambitious plans to double the combined capacity of ACC and Ambuja Cements to 140 MTPA in the next five years. Ambuja Cements has a cash equivalent of Rs 3,479 crore as of September 2022.
BPCL shares surge 5% after Q3 results. What should investors do?
“Sharp correction in international diesel prices to ~$115 from the recent peak of USD 170/bbl has improved the marketing segment profitability outlook. Also, ban on the import of Russian oil products from Feb-23 will likely support refining product spreads. Global recessionary pressure along with high-interest rates will keep oil prices range-bound, despite increased demand from […]
We have reached a stage where NPA recovery is more than addition: Atul Kumar Goel, PNB
If you see the gross NPA numbers in December 2021, it was 12.88% which has reduced to 9.76. Similarly if you see the net NPA number which was 4.90 in December 2021, it has reduced to 3.3 and PCR has also increased from the 81 to 85%.
Tech Mahindra cracks 4% after Q3 results. Should you buy, sell or hold?
In constant currency terms, sales grew 0.2% sequentially and were largely on expected lines. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose 8% sequentially and 4% YoY to Rs 2,144 crore, the company said.
Central banks bought the most gold since 1967 last year, WGC says
Buying dipped during the coronavirus pandemic but accelerated in the second half of 2022, with central banks purchasing 862 tonnes between July and December, according to the WGC.
Stocks to buy today: 8 short-term trading ideas by experts
On the options front, the weekly maximum Call OI is placed at 18000 and then towards 18200 strikes while the weekly maximum Put OI is placed at 17000 and then towards 17500 strikes.
At multi-year highs: These 4 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 100 crore, four stocks crossed their previous five-year high value at the close on January 30. >> For more such web stories click on the ET icon below
ETMarkets Fund Manager Talk: Despite corrections, market not cheap enough for broad-based buying: Vinit Sambre, DSP MF
However, certain sectors such as banks, cement, chemicals, and pharmaceuticals may be becoming more reasonably priced, and these are being evaluated for potential buying opportunities.