Adani credit facilities expose collateral web full of red flags
Adani Green’s stock price has fallen almost 70% this year, while its debt has also slumped. The company said on Feb. 7 it had won the backing of investors after reporting third-quarter net income that more than doubled from a year earlier. Adani Green CEO Vneet S. Jaain said the results proved the company has […]
Ahead of Market: 10 things that will decide stock action on Monday
Technically the structure is still bullish and Nifty stands at the strong polarity support, failing to hold which the index is likely to see a further correction towards 17,650 – 17,500 zones. Only a sustained close above the 18,200- 18,250 zone is likely to trigger bullish momentum toward 18,450 – 18,500 levels,” Rohan Patil, Technical […]
Difficult for Nifty to cross 18000 by this Feb F&O expiry; Axis Bank top value pick: Apurva Sheth
“Axis Bank has improved its asset quality, NIM, and profitability in the past few years. The bank has also changed gears in building digital infrastructure and has made investments in the same. The bank’s ongoing efforts to expand its asset portfolio in a targeted way (retail loans make up 57% of the total book), focus […]
Is India losing its stock market dominance?
The US currency also had appreciated almost 8% versus most currencies and 10% versus India, which in 2023 so far has been stable. The DXY correction of 10% from its peaks of 115 also gives the Global and Indian investor reason to cheer.
FPIs shift focus back on Indian market; invests Rs 7,600 cr in a week
As the markets began to recover from the Adani shock, the flows from FPIs also improved, suggesting their renewed interest in the prospects of the Indian equity markets,” Himanshu Srivastava, Associate Director – Manager Research at Morningstar India, said
Reliance leads as m-cap of 5 out of top 10 most valued firms jump Rs 95,337 cr last week
While Reliance Industries, ICICI Bank, HDFC, ITC and Bharti Airtel were the gainers from the top-10 pack, TCS, HDFC Bank, Infosys, Hindustan Unilever and SBI were the laggards. The market valuation of Reliance Industries rallied Rs 70,023.18 crore to Rs 16,50,677.12 crore. ITC’s market capitalisation (mcap) jumped Rs 14,834.74 crore to Rs 4,75,767.12 crore.
Beginners guide to wealth creation in stock market this year
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‘Fake EBITDA’ masks risk in debt-laden companies
Now, amid rising interest rates, persistent inflation and warnings of a potential recession on the horizon, research from S&P Global Ratings is underscoring just how far from reality the earnings projections are proving to be
Weak fundamentals continue to put downside pressure on crude oil prices
This move was in a view of limiting Russia’s fossil fuel earnings without hindering the global supply chain of the widely used fossil fuel. The seven-member group believes that the price cap would limit Russia’s ability to pay for its war against Ukraine.
Global cues, monthly F&O expiry among 8 factors that will drive markets this week
“While global cues could act as the major trigger for domestic equities in the near-term, the Nifty 50 is likely to remain resilient due to reasonable valuations and India’s macro stability,” said Narendra Solanki, head of equity research at Anand Rathi Shares and Stock Brokers. Here are the factors that will drive markets in the […]