ETMarkets Smart Talk: Earnings downgrade cycle likely to bottom out over next 2-3 quarters: Rakesh Parekh
A cyclical consumption slowdown due to high inflation and the high base effect of post-COVID pent-up demand is currently underway as highlighted by the recent GDP data.
ETMarkets Fund Manager Talk: Biggest bull run for equities likely this decade if Nifty 500 tops 16100 pts: Turtle Wealth
Our saga always have been ‘Deciding Exit First’, on that scale we have always been with the market trend and the sector, we believe in bottom up approach, and we have been finding investments by our PPP approach i.e. Price Profits and People. We don’t hold any big underperforming shares, we have changed our strategy […]
Oil prices edge lower as SVB collapse spooks financial markets
The sudden shutdown of SVB Financial triggered concerns about risks to other banks resulting from the U.S. Federal Reserve’s sharp interest rate hikes over the last year. It also spurred speculation about whether the central bank could slow the pace of its monetary tightening.
Asian shares extend losses as US banking worries persist
“There is escalating tensity in the global financial world; this is despite non-U.S. banks’ exposure to US regional banks being minimal, with the global systems being well capitalized and flush with liquidity,” said Stephen Innes, managing partner at SPI Asset Management.
Better financial health of RRBs prompts sponsor banks to explore listing them
Regional Rural Banks (RRBs), once considered laggards in the banking ecosystem, are slowly coming into their own. For the first time, banks are now considering listing these lenders on the local stock market after the government issued relevant draft guidelines last October.
India’s retail inflation slows to 6.4% in February
Higher inflation has been a concern for central banks across the world, including India, as the uncertain nature of the Russia-Ukraine war compounded supply-side disruptions in the post-pandemic world that was barely going through a nascent recovery from economic shocks.
FPIs to be allowed in non-agri commodity derivatives: NSE
The exchange said FPIs desirous of participating in exchange-traded commodity derivatives (ETCDs) would be subject to risk management measures applicable from time to time.
Indian equities can deliver 13-15% returns over the next three years: Sailesh Raj Bhan
It is difficult to predict at this stage if this will lead to bigger damage, but this will lead to higher risk aversion in the system and anyone dealing with these banks will now come more into the limelight. The challenge to the stock markets at this stage will not be significant except if there […]
VIX soars as traders rush for cover
Normally, VIX futures contracts are more expensive the further down the horizon. Now, traders are betting on more turbulence in the short term than they are three months ahead, making it more expensive to trade near-dated contracts.
Tech Mahindra soars on appointment of new CEO
JPMorgan, which has a target of ₹1,100 per share, lauded Joshi’s appointment. “Great CEO choice, but a turnaround is not easy and will take time. Tech Mahindra faces structural challenges in matching leading peers in organic growth and margin,” said analysts at JPMorgan.