ETMarkets Smart Talk: Why capex-heavy stocks should be part of your portfolio in FY24, explains Ashish Chaturmohta
Further, coming to the domestic front, RBI’s recent rate pause for the time being and trimming down inflation expectations for the next year, highlights the resilience in the domestic economy.
War against inflation still not over: Siddharth Sanyal
Now what is very important here is all of a sudden we are seeing a patch where the real policy rate seems to be something like 100 bps higher compared to where it was still a few days back. So overall pretty good news
Commodity Talk: El Nino impact on crop production not to be material, says Sunil Damania of MarketsMojo
The impact of El Nino is proportional to its severity. This time, we anticipate a weak El Nino as opposed to a strong El Nino, a similar scenario in 2014 and 2018. In both years, India’s staple grain production was unaffected. We do not believe we should be unduly concerned about crop production at this […]
Stocks to buy today: 4 short-term trading ideas by experts for 13 April 2023
“Nifty has formed a bullish candle in the previous session on the daily frame with longer lower shadow indicating strong support-based buying and it has been making higher highs – higher lows from the last eight sessions,” he said.
Goldman Sachs no longer expects Fed rate hike in June
Goldman Sachs had previously expected consecutive rate hikes at the Fed’s May and June meetings. Economists led by Jan Hatzius said in the research note they still expect a rate hike in May.
Big Movers on D-St: What should investors do with TCS, Infosys and Dr Reddy’s Laboratories?
Here’s what Naveen Mishra, Senior Research Analyst – Equity Research at CapitalVia Global Research Ltd recommends investors should do with these stocks when the market resumes trading today:
Oil eases as investors remain cautious on recession fears
The U.S. Consumer Price Index (CPI) climbed 0.1% last month, below economists’ expectations for a 0.2% gain, and down from a 0.4% increase in February, raising expectations that the Fed is likely to stop hiking rates after a possible increase in May.
Most consumption, outsourcing and investment stocks face earnings risk: Kotak Securities
According to Bloomberg consensus estimates, about 63% of the NSE 500 companies have seen earnings downgrades in the last four weeks. The number of earnings downgrades during the past four weeks was 165. That compares with 98 upgrades.
Retail loans dominate securitisation volumes in Q4
The March quarter recorded the highest securitisation volumes since the beginning of the pandemic, with securitisation of retail loans accounting for 90% of the total share. In FY23, mortgage-backed loans formed the largest chunk of the overall volumes at 33%, followed by vehicle loans at 28%. Microfinance loans accounted for 20% of the total share.
TCS posts 15% rise in Q4 profit, flags pain in North American market
Outgoing CEO & MD Rajesh Gopinathan told reporters on Wednesday that the fourth quarter numbers were “definitely weaker-than anticipated.”