Investment opportunity: Megatrend in auto industry impacts 6 diverse sectors
India’s auto industry is undergoing a transformation, moving away from traditional manufacturing towards a new era of mobility technology. The adoption of C.A.S.E trends (Connectivity, Autonomous Driving, Shared Mobility, and Electrification) is driving consumer preferences, creating new opportunities. The ecosystem will unlock new income streams for companies including chemical firms which will produce battery-related chemicals, […]
Richard Olsen’s rules to make solid returns from your stock market investments
Financial expert Richard Olsen says high-frequency data should be the primary object of research for those who are interested in understanding financial markets.”High-frequency data can be a fundamental object of study, as traders make important trading decisions by observing high-frequency or tick-by-tick data,” he says.
RBL Bank Q4 profit rises 37%; lender targets 20% credit growth in FY24
RBL Bank has posted a 37% YoY increase in Q4 FY23 net profit, reaching INR271cr ($36m), driven by lower provisions. The company had posted a loss of INR75cr in the year-ago period. The CEO attributed the limited growth to the recognition of a partial loan restructure the previous year. The bank also reported a gross […]
Why G20 Summit may be a historic event for crypto in India
The G20 Summit 2023 in India is expected to provide an unprecedented opportunity for global leaders to discuss the regulation and development of the cryptocurrency sector. The event, which will be hosted by India, could play a pivotal role in shaping crypto regulations in the country and promoting a harmonised regulatory framework across member countries.
All-in bets on FAANG stock boom pay out in week of big earnings
Large-cap tech companies largely surpassed earnings estimates, causing relief to investors who had been nervous about the weakening growth prospects of the companies and the consequential risks to the market. Hedge funds were net selling tech mega-caps for a month due to their angst over earnings and lofty valuations, unwinding roughly half of their buying […]
60 smallcaps offer double-digit weekly returns in a resurgent market. What’s in store ahead?
As many as 60 smallcap stocks gave double-digit weekly returns in a buoyant equity market, with Rail Vikas Nigam leading the smallcap category with 38% returns. Benchmark indices ended the week high, with both Sensex and Nifty gaining over 2% in the past five days, supported by strong Q4 results from banking giants. In the […]
Wall St Week Ahead: Recession worries simmer beneath US stock market rally
US transportation and semiconductor stocks, along with small-cap stocks, have experienced a drop during April, indicating concerns over economic growth. Experts point to fears of a recession and the Federal Reserve’s aggressive monetary tightening as reasons for investors’ caution. Economically-sensitive sectors such as utilities and healthcare have rallied in recent weeks, while concerns over a […]