Domestic gold prices rise to record highs on Fed pivot, US banking sector woes

The government-led deal fueled optimism that the worst of the banking sector turmoil might be over, prompting a recovery in risky assets. The dollar index topped 102 levels after the ISM Manufacturing PMI in the US rose to 47.1 in April 2023, along with signs of elevated price pressures, as input costs rebounded in April.

Midcaps with long term perspective; 4 stocks with high ROE & net profit margin

A high return on equity is a result of two factors. First, the basic nature of the business, there are some businesses which require a constant dose of capital like banks, there are some which may require a higher amount of capital but that would be a one time requirement. Second, how efficiently the management […]

How long will the Cinderella times last for banks?

The Stock prices reflect expectations for future financial performance. Thus, as an investor, it becomes very important to anticipate revisions in those expectations. Banking Index has performed well, but it is now the past and thus what lies ahead is the big question.