ETMarkets Smart Talk: FY24 should see a strong small-cap rally due to the valuation gap: Sushant Bhansali
Moreover, rural growth has stabilised and started showing early signs of improvement, and that should increase the confidence that Nifty will be able to deliver mid-teens earning growth in FY24.
US risks make emerging markets attractive
Some 61% of the 234 money managers, analysts and traders surveyed said they expect to increase exposure to developing assets in the next 12 months, even as concern mounts about a potential downturn and the Federal Reserve’s path ahead. The asset class, they say, stands to offer shelter if the central bank’s fight against inflation […]
Bond market’s twin fears: US debt default, hike in rate
Another wild card: the fitful negotiations in Washington over raising the debt limit to avoid a potentially catastrophic default as soon as next month that would almost certainly alter the Fed’s path.
US exposure is next headache for Europe companies as dollar slides
The euro, Swiss franc and sterling are predicted to rise further versus the US currency, potentially spelling trouble for the Stoxx 600 equity index which, according to data compiled by Bloomberg, relies on North America for nearly a third of its sales.
Bankers prepare for a rush of Rs 2000 notes
Bankers are anxious about the operational challenges of exchanging the ₹2,000 currency notes and are keen not to repeat the mistakes of the first few days of demonetisation in 2016. Although this time the percentage of notes being exchanged is much smaller, banks will have to deploy staff and are likely to provide a separate […]
Borrowing rates for govt, companies to decline following withdrawal of Rs 2000 notes. Here’s why
The removal of India’s ₹2,000 banknotes from circulation is expected to increase liquidity in the nation’s banking system and result in a decline in borrowing rates for government and corporate entities. The Reserve Bank of India said there is around INR3.62tn ($49bn) worth of the banknotes in circulation as of the end of next March.
Nifty faces strong resistance at 18,446: Analysts
Nifty has a strong base around 18,050, which also coincides with the support zone of the short-term moving average. Its sustainability would fuel gradual recovery and help the index to retest 18,500- 18,700. In case of a breakdown, 17,850 would offer cushion.
Fin institutions meeting company managements raises interest in these midcap stocks
Investor meets are considered a soft indicator of their interest in the stocks, and in many cases in the past, institutional holding rose in those stocks post the meetings.
We are in for a bit of a long pause on rate hike front: Axis Bank MD
Axis Bank features on the buy lists of most investors seeking a slice of Indian top-draw private banking. Since Amitabh Chaudhry stepped into the corner office in 2019, the stock is up nearly 50%, although it still trails peers. In an interview with Saloni Shukla and MC Govardhana Rangan, Chaudhry says that growth triggers are […]