Indian IT remains a great space to invest in: Saurabh Mukherjea
So in the case of lenders, my reckoning is AI will help them do more with less expenditure on head count, allow them to provide better services, better credit underwriting at lower expenditure and I think therefore, for lenders in our country, it is a positive.
Here’s why Pankaj Murarka is bullish on consumer tech stocks
They have already made a pivot from loss making to cash generating profitable businesses but I still think that the long-term profit margins profitability of these companies will be significantly higher than what it is today
ETMarkets Smart Talk: We see Nifty50 crossing 20,000 peak in H2FY24: Anmol Das
With the earnings catching up fast, benchmark indices are back to the long-term median valuation levels (Current Nifty PE at 21.5x). Hence, we are expecting by the H2FY24, we may be on for Nifty 20K levels and beyond.
Big Movers on D-Street: What should investors do with Delhivery, IndiGo and EaseMyTrip?
The BSE Sensex and the broader Nifty started the week on a positive note due to optimism in global markets. Realty and IT sectors rose 1.48% and 1.47%, respectively, while power stocks underperformed. Delhivery’s stock should be avoided, Indigo’s should be bought since it staged a bullish breakout, and EaseMyTrip’s stock should also be avoided […]
ETMarkets Fund Manager Talk: Despite global crisis, this fund manager sees bottom fishing opportunities in IT, pharma sectors
India, which has enabled us to remain resilient despite global challenges. Given our strong GDP and PMI growth numbers, there is every likelihood that whilst this momentum is on, we might touch a new milestone.
At multi-year highs: These 6 stocks gave 5-year breakouts
In the Nifty200 pack, six stocks crossed their previous 5-year high value at the close on June 12, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Positive Breakout: Dabur India & 7 other stocks crossed above their 200 DMAs
In the Nifty500 pack, eight stocks’ prices crossed above their 200 DMA (Daily Moving Averages) on June 12, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA […]
SBI likely to begin issuance of Rs 10,000-cr rupee bonds soon
The bond sale could be for up to ₹10,000 crore, with a base size of ₹3000 crore and a green shoe option of ₹7,000 crore, the sources said. The bonds may have a call option after 10 years and the issue date could be June 29.
Myanmar hopes for rupee-Kyat trade deal by June-end
Myanmar Commerce Minister U Aung Naing Oo on Monday expressed hope that a Rupee-Kyat trade arrangement between the two nations is finalised by June-end. Oo said trade volume between the two countries will double once the arrangement being worked out as Myanmar which has been hit by US sanctions is unable to earn sufficient foreign […]
Abrdn’s exit from HDFC Life nets 14x gains since JV formation in 2000
Abrdn, which had been a partner in the joint venture with HDFC Life, made investments of ₹2,400 crore since 2000. Last month, Abrdn made a complete exit, marking the completion of its successful investment journey with HDFC Life.