Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps, with expected earnings growth in FY26. Positive sectors include large private sector banks, technology, and selected consumer segments.
Nifty faces resistance at key levels, downtrend likely to continue: Rohit Srivastava
Similar levels would be closer to around 49,100 to 49,200, I think in that range we should see resistance going forward and probably another leg downwards could start from there and we could be headed towards 46,600 in the days to come.
ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate, injecting liquidity, and considering a rate cut could support growth. He downplays concerns about macroeconomic impacts, citing low inflation and the potential for improved export competitiveness.
Shoppers Stop shares surge 11% after Q3 profit climbs 41% YoY to Rs 52 crore on festive season demand
Shoppers Stop share price: The company experienced an 11% increase in revenue from operations, reaching Rs 13.79 billion. Premium products accounted for 64% of the total revenue for the quarter, reflecting a 9% growth compared to the previous year.
HDFC AMC shares jump 3% after cons PAT jumps 31% YoY to Rs 641 crore, revenue up 39%
HDFC Asset Management Company reported a 31% jump in Q3FY25 profit, reaching Rs 641 crore. Its revenue grew 39%, driven by strong QAAUM growth. Despite a recent 15% stock decline, analysts project a 26% upside.
Anand Rathi Wealth has maintained 30% plus growth in both revenues & profits Y-o-Y: Rakesh Rawal
Rakesh Rawal, CEO of Anand Rathi Wealth, is confident in achieving their revised guidance of Rs 900 crore in revenue and Rs 290 crore in profit. Despite market volatility, they foresee 20-25% long-term growth potential, driven by robust client acquisition, increased relationship managers, and technology enhancements. They focus on technology for customer value and are […]
Anshul Saigal warns of short-term volatility, but sees strong rebound for quality stocks
Anshul Saigal, Founder of Saigal Capital, discusses the potential rebound of quality stocks amid market volatility, highlighting opportunities in the textiles sector and value retail. He explains recent trends, favourable conditions for exporters, and growth opportunities in Adani Group’s diverse businesses.
ETMarkets Smart Talk: FPI inflows to revive in H2 2025 as India remains an attractive investment destination – Nishit Master
We believe 2025 will witness normalized returns from the markets as compared to superlative returns we have witnessed in the last few years.
Network18 shares in focus after co’s Q3 losses widen to Rs 1,435 crore
The company’s revenue from operations in Q3FY25 dropped 23% year-on-year (YoY), falling to Rs 1,361 crore from Rs 1,774 crore in the corresponding quarter of the previous financial year.
Oil little changed as falling US stockpiles outweigh soft demand outlook
Brent crude futures were up 2 cents to $79.94 a barrel by 0205 GMT, after dropping 1.4% in the previous session. U.S. West Texas Intermediate crude rose 12 cents, or 0.15%, to $77.62 a barrel after a 1.6% drop.