Anshul Saigal on sectors ready for a breakout in volatile market
Anshul Saigal discusses the potential shift in market dynamics, highlighting the underperformance of the real economy compared to tech. He emphasizes the upcoming opportunities in sectors like banking, textiles, value retail, capital goods, and CDMO, driven by macroeconomic changes and the evolving tariff situation.
Bull market has resumed after bottoming out; PSUs will still lead the market but pockets have changed: Ramesh Damani
Ramesh Damani, a BSE member, emphasizes that the bull market has resumed with public sector stocks, particularly in defence and construction, leading the way. He suggests focusing on domestic growth sectors like digital infrastructure and pharma. Damani highlights India’s resilience and advises against panic, stressing the importance of investing in appreciating assets for long-term gains.
ETMarkets Smart Talk: From loss to gain: Amit Jain’s strategy for investors sitting on portfolio losses
The Indian markets showed resilience in March, rebounding from the February downturn, driven by strong domestic liquidity, positive global cues, and expectations of stable economic growth.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the NSE large cap pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 3, according to stockedge.com’s technical scan data.
Mazagon Dock shares in focus as Govt plans up to 4.8% stake sale via OFS
Mazagon Dock Shipbuilders will see a government stake sale of up to 4.83% through an Offer for Sale from April 4-7. The floor price is set at Rs 2,525 per share. Institutional investors can bid from April 4, while retail investors and employees can bid on April 7. The proceeds will help the government comply […]
HDFC Bank shares in focus after Q4 update: Gross advances up 5.4% YoY, deposits rise 14%
HDFC Bank reported a 5.4% year-on-year growth in gross advances and a 14.1% rise in deposits for Q4FY25. Retail loans increased by 9%, while average deposits saw a 15.8% jump. The corporate & other wholesale loans declined by around 3.6% over March 2024.
S&P 500 loses $2.4 trillion in market value, biggest one-day loss since 2020
The S&P 500 ended down almost 5% after U.S. President Donald Trump’s sweeping tariffs ignited fears of an all-out trade war and a global economic recession.
Asian shares fall after worst Wall Street day since 2020
Shares in Australia and Japan fell at the open. US equity-index futures were steady as trading kicked off in Asia after the S&P 500 declined 4.9% on Thursday and the Nasdaq 100 slumped 5.5%, the biggest drop since 2020 for each.
RBI puts Bajaj Fin on notice over co-branded cards
The Reserve Bank of India has issued a letter of ‘displeasure’ to Bajaj Finance for failing to identify customer risks in its co-branded credit card business, prompting the NBFC to respond. A crucial role in co-branding agreements was highlighted by RBI, and customer complaints had surged, leading Bajaj Finance to halt new co-branded credit card […]
IT stocks tumble as outlook turns hazy
The Nifty IT index tumbled 4.2% – the biggest loser among sector indices. Shares of Persistent Systems plunged 10%, while Coforge dropped nearly 8%. TCS, Infosys, Wipro, Mphasis, LTIMindtree, and HCL Technologies declined between 3% and 4%.