IT stocks to recover if there’s no slowdown in the US: Krishnan VR
I think on fundamentals alone the broader financial services sector presents attractive opportunities in insurance, wealth management etc. where we are seeing the structural trend in financialization playing out. Our investing style remains sector agnostic though.
Q4 results today: LTIMindtree, Bajaj Housing among 28 companies to announce earnings on Wednesday
The Q4 earnings season is gaining traction, with LTIMindtree, Bajaj Housing Finance, and Tata Tele Services among 28 companies set to announce results. Bajaj Housing is expected to report strong profit growth, potentially up 61% to ₹613 crore. However, LTIMindtree anticipates flat revenues due to weakness in travel and hi-tech sectors, impacting margins despite cost-cutting […]
Waaree Energies shares in focus after Q4 profit rises 34% to Rs 619 crore, revenue up 36%
Waaree Energies reported a robust Q4, with net profit surging 34.1% YoY to Rs 618.9 crore, driven by a 36.4% rise in revenue to Rs 4,003.9 crore. EBITDA more than doubled, and module production increased significantly. The company’s board approved capacity expansions in Texas and Pune to support future growth, while analysts suggest a ‘Hold’ […]
Stocks to buy: HCL Tech, Nestle and Bajaj Housing on investors’ radar
Indian benchmark indices experienced a sixth consecutive day of gains, fueled by banking and FMCG sectors and foreign investment inflows. Viral Chheda of SSJ Finance and Securities suggests a buy-on-dips strategy for HCL Tech, Nestle, and Bajaj Housing, anticipating significant upside potential over the next 10-12 months, while advising on stop-loss levels to manage risk.
Experts suggest investors to accumulate precious metal, but follow asset allocation
Even so, experts suggest that investors should maintain prudent allocation to the precious metal. Poonam Rungta, certified financial planner, says: “Just because gold price is high, doesn’t mean it should not be there in your portfolio. We always recommend having gold allocation to the extent of 10-15% of your corpus, irrespective of its price.”
ET In The Classroom: Gold ETFs offer huge rewards
Gold ETFs, or exchange-traded funds, are vehicles that allow investors to take exposure to gold prices without the need to buy or store physical gold. They are traded on stock exchanges like regular stocks and their value reflects the performance of gold and investors can buy them during trading hours.
IT bore brunt of FPI pullout in April amid tariff turmoil
Overseas investors offloaded shares in the financial services and capital goods sectors worth ₹4,501 crore and ₹3,019 crore, respectively. While capital goods had seen outflows last month, financial services had received foreign inflows worth over ₹14,000 crore.
Bullion Breakout? Analysts weigh in on gold investment strategy ahead
While the Great Equity Run may have helped investors discover a quicker way to creating wealth than savings, the bond endures. We bring an investor’s perspective on what you could do ahead.
Gold tops Rs 1,00,000 with a little help From Trump
Retail prices touched ₹1,03,000 for 10 gm of gold with a 3% goods and services tax (GST), an occurrence which does not augur well for sales on Akshaya Tritiya, an annual Hindu and Jain spring festival when it is considered auspicious to buy gold. Akshaya Tritiya falls on April 30 this year.
SGB buyers may eye profits, but experts feel a hold’s better
Investors can sell sovereign gold bonds on stock exchanges or prematurely redeem them in the repurchase facility offered by the government once every six months, after the end of the fifth year. After the eighth year, bonds are redeemed, and the accumulated capital is given back to investors.