Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to favorable interest rates and low valuations. PSU stocks are building a base after a correction, offering low-value picks. The metal sector anticipates a commodity cycle upturn driven by sustained demand.
Defence sector has strong tailwinds, but valuations are sky-high: Dinshaw Irani
Dinshaw Irani of Helios Mutual Fund discusses investment strategies. He favors new-age companies and highlights quick commerce potential. Irani expresses optimism about Eternal and fintech companies. He also shares a revised outlook on the auto sector, particularly Bajaj Auto, citing its EV initiatives and export performance. Irani sees potential in the defence sector but notes […]
Muted June quarter ahead, September may offer some relief: Dinshaw Irani
Helios Mutual Fund’s CEO, Dinshaw Irani, anticipates a dull June quarter with potential for an uptick in September, driven by interest rate cuts. While power sector faces a breather due to surplus, financial services, particularly banks and NBFCs, remain strong. Irani is also positive on hospitality and healthcare due to limited quality rooms, but negative […]
UBS’ double upgrade lifts Aarti Industries shares 3% higher, 31% upside predicted
The brokerage firm noted that their ‘seel’ rating was set against the backdrop of a peaking chemical cycle and risk to guidance/consensus expectations for the energy segment (n-methyl aniline, MMA)
Gold prices predicted to fall up to Rs 93,000/10 gms. Here’s what analysts say
Around 11 am, the metal saw buying interest from lower levels, rising 0.36% to trade at Rs 95,490 per 10 grams, a gain of nearly Rs 350 from Tuesday’s closing price.
ETMarkets Smart Talk: India’s structural growth story backed by the 3Ds—democracy, demand, and demography
Amidst global volatility, Amit Jain of Ashika Global Family Office Services remains bullish on Indian equities, citing democracy, demand, and demography as key strengths. He advises investors to stay focused on governance and quality stocks, particularly in banking, FMCG, and select PSUs.
Fund Manager Talk | Auto entering coexistence era of ICE and EVs, HDFC AMC’s Priya Ranjan explains
HDFC AMC’s Priya Ranjan suggests a “coexistence era” for ICE and EV technologies, with ICE vehicles maintaining dominance in commercial and entry-level segments. While EV growth is promising, infrastructure and cost parity remain challenges. Anticipated interest rate cuts in 2025 could stimulate financing-driven demand, particularly in rural markets and for commercial vehicles, potentially boosting entry-level […]
Scoda Tubes IPO opens for subscription: Should you invest?
Scoda Tubes launched its IPO on May 28, aiming to raise Rs 220 crore through a fresh issue of shares priced between Rs 130-140. Canara Bank Securities suggests subscribing for long-term gains, citing technical expertise and export growth. While financials show revenue and profit increases, investors should consider cash flow and customer concentration risks.
Oil prices inch up as US bans Chevron from exporting Venezuelan crude
Brent crude futures rose 47 cents, or 0.73%, to $64.56 a barrel by 0028 GMT, while U.S. West Texas Intermediate crude gained 49 cents, or around 0.8%, to $61.38 a barrel.
Large deal momentum, improving profitability keep Coforge stock buoyant
Coforge shares rose 13% since May 5, outperforming the BSE IT index, driven by strong revenue growth, record deal wins, and margin expansion in Q4 FY25. The company retained its $2 billion FY27 revenue target, secured a $1.56 billion deal with Sabre, and reported a 48% rise in executable order book despite macro uncertainties.