Yen edges up as traders push back Fed rate hike bets
The yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to adjust their forecasts, pushing back the timeline for a potential Federal Reserve interest rate hike this year. Soft economic signals from the U.S. have dampened investor sentiment regarding future rate adjustments. Meanwhile, oil prices displayed volatility […]
Negative Breakout: These 9 stocks cross below their 200 DMAs
In the Nifty500 pack, nine stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on August 14, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. Traders use the 200 DMA as a […]
Global Market Today: Asian shares mixed, dollar dips as Fed hike bets ease
The dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Treasury yields dropped universally as retail sales saw a significant downturn. Meanwhile, oil prices reversed their upward trend as traders sought new market signals. In Asia, stock markets showed little variation amid careful monitoring of Middle Eastern […]
India Inc clocks strongest revenue growth in 9 quarters; margins squeezed by rising costs
In the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by only eleven percent, largely due to rising input costs. Key sectors such as auto, banking, metals, and pharma played a pivotal role in this expansion. Notably, small and midcap firms showcased impressive earnings per share. Looking […]
Nifty takes a breather as bulls and bears watch the next move: Analysts
The Nifty index has reached a temporary halt following a robust upward surge, positioning itself at critical support and resistance zones. Analysts are divided in their approaches: some suggest capitalizing on price dips, while others lean towards profiting from price spikes. Notably, the Bank Nifty remains strong, indicating potential for additional growth.
Can Horizon Parks IPO deliver long-term growth for high-risk investors?
Horizon Industrial Parks plans a ₹2,600 crore IPO to reduce its debt burden. The company develops and leases large warehouses and industrial facilities across India. Revenue and EBITDA have shown significant annual growth in recent years. However, the company has not yet achieved profitability, with net losses widening. Investors with a high-risk appetite may consider […]
Bonds face a bigger threat than the Fed as global rates climb
As central banks worldwide, notably in Japan, Canada, and the euro zone, signal plans for sharper interest rate increases than the US, global markets prepare for potential volatility. This transition puts traditional bond safety under strain while anticipating a ripple effect on stock valuations and currency fluctuations. Investors are left grappling with the challenges posed […]
Equity investments should give about 15% annual returns over next 5 years: Raamdeo Agrawal
According to Raamdeo Agrawal of Motilal Oswal, Indian equities may yield a promising fifteen percent annual return over the upcoming five years. However, foreign investors are currently drawn to more dynamic markets like South Korea and the US, deterred by India’s capital gains tax and currency instability.
Banks may rush to tap short loans abroad
Bankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) clients after the Reserve Bank of India advanced the deadline for swap support. These funds will have to be replaced with a long-term loan or bond later, leading to a temporary mismatch […]