Nifty may see 6–8% growth amid subdued earnings season: Chakri Lokapriya
Chakri Lokapriya of LGT Wealth suggests a cautious market outlook. Export sectors face challenges due to US tariffs. Industrials and consumer discretionary sectors show potential. ITC and Hindustan Unilever are bottoming out. Hero MotoCorp and TVS Motors appear attractive. Private capex may see a slight increase. Large-cap banks are preferable in the current environment.
Oil prices may face further pressure amid OPEC+ supply glut: Seth R Freeman
Seth R Freeman of GlassRatner Advisory notes India’s role in stabilizing oil prices by purchasing discounted Russian oil amidst tariff announcements. He anticipates continued market volatility due to labor market adjustments, tariffs, and political news, especially with low summer trading volumes. An expected increase in global oil supply may further pressure prices, potentially leading to […]
Can Cholamandalam Investment maintain its AUM growth target in a challenging market? CFO Arul Selvan answers
Cholamandalam Investment reports vehicle finance disbursement grew by 7%. Assets under management increased by 18%. Home loan AUM saw a 33% year-on-year rise. The company maintains its AUM growth target of 20-25% for the full year. Borrowing plans involve raising Rs 7,000-10,000 crore monthly. Gold loan business expands to 120 branches by Q2.
Oil slips as OPEC+ proceeds with September output hike
Oil prices fell on Monday. This happened after OPEC+ decided to increase production in September. The increase is 547,000 barrels per day. Concerns about a slowing U.S. economy also added pressure. Earlier, OPEC+ cited a healthy economy and low stockpiles for its decision. The U.S. may impose tariffs on Russian crude buyers.
Jyoti Global Plast IPO opens today with healthy GMP buzz. Check details
Jyoti Global Plast’s IPO is set to open. The IPO combines fresh shares and an offer-for-sale. Early sentiment shows a premium in the grey market. The company raised funds from anchor investors. Jyoti Global Plast specializes in plastic molding. They supply to various sectors. The company has shown growth in profit and revenue.
Dollar steadies after tumble as investors eye imminent Fed cuts
The dollar experienced volatility following a disappointing U.S. jobs report and President Trump’s controversial actions, including the dismissal of a labor official. These events fueled speculation of imminent Federal Reserve rate cuts, impacting Treasury yields and currency valuations. While the dollar recovered slightly against the yen, markets anticipate a more dovish stance from the Fed […]
Near-term strategy for stocks with high futures rollover
Amidst Nifty’s fifth consecutive week of losses, traders are eyeing stock-specific opportunities. Kaynes Technology and Jindal Stainless show bullish potential, while Jio Financial Services is expected to test higher levels. Conversely, Indraprastha Gas and Dr. Reddy’s Laboratories face bearish sentiment. Exide Industries and Federal Bank are also anticipated to underperform in the near term, according […]
Policy rate cuts and pace of transmission: Tracking an impactful five months in 2025
The Reserve Bank of India (RBI) reduced the repo rate by 100 basis points between February and June 2025, bringing it down to 5.5%. Banks responded with a 58 bps drop in the weighted average lending rate (WALR) on fresh loans in June, reaching 8.62%.
Wall Street banks lose ground in Europe as tariffs spook clients
Amidst escalating trade tensions initiated by the US, European corporations are strategically diversifying their banking relationships, shifting away from Wall Street giants. This shift has proven beneficial for leading European banks, which are actively securing additional business.
Is the 60:40 equity-bond allocation model still viable in today’s market?
The popular 60:40 equity:bond portfolio strategy, successful in the past decade due to low interest rates, now faces challenges. Rich share valuations, persistent inflation, and geopolitical uncertainties, including AI’s impact, demand a re-evaluation. Investors should consider diversifying beyond equities as valuations suggest lower returns compared to safer fixed-income options, potentially avoiding a prolonged period of […]