ETMarkets Smart Talk: Sachin Shah on India’s role in ‘China +1’ and ‘Europe +1’ strategies in global supply chains
Global purchasing managers have been seeking to de-risk procurement from China for many years. They have been working on this, but post-COVID and due to recent geopolitical challenges, this trend has accelerated.
What should long term investors do in current market scenario? Daljeet Kohli answers
Good part is that in terms of our portfolio, we were already positioned towards things which were at reasonable valuation. So, we have avoided PSUs, railways, defence, those kind of stocks. We do not own in our portfolio for quite some time now.
Big movers on D-Street: What should investors do with Macrotech Developers, Naukri and Titan?
Benchmark indices Sensex and Nifty dropped for a sixth straight session, impacted by mixed global trends. Key stocks included Macrotech Developers gaining 1.3%, while Naukri and Titan fell by 2.4% and 2.6% respectively. Analyst Ameya Ranadive provides recommendations for these stocks amid market volatility.
Death Crossovers: These 5 stocks signal further bearishness on October 8
In the NSE list of stocks, five stocks with a market cap of over Rs 1,000 crore are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term […]
Middle East conflict keeps markets nervous ahead of China’s reopening
The benchmark 10-year U.S. Treasury yield held above 4% in early Asia trade, as a robust U.S. labour market prompted traders to heavily scale back their expectations for Federal Reserve rate cuts.
Gold prices likely to be volatile, avoid lumpsum purchases
Over the last one month, gold price in dollar terms has moved up by 6.3%, while in rupee terms it is up 7.1%. The Nifty has shed 0.7%. In this calendar year, gold gained 28.8% in dollar terms, while in rupee terms it gained 21.2%, compared to the Nifty’s gains of 15.3%.
Financial services draws most FPI flows in September
Overseas investors sold shares worth ₹7,054 crore across eight sectors in the second-half of the month. The consumer services sector witnessed the highest foreign outflows at ₹2,784 crore, after receiving inflows worth ₹4,158 crore in August.
Rise in US jobs may lead to reversal of trades hinging on Fed lowering rates
The Fed delivered a jumbo-sized 50 basis-point cut last month, temporarily vindicating that view. But the trajectory of rates is less certain after Friday’s labour market report, which showed the US economy creating over 100,000 more jobs than expected last month. That suggests there is less need for more large cuts this year and raises […]
HFCs propose higher guarantee cover for affordable home loans
Housing finance companies propose revamping the Credit Risk Guarantee Fund Trust for Low Income Housing. They suggest increasing the guarantee cover for home loans to ₹25 lakh from the current ₹5 lakh. This renewal aims to include more low-income customers and boost affordable housing in 124 districts. The government’s response is awaited.
HDFC Bank’s online services hit by glitches
“The bank had to take an unscheduled downtime earlier today (Monday) as some operations like transactions through RTGS and NEFT using net banking were affected,” a spokesperson said at the lender. “The issue stands resolved.”