India-US trade deal: Trade team heading to Washington next week for legal pact
India’s chief negotiator Darpan Jain will lead a delegation to Washington next week to finalize the legal agreement for the India-US trade deal, aiming for a March signing. The visit follows the finalization of an interim trade agreement framework, with virtual talks ongoing to translate contours into a legal pact.
Fortis Healthcare maintains strong growth momentum, eyes expansion
Fortis Healthcare reported a 19% revenue growth in its hospital business, driven by acquisitions and brownfield expansions. The company anticipates reaching 70% occupancy within a year and is on track for margin expansion, with hospital EBITDA expected to reach 24-25%.
Midcaps offer attractive opportunities amid volatility: Gautam Duggad
Indian companies are reporting strong earnings growth. Metals and oil & gas sectors are leading the charge. Even excluding these, growth remains robust. Auto, capital goods, NBFCs, and PSU banks are showing healthy gains. Smallcaps are also recovering. Despite this, market sentiment is cautious, particularly for mid and smallcap stocks. Investors need to be selective.
Nischal Maheshwari flags reinvention ahead for IT, backs domestic themes
Technology stocks experienced a decline as investors assessed AI’s impact on India’s IT services sector. Experts suggest adaptation over alarm, noting that while medium-term challenges exist, short-term reactions are overdone. The focus shifts to domestic consumption, infrastructure, and cement sectors for resilience amid global uncertainty.
End of rate cuts, ample liquidity: Why short-end yields above 7% look attractive, says Devang Shah
Fixed income investors should recalibrate strategies as RBI nears the end of its rate-cut cycle. With comfortable liquidity and low rate hike probability, short-term AAA corporate bonds above 7% offer better risk-reward. Accrual-oriented strategies in the short to medium segment are favored over long-duration bets. Potential Bloomberg index inclusion could boost government bonds.
ETMarkets Smart Talk | Avoid 40–50x P/E stories without earnings backing, says Sandeep Nayak
Markets are entering a discerning phase, shifting from narratives to performance. Investors are cautioned against chasing high-P/E small and mid-caps without earnings visibility, as multiple compression is likely. India’s medium-term outlook remains constructive, driven by earnings delivery, global liquidity, and FII flows.
Negative Breakout: These 11 stocks cross below their 200 DMAs
In the Nifty 500 pack, the closing prices of 20 stocks fell below their 200-day moving averages on February 13, according to StockEdge.com’s technical scan data. Of these, we have highlighted 11 stocks that slipped by about 2% or more. Trading below the 200 DMA is considered a negative signal as it indicates that the […]
Yen softens after strong week, dollar steady as traders weigh rate outlook
Following an impressive rally, the Japanese yen has taken a step back, contrasting with the stability of the U.S. dollar. Dismal inflation reports from the U.S. have led to rising expectations for the Federal Reserve to ease interest rates, with June emerging as a focal point for potential cutbacks.
Gold prices dip on firmer U.S. dollar
Monday brought a small drop in gold prices, a contrast to the robust gains of the previous trading day. The latest inflation report from the U.S. was softer than expected, raising expectations for interest rate cuts by the Federal Reserve.
Fresh legal snag may delay NSE’s long-awaited public debut
India’s largest stock exchange, NSE, faces a new hurdle in its decade-long IPO journey. A petition in Delhi High Court questions Sebi’s approval for the listing. The case centers on alleged violations of rules for adjusting derivative trades during corporate actions. This legal challenge could once again delay NSE’s much-awaited public debut. The court’s decision […]