ETMarkets Smart Talk| Wealth Creators! Domestic consumption and manufacturing are key themes for the next 5–10 years: Sachin Shah
Sachin Shah of Emkay Investment Managers sees strong growth ahead, driven by domestic consumption and manufacturing. Despite market consolidation, he highlights opportunities in IT, autos, FMCG, and private banking, anticipating a broad-based rally fueled by a virtuous cycle of consumption and capex in the coming years.
ETMarkets Smart Talk| New IPOs increase investor choice, but selectivity needed on valuations and track record: Sandip Bansal
Indian equity markets face Western headwinds. Sandip Bansal of ASK Investment Managers advises caution on new IPOs, emphasizing valuation and track record. He anticipates earnings improvement from the second half of the fiscal year. FII selling is linked to tariffs and valuations, with potential for return. SIPs offer discipline for long-term investing.
Scotch whisky in spotlight as UK PM Keir Starmer begins India visit
British Prime Minister Keir Starmer is in India to promote Scotch whisky sales. A new trade deal is expected to significantly boost exports. This agreement will lower import tariffs on Scottish products. The deal aims to increase trade and create jobs in the UK. It is seen as a major opportunity for Scotland’s economy and […]
Dollar rallies as US shutdown drags on, weighing on confidence
The U.S. dollar surged to a six-week peak as escalating government shutdown fears drove investors towards safe-haven assets. Gold prices hit new highs amid global economic uncertainty. Meanwhile, the yen weakened against the dollar on speculation about Japan’s new prime minister’s economic policies. Central bank decisions from New Zealand and the U.S. Federal Reserve are […]
Asian stocks slip at open, gold close to $4,000
Asian equities experienced a modest decline, mirroring Wall Street’s retreat from record highs due to concerns about an overheated market. Technology shares were among the decliners, with a US-listed Chinese shares index falling significantly. The yen also weakened against the dollar, influenced by a leadership change in Japan’s ruling party.
Is it the right time to invest in Nifty Private Bank index?
Investors can find value in Nifty Private Bank index exchange-traded funds. These funds track private banks whose share prices have declined. Valuations are now below their ten-year average. Private banks contribute significantly to corporate profits. They are well-positioned for India’s economic growth. This investment is suitable for experienced investors aware of market volatility.
How will RBI’s new ECL framework impact lending practices?
India’s central bank has proposed significantly higher provisioning for lenders under a new expected credit loss framework. Unsecured loans will face 100% provisions after one year of impairment, while other loans will require it after four years. This aims to align with global standards and strengthen credit risk management.
Dotcom fears rise with tech stocks seeing $100-billion swings
Wall Street professionals are increasingly concerned about the rapid, massive gains in tech stocks, fueled by OpenAI’s expansion and deals with companies like AMD and Oracle. These dramatic market value increases, reminiscent of the dot-com era, are raising fears of an unhealthy bubble and a potential market crash.
Banks to seek competing bid for Rs 729-cr Sahara Star Hotel debt
Banks are seeking higher offers for the Sahara Star Hotel’s debt. Union Bank of India leads the process. JC Flowers ARC had previously offered ₹279 crore for the ₹729 crore debt. Banks aim for a minimum bid of ₹293 crore. The hotel is a valuable property with full security for the loans. An auction is […]
Nifty 50 companies poised for double-digit net profit growth for fourth consecutive quarter
Nifty 50 companies are poised for double-digit net profit growth for the fourth consecutive quarter, driven by sectors like automobiles and metals. While revenue growth may remain subdued, analysts anticipate improved prospects in the latter half of the fiscal year, supported by GST rationalization and government stimulus.