Author: India

Rupen Rajguru, Executive Director and Head of Equity Investments and Strategy at Julius Baer, expects the beginning of a new economic cycle, led by a strong financial system and coupled with a healthy corporate balance sheet, would gradually lead to fiscal consolidation. On the RBI monetary policy, Rupen, who has over 19 years of experience in […]

The IT space has a positive outlook in view of the second-quarter results and strong deals bagged by most companies in the last one year, believes Vinod Nair, Head of Research at Geojit Financial Services. As far as TCS is concerned, its topline and bottomline were marginally below the estimate, he pointed out during a conversation with Sunil […]

After witnessing a sell-off in the week ended October 1, Nifty bounced back sharply with another rally of more than 2 percent last week. Nifty continued its uptrend and closed around 17,900. However, it failed to make a fresh all-time high in the past week. The Nifty futures during this week ranged from 17,940 to 17,560. On […]

Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities, feels the Reserve Bank seems to be following other central banks by first trying to reduce liquidity by abandoning GSAPs and announcing VRRR calendar. “The equity markets are relieved temporarily by the dovish tone but are aware of the rate hike possibilities going ahead,” said […]

Gaurav garg Looking at the Indian economic drivers, especially inflation, companies’ growth rates and interest rate, Gaurav Garg, Head of Research at CapitalVia Global Research expects the economy may outperform the Fitch Ratings and may report around 9.5 percent for FY22. Fitch Ratings lowered its economic growth forecast for India for FY22 to 8.7 percent […]

Easy liquidity and low interest rates have gone a long way in supporting the larger economy and changes to the policy are inevitable and it is to be seen in terms of how the markets react to higher rates and lower liquidity support. Sameer Kaul October 10, 2021 / 08:15 AM IST It has been […]

Santosh Meena, Head of Research at Swastika Investmart, who has more than 10 years of experience in the financial markets with expertise in technical & derivative analysis, said TCS witnessed another quarter of strong earnings but there is a slight miss on expectations especially on the margin front. “The stock has already rallied ahead of […]

It was quite a positive surprise that corporate earnings registered a healthy growth amidst the COVID-19 pandemic in FY21 when the Indian economy witnessed one of its most severe post-Independence recessions. Nifty EPS growth came in at a healthy 18 percent in FY21, despite a record GDP contraction of 7.3 percent contrary to many expectations […]

Harshad Chetanwala, Co-Founder of MyWealthGrowth.com with over 18 years of experience in financial services, feels economic activities are expected to improve further and catch more momentum as we enter the festival season. The markets have begun factoring in the revival, though valuations and uncertainty in the global market may play on the minds of analysts […]

The purpose of low interest rate policy is to support the real economy, but this has not happened yet, given the large output gaps and the lack of credit offtake, believes TRUST Mutual Fund Chief Executive Sandeep Bagla. In an interview with Moneycontrol, he told Sunil Shankar Matkar that with inflation readings likely at 4-5 percent over […]

Naveen Chandramohan, founder and fund manager, ITUS Capital, said the change in India’s rating outlook to stable (from negative) by Moody’s Investors Service is a good sign for the country’s stability as borrowing costs naturally go lower. In an interview on email, Chandramohan, who has had a 15-year career in the financial services sector across fund […]

Piyush Garg, Chief Investment Officer at ICICI Securities expects consolidation in the market going forward with more stock-specific action. Any large correction in equity market will be led by fall in global markets, he feels. Piyush Garg has over 23 years of experience in the Indian financial markets. The central bank is expected to continue […]

Narendra Solanki, head, equity research (fundamental) at Anand Rathi Share and Stock Brokers, feels a steady move on the upside is expected in the market. “Markets are now waiting for earnings to back it up. There could be some global-related factors which could impact but nothing negative on the domestic front,” he said in an […]