Category: Market Outlook

IPO | Representative image. The euphoria in the primary market, which helped companies raise more than Rs 17,000 crore this year, has fizzled out, with almost half of the recently listed shares trading below their issue price. The second wave of the pandemic and the sharp fall in benchmark indices have dampened the sentiment in […]

Rupen Rajguru, head of equity investment and strategy, Julius Baer, believes this is a ‘buy on dips’ market along with it being a ‘de-polarised’ one. He does not foresee a 2020-like scenario wherein a nationwide lockdown affected the economic growth. More localised restrictions are expected to be put in place to curb the spread of COVID-19, […]

India Gold MCX June futures traded flat with a negative bias on April 27 following muted trend seen in the international spot prices as a firmer dollar dulled the metal’s appeal, while the market looked forward to cues from the US Federal Reserve’s policy meeting. Market participants are now looking at the US Fed’s two-day policy meeting, which ends […]

Stocks that were in focus include ICICI Prudential that rose over 6 percent, JSW Steel that rallied more than 3 percent, and SAIL which closed with gains of over 8 percent. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] […]

The Indian stock market is expected to open flat as trends on SGX Nifty indicate a muted start for the index in India. Indian market witnessed a bounce back on Monday which helped Nifty50 to recoup losses made on Friday. The Nifty50 closed above 14,450 levels while the S&P BSE Sensex reclaimed 48000. The S&P BSE […]

Indian markets bounced back on April 26 supported by positive global cues, strong earnings from ICICI Bank, which led to buying in financials, and initial signs of a possible slow down in COVID-19 infections. Bulls pushed the S&P BSE Sensex above 48,000, while the Nifty rose 1 percent to close above 14,450 as it failed […]

Key things to watch out for – FY22 revenue and margin outlook, deal pipeline in telecommunication & enterprise segment and attrition rate noting that the company has been harsher than peers in cutting variable compensation, etc. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ […]

Ashish Chaturmohta, Head of Technical and Derivatives, Sanctum Wealth Management, says the second coronavirus wave will hit economic momentum and earnings recovery but the government’s assurance that there will be no nation-wide lockdown offers comfort. In an interview to Moneycontrol’s Kshitij Anand,  Chaturmohta says if the Nifty stays above 14,460, it can move towards 15000 […]

Experts fear the restrictions will hit economic activity and earnings of India Inc in the upcoming June quarter. Though the impact will be felt on a sequential basis, on a YoY basis, the results will be strong, they say. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ […]

Jay Thakkar, VP and Head of Equity Research, Marwadi Shares and Finance believes that in the given scenario of rising COVID cases there is a possibility of some consolidation but a complete meltdown like last March 2020 is not expected. Thakkar, has nearly 10 years of experience in capital markets under his belt, said will be lots […]

India is passing through a major health crisis. News regarding daily COVID-19 infections, death, non-availability of beds and oxygen, travel bans from India being imposed by many countries – all indicate a gloomy scenario. Increasing localised lockdowns, curfews and severe restrictions on movements mean that the market’s pre-second wave assumptions of around 11 percent GDP […]

Chart structure suggests that both midcap and smallcap indices will remain rangebound going ahead as they have entered a consolidation phase, Aditya Agarwala, Senior Technical Analyst, YES SECURITIES said in an interview with Moneycontrol’s Kshitij Anand. Edited Excerpts – Q) Sensex, Nifty tested crucial support levels and then bounced back but still closed in the […]

On the asset quality front, the lender said the net NPA ratio declined to 1.14 percent during the quarter under review from 1.26 percent (on a proforma basis at December 2020.) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] […]

The company paid a one-time bonus to employees in 4QFY21 amounting to around USD 100 million. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { […]

When you switch on your laptop or mobile, sometimes, a disconcerting ad pops up talking about a young girl with three siblings who cannot afford food or school fees, or maybe, a parent asking for money for a life-saving surgery for their child. An ad like that is bound to generate a degree of guilt, […]

Indian market witnessed a volatile week as bears took control pushing the Nifty lower for the third consecutive day in a row below 14,400, but small & midcap stocks outperformed on a relative basis. The S&P BSE Sensex, and Nifty50 fell by about 2 percent each while the S&P BSE Midcap index was down by […]

Stock markets are a forward-looking and given that the majority of the stocks are already trading at frothier valuations, corrections irrespective of the reasons are bound to occur, said Nirali Shah, Head of Equity Research, Samco Securities said in an interview with Moneycontrol’s Kshitij Anand. During such uncertain times, it would be best to remember what […]

One way of looking at the major economies and the progress they have made towards normalisation is to look at three things. One, the quality of the economic recovery in these territories; two, the persistence or otherwise of their expansionary policies; and three, the current efforts at containing the recent wave of infections. United States […]

The Indian market failed to hold onto gains and closed in the red on April 23 on weak global cues and consistent record rise seen in coronavirus cases in the country. The Sensex closed 202 points, or 0.42 percent, lower at 47,878.45 and the Nifty ended 65 points, or 0.45 percent, down at 14,341.35. Sectorally, […]