Category: Market Outlook

The long-awaited scheme of incentives to scrap old automobiles announced on March 18 is expected to boost demand for new vehicles and provide low-cost recycled components, potentially doubling the industry’s turnover if implemented effectively. Experts say the ‘Voluntary Vehicle-Fleet Modernisation Program’ or ‘Vehicle Scrapping Policy’ will help the entire value chain of commercial vehicles including […]

Deepak Jasani, Head of Retail Research, HDFC Securities, feels rising bond yields could be the latest party pooper for the Indian market. In an interview to Moneycontrol’s Sunil Shankar Matkar, he said faster-than-expected increase in inflation can make global central banks reduce the quantitative easing. Apart from this, in India, we have the added uncertainty of the […]

Deepak Jasani, Head of Retail Research, HDFC Securities, feels rising bond yields could be the latest party pooper for the Indian market. In an interview to Moneycontrol’s Sunil Shankar Matkar, he said faster-than-expected increase in inflation can make global central banks reduce the quantitative easing. Apart from this, in India, we have the added uncertainty of the […]

The long-awaited scheme of incentives to scrap old automobiles announced on March 18 is expected to boost demand for new vehicles and provide low-cost recycled components, potentially doubling the industry’s turnover if implemented effectively. Experts say the ‘Voluntary Vehicle-Fleet Modernisation Program’ or ‘Vehicle Scrapping Policy’ will help the entire value chain of commercial vehicles including […]

Dinshaw Irani, chief investment officer of Helios India, believes that a bigger opportunity will be once the vaccination process reaches a certain threshold, he said. Vaccination of the masses will ensure the economy fully opening up sans any restrictions. This in itself will be a very big positive. Irani has nearly 30 years of investing experience. Prior to […]

March 17, 2021 / 01:22 PM IST ‘); $ (‘#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 ) { $ (‘#backInner1_rhsPop’).html(data); $ .ajax({url:url, type:”POST”, dataType:”json”, data:{q_f:typparam1,wSec:secglbVar,wArray:lastRsrs}, success:function(d) { […]

March 19, 2021 / 11:32 AM IST ‘); $ (‘#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 ) { $ (‘#backInner1_rhsPop’).html(data); $ .ajax({url:url, type:”POST”, dataType:”json”, data:{q_f:typparam1,wSec:secglbVar,wArray:lastRsrs}, success:function(d) { […]

Vinod Nair, Head of Research, Geojit Financial Services thinks the recent rise in bond yields, inflation, high valuations and a spike in India’s coronavirus cases has led to volatility in the market. He thinks a short-term correction will be good for the Indian equity markets and he is upbeat about the year ahead. In an interview […]

A volatile week for Indian markets as every rise was being sold into but the bulls managed to gain some control on March 19 after days of selloff. Both the Sensex and the Nifty50 closed below their crucial support levels, raising concerns about a fresh selloff in the coming week. The Sensex fell 1.8 percent, […]

Nirali Shah, Head of Equity Research, Samco Securities, has given a thumbs-up to the vehicle scrappage policy the details of which were shared by the government on March 18. The policy is good for the auto sector as it will boost demand for new vehicles and reduce the cost of components that can be recycled, she says. In […]

The Nifty50 has rallied by about 70 percent so far in FY21, but there is plenty of action still left as we are in the first round of bull market, Sachin Shah, Fund Manager, Emkay Investment Managers said in The Market Podcast with Moneycontrol. The Nifty50 has rallied by about 70 percent so far in […]

PNB Gilts | Rating agencies ICRA and CRISIL on March 16, 2021, reaffirmed the credit ratings of “ICRA A1+” and “CRISIL A1+”, respectively, assigned to Rs 1,000 crore commercial paper programme of the company. The announcement was made post market hours, so the stock did not react to the news development. It closed 1.26 percent […]

Dr. Joseph Thomas, Head of Research, Emkay Wealth Management, believes two-thirds of the mid-cap stocks are still relatively undervalued and are trading closer to their historical averages. Moreover, their earnings have a strong positive correlation with the rate of economic growth. This leads one to the conclusion that they will make much better gains from the […]

Zee Entertainment rose nearly 2 percent with strong volumes, HCL Tech fell 4 percent while Infosys was down 3.6 percent at the end of the trade on Thursday. Read on to know expert recommendations on how to trade these stocks today. ‘); $ (‘#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’] […]

For FY22, Kamath expects the market to remain rangebound between 14000-15500. But, the ideal level would be at the lower end of the range compared to the higher end of the range. Nikhil Kamath Bulls pushed Indian benchmark indices to record highs in FY21 where Sensex climbed above 52000 while the Nifty50 hit a life […]

Dovish commentary from the US Federal Reserve led to strong gains in the opening session on D-Street on March 18 before the spike in US bond yields let bears take control. The US 10-year treasury yields rose to 1.74 percent, their highest since January 2020. Back home, five consecutive days of fall could put anyone in […]