Financials

ETMarkets Smart Talk | Financials offer comfort, while discretionary consumption a multi-decade story: Nitin Raheja

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ETMarkets Smart Talk | Financials offer comfort, while discretionary consumption a multi-decade story: Nitin Raheja

“We continue to believe that financials are currently the most attractively priced segment of the market today. The valuations in the sector clearly offer a margin of comfort,” says Nitin Raheja, Executive Director, Julius Baer India. In an interview with ETMarkets, Raheja said: “The other segment that we feel strongly about is discretionary consumption which … Read more

Swiggy IPO: From issue details, selling shareholders to risks, here are 10 things to know from updated DRHP

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Swiggy IPO: From issue details, selling shareholders to risks, here are 10 things to know from updated DRHP

As food and grocery delivery company Swiggy gears up to launch one of the most anticipated initial public offerings (IPOs) in recent times, a look into the Updated Draft Red Herring Prospectus (UDRHP) reveals ten important pieces of information regarding the Rs 10,000-crore public issue. Here’s what you need to know:About Swiggy IPO The public … Read more

Why credit card fraud alerts are rising

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Why credit card fraud alerts are rising

Rainstar | E+ | Getty Images It’s a scenario most people have encountered: you try to make a big or unexpected purchase on your credit card, and, at the moment you need it the most, the card gets declined. Sometimes, it’s as simple as confirming the purchase via text message, and you can quickly complete … Read more

Nifty Bank underperforms Nifty50, most sectoral peers. Should you still bet on financials?

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Nifty Bank underperforms Nifty50, most sectoral peers. Should you still bet on financials?

While Nifty Bank has logged in double digit returns over the last 1 year, its performance against broader Nifty50 and its other sectoral peers remains subpar. With rising deposit cost and moderation in net interest margins (NIMs), experts remain wary of the pack, toning down their expectations from the sector that has the largest weight … Read more

stocks to buy: No need to panic; these 5 sectors providing good long-term buy opportunities: Vikas Khemani

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stocks to buy: No need to panic; these 5 sectors providing good long-term buy opportunities: Vikas Khemani

“We will look for companies, at the end of it, it boils down to the company’s availability at the right price. So, you keep looking for your right price and right names and as and when they come, jump in and when we raise the new fund, we are still sitting on some bit of … Read more

markets: ETMarkets Smart Talk: Union Budget 2024 likely to focus on fiscal discipline, tax rationalization & driving capex cycle: Jiten Doshi

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markets: ETMarkets Smart Talk: Union Budget 2024 likely to focus on fiscal discipline, tax rationalization & driving capex cycle: Jiten Doshi

“The Union budget 2024-25 is significant, being the first from the new regime. The focus will be on taking the unfinished agenda and fast tracking some of the pending reforms,” says Jiten Doshi, Co-founder & CIO, Enam AMC. In an interview with ETMarkets, Doshi said: “One can expect special focus to boost the income opportunities … Read more

stocks: Hot Stocks: 3 stocks that may give returns between 15-31%

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stocks: Hot Stocks: 3 stocks that may give returns between 15-31%

A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 15% and 31% as per analysts’ price targets. Inox Wind BROKERAGE: AXIS SECURITIES Price Target: Rs 185 CMP: Rs 141.9 Upside: 30.4% Well positioned to capture wind sector market share with stronger financials and robust order book … Read more

tech stocks: Big tech is driving the S&P rally. The rest have to step up soon

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tech stocks: Big tech is driving the S&P rally. The rest have to step up soon

The unceasing growth of Big Tech has been an article of faith for investors since the latest stock market rally began in October 2022. But with an uninspiring earnings outlook for the rest of 2024, other corners of the market will likely be needed if share prices are to keep soaring. “To have a similar … Read more

auto sector: Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha

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auto sector: Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha

“Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, were disappointing. With per capita spending increasing, fast-moving electrical goods, home improvement, and auto sectors tend to do well,” says Gurmeet Chadha, Complete Circle ConsultantsWe are hearing reports suggesting an acute shortage of air conditioners and other consumer durable goods. … Read more

Indian market: Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

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Indian market: Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

Mumbai: Kotak Institutional Equities said the Indian market continues to be a mix of being “rightfully optimistic and mistakenly euphoric”. The brokerage said parts of the market rightfully reflect the strength of the Indian economy and its long-term growth prospects, while the other parts reflect “extreme euphoria linked to baseless narratives.” Kotak said the market … Read more