“This time around, they have raised the rates at the fastest pace since 1990 and nothing seems to have happened. And I have just written an article yesterday in ET explaining why that seems to be the reason,” says Jigar Mistry, Co-Founder, Buoyant Capital. A lot of market participants right now are very-very confused to … Read more
Sandip Sabharwal, asksandipsabharwal.com, says not looking for a big crash in the markets, but current valuations are high almost across the board. So, we should keep some cash on the sidelines and wait for the appropriate opportunities. What will generate those opportunities is tough to say, maybe it will be disappointment in what the Fed … Read more
Global and Indian markets have been shining so far in 2024 with MSCI world up 13%, MSCI India increasing an impressive 21%, and small and midcap Indian indices almost 30%. For the remaining part of the year, global events would take centre stage as to how the equity market performs globally and headwinds seem more … Read more
Indian Railway Finance Corporation Share Price 193.65 03:59 PM | 31 Jul 2024 -1.82(-0.93%) One97 Communications Share Price 494.25 03:59 PM | 31 Jul 2024 -2.65(-0.54%) YES Bank Share Price 26.51 04:00 PM | 31 Jul 2024 0.81(3.12%) ITC Share Price 495.35 03:59 PM | 31 Jul 2024 5.46(1.12%) HDFC Bank Share Price 1615.75 03:59 … Read more
Even as banks and other financial stocks dragged Sensex and Nifty down following a hike in capital gains tax in Budget, smallcaps and midcaps continued to rally as if nothing changed in the Finance Bill. Sensex was down around 600 points as heavyweights HDFC Bank, ICICI Bank, Axis Bank and Bajaj twins led the downside … Read more
“Given the recent election results fell short of expectations for the NDA, there might be a renewed focus on social expenditure, particularly in rural areas, to boost consumption, and drive economic activity,” says CA Arun Kumar Poddar, CEO & Executive Director, Choice International Ltd. In an interview with ETMarkets, Poddar said: “For the next six … Read more
The equity boom in Indian markets meant that lakhs of investors entered the investing arena, particularly post the pandemic era. This is reflected in the fact that equity investors have realized a profit of Rs 50,000 crore over the last four years and are sitting on unrealized profits of Rs 1 lakh crore on an … Read more
“Achche din ki sabse badi guarantee hai the growth in the GDP. So, India having reached fifth largest economy status and all the pundits and all the gurus from IMF to investment houses to all the economists predict that India will be number three in a very short duration of time,” says Puneet Chhatwal, MD … Read more
Indian markets are likely to consolidate on Friday tracking mixed global cues. The Nifty future closed positive with marginal gains of 1.54% at 23008 levels on Thursday. India VIX was down by 0.42% from 21.47 to 21.38 levels. On the weekly options front, the maximum Call OI is placed at 23500 and then towards 23000 … Read more
Nifty on Tuesday ended 125 points lower to form a bearish candle on the daily chart as it recorded losses for the third straight session. The short-term trend remains weak. But, having placed near the cluster support of around 22,000 levels, one may expect an upside bounce from the lows in coming sessions. Immediate resistance … Read more
