The sensex hit 80,000 intraday on Wednesday, while Nifty is well over 24,000 points. Both flagship indices have returned nearly 25% over the last one year, creating wealth for investors and making India one of the hottest markets in the world. Keeping that on one side, the market is currently trading at 24.7x trailing earnings … Read more
“If you look at the last three years, I think the compounded returns are upwards of 25-30% compounded. So, markets have definitely delivered what we were looking forward to over the last three-four years and that is where as investors we would always be a little bit tempted of taking something off the table,” says … Read more
Having reported record high revenue, profits and free cash flows, Tata Motors now expects to become net automotive debt free on a consolidated basis in FY25, it said in a stock exchange filing. The company is ‘cautiously optimistic’ on domestic demand over the full year, but expects the first half of the financial year to … Read more
The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more
Indian Bank Ltd, part of the PSU banking space, has rallied more than 60% in the last 6 months which pushed the stock to a fresh record high in February 2024 which suggests that bulls are here to stay. Short-term traders can look to buy the stock now or on dips for a possible target … Read more
Meta Platforms Inc. just become Wall Street’s top comeback kid. It was only a couple of years back the Facebook owner suffered the single biggest market value destruction in stock-market history. But the company has come a long way since then, on Thursday it dazzled shareholders with yet another impressive quarterly earnings report as the … Read more
New York: Right around the start of November, two words suddenly disappeared from the chatter in the bond market: debt supply. As bond prices surged across the developed world day after day, sending yields tumbling and handing investors some much-needed profits, the angst about soaring budget deficits melted away. But for how long? Over the … Read more
