Participants in the January poll were “a lot less bearish” than in the fourth quarter, sparking a rotation to emerging markets, Europe and cyclical stocks, and away from pharmaceuticals, technology and the US, strategists led by Michael Hartnett wrote in a note. Allocation to US equities “collapsed” during the first Continue Reading
Reseñas
Big Movers on D-St: What should investors do with HCL Technologies, IndusInd Bank and UltraTech Cement?
At the lower level stock made a double bottom and gave some pullback to make a high around 1151 levels. In the last 4-6 week’s price moved in the consolidation phase taking support of multiple bottoms and facing the resistance of multiple tops in the last two weeks with high Continue Reading
To check fund misuse, secondary market trades may get ASBA-like settlement
The capital markets regulator proposed that the Unified Payments Interface (UPI) mandate service of a single block and multiple debits can be integrated with the secondary markets to enable clients to block funds in their bank account for trading in the secondary market, instead of transferring it upfront to the Continue Reading
ETMarkets Smart Talk: We expect some rationalization in capital gains tax structure in Budget 2023: Reshma Banda
The Indian economy is relatively better placed than its peers and other advanced economies. In the near-term, returns would be moderate in India due to premium valuations both on a historical basis and also as compared to other emerging economies.
Wait for a dip before adding Adani Group stocks in your portfolio: Deven Choksey
“Infrastructure businesses normally have a habit of a long gestation period at the beginning, but once the projects get matured, they start generating a steady set of cash flow. That is what one has experienced in various other Adani Group companies including ports, green energy, transmissions and gas distribution.”
India’s capex spending is likely to slow on lower tax haul
When Finance Minister Nirmala Sitharaman presents this year’s budget on Feb. 1, she faces the daunting task of balancing a commitment to narrowing the fiscal deficit with keeping the engines of growth well-oiled. India’s ambition to become the world’s factory hinges on enhancing infrastructure and smoothing out logistics — areas Continue Reading
Investment MoUs worth Rs 88,420 crore in Maharashtra inked in Davos so far
Investment agreements worth Rs 42,520 crore were signed on Tuesday, the second day of the meeting in the Swiss Alpine town, said a statement from the CMO. Maharashtra Chief Minister Eknath Shinde is in Davos to attend the annual meeting of WEF, the gathering of top political and business leaders Continue Reading
US stocks open lower Goldman Sachs misses profit estimates
The Dow Jones Industrial Average fell 80.29 points, or 0.23%, at the open to 34,222.32
Chart Check: 100% in 3 years! This shipping company is likely to hit fresh 52-week highs in 1-2 months; should you buy?
“The breakout was further confirmed by the presence of higher trading volumes. Additionally, the Relative Strength Index, a momentum indicator, is aligned with the price movement, further indicating the continued uptrend,” he said.
Fundamental Radar: Down 20% in a year, 5 factors why this smallcap company is a value pick
With a competitive manufacturing base in India, the UK, the US, and Mexico, along with technical and logistical support worldwide, the company provides optimal product development and manufacturing solutions to its domestic and international customers.