Reseñas

But for global shocks, India’s inflation will moderate in 2023. Even if commodity prices were to stay flat, WPI inflation will be significantly low. Flat energy prices and reduced aggression in core price hikes imply CPI inflation could soften to ~5%. Food inflation still entails pockets of uncertainty.

With increased interest from HNIs & ultra HNIs in alternate assets, particularly in SEBI-approved alternative investment funds (AIFs), we may see tax clarity coming in for the CAT III AIFs, which will be a welcome move from the industry as well as from the investors’ viewpoint.

PFC stock has seen a strong build-up of long positions in the derivative segment. Since the expiry of the December derivative series, the stock has gained 14% and hit an over-five-year high of Rs 160.80 on Friday. If the stock manages to cross Rs 170 and trades above that level, Continue Reading

In March 2020, amid the pandemic and an unsettling choppiness in the stock market, the Securities & Exchange Board of India (Sebi) had taken a slew of measures to minimise volatility. One of the steps was capping the naked or unhedged exposure that offshore and local mutual funds could take Continue Reading

The relaxation was announced following representations and in view of hardships faced by taxpayers due to Covid-induced restrictions. “In exercise of its power under Section 119 of the Act, hereby provides that the compliances …, may be completed on or before March 31,” the CBDT notification said

Weak global cues are largely weighing on sentiment in the absence of any major trigger from the domestic front. We may see some breather in the Nifty index after the recent slide but the tone is likely to remain negative, citing the weak structure of several index heavyweights. Participants should Continue Reading

At a time when India’s largest public sector lender State Bank of India (SBI) is offering the highest interest rate of 6.75%, a handful of stocks are still offering better dividend yields. Unlike debt instruments, dividend yield is not guaranteed and any fluctuation in the stock price can also affect Continue Reading

The stock bottomed out near 80 levels when it hit a 52-week low of Rs 83 on 20 June 2022. The stock has been making higher highs and higher lows on the monthly charts for the past 4 months.

“If Asia looks better in aggregate on comparative valuations, there is one market where valuations are undoubtedly challenging. That is GREED & fear’s long-term favourite, India. The Nifty index now trades at 18.8x 12-month forward earnings, compared with a historic 10-year average of 17.2x,” Wood said in his weekly note.

Trent is a leading fashion retailer selling 100% in-house brands across the apparel, innerwear, accessories, and footwear categories. The company is best known for its flagship Westside format (59.5% of FY2023E standalone revenue) but has rapidly scaled up the Zudio format as well (39.9% of FY2023E revenue).