Reseñas

According to ET Now sources, the upcoming SEBI deadline for UBO compliance is expected to affect only a small number of FPIs. The report highlighted that even non-compliant FPIs can continue operations beyond the September 9th deadline by paying a 5% penalty. Additionally, these FPIs will be granted an extra Continue Reading

Federal Reserve Bank of New York President John Williams said Friday that a better balanced economy has opened the door to cutting rates, with the full course of action to be determined by how the economy performs.

The emergence of a long bear candle on the daily chart, coupled with a decisive break below the 25,000 support level, points towards a significant downward shift in the market. This pattern, according to Nagaraj Shetti of HDFC Securities, confirms a short-term top reversal at the 25,333 level.

Nifty Bank has underperformed Nifty50 and other sectoral peers over the past year, with private banks lagging due to valuation concerns. Despite some strong loan growth and solid capital adequacy ratios, rising deposit costs and moderation in net interest margins pose challenges. Experts remain cautious about the sector’s near-term outlook.

Vikash Kumar Jain from CLSA discusses India’s bullish market trends, potential for low returns, and the recent growth in the pharma sector. He highlights the need not to view global sectors through the India lens and says that will be a blatant mistake. Jain expects increased investment flows into India Continue Reading

​We own a stock here called Jubilant Pharmova. The company was given a grant from the US government to create a manufacturing facility on the US soil and the US government would have the right of first refusal on production on the facility. And when the US government does not Continue Reading

VI Share Price: In one of the most bearish reports on the debt-ridden telecom company Vodafone Idea, global brokerage firm Goldman Sachs has set a target price of just Rs 2.5, indicating a potential downside of up to 83%. Goldman Sachs argues that while Vodafone Idea’s recent capital raise is Continue Reading

Matrimony Share Buyback: Matrimony.com’s board approved a Rs 72 crore share buyback at Rs 1,025 per share, a 27.5% premium. The stock rose 3% to Rs 829.55 on the news.

​I think in the short term they remain to be under pressure, no doubt about that. But we believe I think there is a long way to go for PSU banks. Definitely in the near-term there will be pressure, but yes, from the medium-term perspective one should definitely look for Continue Reading

So, September, October, in any case, tend to be months where after big up moves, some corrections tend to happen globally also historically. So, I think these two months we have to look out for.