IT and pharma sectors look tactical buy in short- to medium-term peak
4 months, 2 weeks ago

IT and pharma sectors look tactical buy in short- to medium-term peak

Live Mint  

This week, the domestic market reached the psychological milestone of 25,000, with a peak at 25,078.30 before closing at 24,717. The market experienced a brief surge, in the last 7days, before consolidating due to subdued quarterly results & clampdown in Asian market like Japan. The domestic market's rally over the past month is largely due to the improved performance of laggard sectors like IT, Pharma, and FMCG, which had been subdued over the previous year. In contrast, the BoJ increased its rate to 0.25%, which has had minimal impact on global markets but led to a sharp decline in the Japanese market, 5% down in the last 5days. The sustainability of India’s rally is being questioned due to high broad market valuations, particularly among midcaps, and a decline in earnings growth.

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Expert view: Tone down return expectations from Indian stock market, says Premchandani of UTI AMC
13 hours, 52 minutes ago

Expert view: Tone down return expectations from Indian stock market, says Premchandani of UTI AMC

Live Mint  

Expert view: Amit Premchandani, Senior Vice President and Fund Manager – Equity at UTI AMC, believes valuation remains in above-average zone for large caps while mid and small cap are expensive. This year's key trends have been a sharp improvement in the earning profile of capital market players, driven by broader participation leading to significant volume growth for exchanges, pick …

Market outlook 2025: What key triggers and challenges will shape the Indian stock market next year?
Trending News
14 hours, 35 minutes ago

Market outlook 2025: What key triggers and challenges will shape the Indian stock market next year?

Live Mint  

Market outlook 2025: The Indian stock market remains well-poised for a healthy growth in the medium to long term due to strong macroeconomic fundamentals. Key challenges for the Indian stock market in 2025 The key challenge for the Indian stock market is a slowdown in global growth and rich valuation of the Indian stock market. Despite recent correction, several pockets …

Stock Market Outlook 2025: Nifty At 27K Or 28K By Year-End? Insights From Market Experts
Trending News
3 days, 14 hours ago

Stock Market Outlook 2025: Nifty At 27K Or 28K By Year-End? Insights From Market Experts

ABP News  

The Indian equity markets have shown resilience throughout most of 2024, overcoming various challenges such as persistent inflation, the weaker-than-expected second quarter of financial year 2025 earnings, the outcomes of the general elections, FII outflows, and geopolitical uncertainty. Sharing his take, Sarvjeet Singh Virk, Co-founder and MD of Shoonya by Finvasia, told ABP Live, “Despite facing selling pressure towards the …

Stock market crash: Nifty down 9% from peak; PL expects moderate returns from Indian stock market
4 days, 19 hours ago

Stock market crash: Nifty down 9% from peak; PL expects moderate returns from Indian stock market

Live Mint  

Stock Market Crash: Indian equity markets faced a sharp correction on Thursday, December 19, with key indices losing over 1 per cent after the US Federal Reserve’s outlook for 2025 rate cuts disappointed investors. Key Market Trends The report identified a uniform decline in investment styles over the past three months, with low volatility and momentum factors each dropping by …

2024 market recap: Domestic Investors’ optimism drives D-Street higher; mid and small-caps lead
Trending News
1 week ago

2024 market recap: Domestic Investors’ optimism drives D-Street higher; mid and small-caps lead

Live Mint  

As 2024 draws to a close, the broad market has delivered a respectable 20% return. India's corporate earnings growth was 25% YoY in December 2023, and this trend continued into March 2024, albeit at a slower QoQ pace, but sufficient to sustain the market rally. However, the trend shifted by the end of September as corporate earnings, which had begun …

Expert Speak: Expect earnings growth at 16%-18% in FY26, stay invested, suggests Gopinath Natarajan of Geojit
2 weeks, 4 days ago

Expert Speak: Expect earnings growth at 16%-18% in FY26, stay invested, suggests Gopinath Natarajan of Geojit

Live Mint  

Expert Speak: In a recent conversation with Mint, Gopinath Natarajan, CEO Asset Management at Geojit Financial Services, discussed the challenges of predicting when foreign portfolio investors will resume buying. He noted that with India's increasing share in emerging market indices and the recent correction making Indian markets more attractive, he believes India will continue to be a key focus for …

Q2 GDP slowdown: What it means for stock market investors
3 weeks, 1 day ago

Q2 GDP slowdown: What it means for stock market investors

India Today  

India’s economy hit a speed bump in Q2 FY25, with GDP growth slowing to 5.4%—the weakest in seven quarters. For stock market investors already navigating weak corporate earnings and persistent foreign outflows, this slowdown adds to the challenges on Dalal Street. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, "The Q2 GDP shocker of 5.4% will weigh on …

Market shrugs off concerns over weak growth numbers, Trump tariff threat
3 weeks, 1 day ago

Market shrugs off concerns over weak growth numbers, Trump tariff threat

New Indian Express  

Contrary to expectations that India’s equity market would react negatively to weak gross domestic product growth numbers, key benchmark indices—BSE Sensex and NSE Nifty 50—surged by over 0.50% each on Monday. Investors reaped significant gains as the market capitalisation of BSE-listed companies increased by ₹3.25 lakh crore, rising from ₹446.47 lakh crore in the previous session to ₹449.72 lakh crore. …

Indian stock markets get a band-aid, but chronic pain remains
4 weeks ago

Indian stock markets get a band-aid, but chronic pain remains

Live Mint  

The thumping victory of the Bharatiya Janata Party and its allies in Maharashtra assembly election means political stability with more synchronization of economic policies between the Centre and the state. Foreign portfolio investors have been on a selling spree, offloading Indian stocks worth ₹21,840 crore in 2024 so far, showed NSDL data. Profit after tax growth for BSE500 companies slipped …

Beware! These six headwinds may spoil the current Indian stock market rally
4 weeks ago

Beware! These six headwinds may spoil the current Indian stock market rally

Live Mint  

Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Inflation concern on soaring oil prices Oil prices remained near two-week highs on Monday after a 6 per cent surge last week, fueled by escalating geopolitical tensions, which raised concerns about potential supply disruptions. Strengthening US dollar Donald Trump's victory …

Stock market strategy: Goldman Sachs sets 12-month Nifty 50 target at 27,000; overweight on autos, telecom, insurance
1 month ago

Stock market strategy: Goldman Sachs sets 12-month Nifty 50 target at 27,000; overweight on autos, telecom, insurance

Live Mint  

Indian equities are expected to remain resilient to global macroeconomic challenges such as a stronger US dollar, shallower easing in emerging markets, and potential US tariff hikes on China, according to Goldman Sachs’ latest report. Goldman Sachs projects India’s GDP growth to decelerate to 6.3% year-on-year in 2025, citing fiscal constraints and subdued credit growth. Stock Market Outlook Goldman Sachs …

Stock Market Today: Reliance, ICICI Bank, Infosys propel Sensex by 2,000 points; will the rally last?
1 month ago

Stock Market Today: Reliance, ICICI Bank, Infosys propel Sensex by 2,000 points; will the rally last?

Live Mint  

Stock market today: After declining by over half a per cent each in the previous session, Indian stock market benchmarks—the Sensex and the Nifty 50—rebounded smartly with gains of over 2 per cent on Friday, November 22, on gains led by Reliance, Infosys, ICICI Bank and TCS. The market witnessed a broad-based buying interest as the BSE Midcap and BSE …

Indian stocks to stay flattish for 3 months as earnings, valuations weigh, says Goldman
1 month ago

Indian stocks to stay flattish for 3 months as earnings, valuations weigh, says Goldman

Live Mint  

Nov 21 - Indian equities are likely to remain rangebound over the next three months, following their recent slide into correction territory after the worst earnings season in four years and nursing still-high valuations, Goldman Sachs said. The Wall Street brokerage, which remains tactically "marketweight" on Indian equities, expects the benchmark Nifty 50 to hit 24,000 points in the next …

India Inc's Q2 has been tepid. Is a recovery in sight?
1 month ago

India Inc's Q2 has been tepid. Is a recovery in sight?

Live Mint  

India Inc. faced another challenging quarter in July-September as corporate earnings continued the recent trend of lukewarm performance. This was particularly evident in revenue growth, which hit a four-quarter low, dragging down net profit expansion for the fifth consecutive quarter, a Mint analysis showed. Costs surge An analysis of expense patterns shows that while aggregate spending held steady at 82% …

‘Indian Rupee could face further depreciation…’: RBI’s new challenge of a strengthening US dollar — expert advice
1 month ago

‘Indian Rupee could face further depreciation…’: RBI’s new challenge of a strengthening US dollar — expert advice

Live Mint  

Q2 results have nearly come to an end. The Nifty50’s PAT was forecasted to grow by 8.4% YoY, but the current actual growth is around 6.6%, with three company results to be released as on 13th Nov. Revenue growth was modest at 2.8% YoY, falling short of the 4.2% forecast and significantly lower than the 7.6% YoY growth observed in …

It takes corporate earnings, not crowds, to sustain a stock market boom
1 month, 1 week ago

It takes corporate earnings, not crowds, to sustain a stock market boom

Live Mint  

The Indian stock market has been in the global spotlight for what The Economist has called the “largest-ever experiment in participatory capitalism." As share indices hit one peak after another over the past five years, attracting retail interest, India’s investor base has grown explosively. Likewise, a large chunk of the 101.2 million mutual fund accounts linked with Systematic Investment Plans, …

23 Nifty 50 stocks plunge up to 37% from one-year highs; IndusInd Bank, Tata Motors among the worst hit
1 month, 1 week ago

23 Nifty 50 stocks plunge up to 37% from one-year highs; IndusInd Bank, Tata Motors among the worst hit

Live Mint  

November has so far not offered any relief for Indian markets, as the selloff that began in October has persisted well into the current month. Additionally, foreign portfolio investors have been steadily pulling out of Indian markets since late September, which has put sustained pressure on the Indian rupee, driving it to new record lows. Recent reports indicate that Foreign …

Week Ahead: Inflation data, Q2 Results, FII outflow, global cues among key market triggers for Nifty, Sensex
1 month, 2 weeks ago

Week Ahead: Inflation data, Q2 Results, FII outflow, global cues among key market triggers for Nifty, Sensex

Live Mint  

The Indian stock market continued to consolidate for another week, losing over half a per cent, signalling the continuation of a corrective phase. In the second week of November, investors will closely monitor key market triggers, including the last set of July-September quarter results for fiscal 2024-25, Middle-East geopolitical tensions, foreign fund outflows, crude oil prices, global cues, domestic and …

Trump’s win spurs a rally in India, boosting investor wealth by ₹7.75 trillion. But will it have legs?
1 month, 2 weeks ago

Trump’s win spurs a rally in India, boosting investor wealth by ₹7.75 trillion. But will it have legs?

Live Mint  

Mumbai: Former US president Donald Trump’s return to the White House fuelled a market rally in India on Wednesday, propelled by technology stocks, riding hopes that his pro-business stance will spur spending and growth in the world’s largest economy. Experts say Trump is expected to cut corporate tax rates in his second term as US president next year, which could …

Can the Indian stock market bounce back in November or is the downward trend here to stay?
1 month, 2 weeks ago

Can the Indian stock market bounce back in November or is the downward trend here to stay?

Live Mint  

Indian stocks are currently experiencing one of the bleakest days in recent history, as a convergence of global and domestic factors continues to weigh heavily on investor sentiment, pushing the frontline indices to fresh monthly lows. In its interim review of the Q2 FY25 earnings season, Motilal Oswal reported that earnings growth among the 166 companies it monitors declined by …

Diwali Stock Market: A Dip to Consider for Long-Term Investors
1 month, 3 weeks ago

Diwali Stock Market: A Dip to Consider for Long-Term Investors

Live Mint  

The article highlights the long-term potential of India's stock market, with a focus on sectors like Financials, Pharmaceuticals, and Railways/Infrastructure. The article acknowledges the potential impact of the 2024 US presidential election on global capital flows, but emphasizes that India's strong macro growth story and attractive valuations remain favorable for long-term investors. The article recommends patient long-term investors to capitalize …

Economic Activity Index Shows Mixed Signals in Q2 2024-25
2 months ago

Economic Activity Index Shows Mixed Signals in Q2 2024-25

The Hindu  

India's GDP is projected to grow 6.8% in the second quarter of 2024-25, marginally higher than the 6.7% uptick in the first quarter. However, some high frequency indicators have shown a slackening of momentum in Q2, partly attributable to idiosyncratic factors like heavy rains and the Pitru Paksha festival. Despite these concerns, the Indian economy has exhibited marked resilience in …

India Economic Momentum Remains Intact, Set to Achieve 6.5-7% Growth: Finance Ministry Report
4 months ago

India Economic Momentum Remains Intact, Set to Achieve 6.5-7% Growth: Finance Ministry Report

News 18  

India’s economic momentum remains intact despite a somewhat erratic monsoon, and real GDP growth of 6.5-7 per cent projected in the Economic Survey seems appropriate, a finance ministry report said on Thursday. Goods and Services Tax collections in the first four months of FY25 underwent a level shift pushed up by the widening of the tax base and heightened economic …

Markets Ahead: Investors On Lookout For Q1 Earnings, Fed's Interest Rate Decision, Domestic PMI Data, Say Experts
4 months, 3 weeks ago

Markets Ahead: Investors On Lookout For Q1 Earnings, Fed's Interest Rate Decision, Domestic PMI Data, Say Experts

ABP News  

Current earnings season, interest rate decision from the US Federal Reserve, and trading activity of the foreign institutional investors is expected to leave a major impact in the stock market in the coming week. On the domestic front, Q1 earnings will remain a key trigger, with many large companies scheduled to report their results.” Notably, the US Federal Reserve is …

Stock market outlook: Expect no deep and prolonged correction; Nifty may see low-teen upside by March 2025: UBS
7 months, 1 week ago

Stock market outlook: Expect no deep and prolonged correction; Nifty may see low-teen upside by March 2025: UBS

Live Mint  

The Indian stock market is witnessing a sharp correction and the benchmark Nifty 50 index has dropped more than 4% from its record high level. Indian equities are likely to trade with a downward bias ahead of general elections results, but analysts do not expect a prolonged correction with the market expected to offer buy-on-dip opportunities. Premal Kamdar, Analyst at …

Global Trends, Currency Movements To Drive Markets, Say Analysts
10 months ago

Global Trends, Currency Movements To Drive Markets, Say Analysts

ABP News  

Global factors will majorly drive the Indian stock markets this week, as the earnings season ends, analysts stated. Market sentiment would be dominated by crude oil prices, movement in the Indian rupee, and the meeting minutes from the US Federal Reserve scheduled to be released in the week, the experts said. Commenting on the stock market behaviour last week, Ajit …

Sensex rises 56.3 points, Nifty gains 14.2 points in early trade
1 year, 2 months ago

Sensex rises 56.3 points, Nifty gains 14.2 points in early trade

India TV News  

In the early hours of trading today, the Indian stock market exhibited a positive trend, with the Sensex and Nifty recording gains as investors displayed confidence in select stocks. The early uptick in the Indian stock market can be attributed to a variety of factors, including the anticipation of robust quarterly earnings results from key corporations. In addition to domestic …

Q1 Results Review: Earnings growth continues even as revenue slows
1 year, 4 months ago

Q1 Results Review: Earnings growth continues even as revenue slows

Live Mint  

Q1 Results Review: The corporate earnings for the first quarter of FY24 were strong and largely in-line with the street estimates with domestic cyclical sectors such as companies in BFSI and Automobile sectors driving the earnings growth. Among sectors, IT Services companies reported weak performance during the quarter with flattish median revenue growth QoQ in CC, in an otherwise seasonally …

Indian pharma industry to hit $57 billion by FY25
1 year, 5 months ago

Indian pharma industry to hit $57 billion by FY25

Live Mint  

New Delhi: Domestic pharmaceutical industry will likely hit $57 billion by FY25, along with expansion in operating margins by 100-150 basis points, according to a report by CareEdge Ratings. During FY18 to FY23, the Indian pharmaceutical industry has logged a a compound annual growth rate of 6-8%, primarily driven by an 8% increase in exports and a 6% rise in …

Jefferies’ Christopher Wood explains why Indian stock markets are underperforming
1 year, 11 months ago

Jefferies’ Christopher Wood explains why Indian stock markets are underperforming

Live Mint  

High valuation and FII selling are some of the reasons for underperformance of Indian stock markets at the start of this year, according to Christopher Wood, the Global Head of Equity Strategy at Jefferies, though he remains positive on Indian equities. Though Indian domestic demand story remains rock solid, challenge for stock markets remains high valuations, writes Christopher Wood in …

What’s eating into India Inc’s earnings
2 years, 3 months ago

What’s eating into India Inc’s earnings

Live Mint  

The June-quarter earnings season, which is nearly over, was a disappointment in several ways. The sequential growth momentum, a more useful metric due to the base effect, moderated to 2.1% from 9.4% due to weakening global demand, showed the analysis of 1,844 listed companies for which data is available. Global headwinds are likely to slow down the momentum even further …

Decoded | What's behind D-Street's stellar performance since 2020
3 years, 4 months ago

Decoded | What's behind D-Street's stellar performance since 2020

India Today  

Indian stock markets have been enjoying a stellar run since 2021 and are performing even better this year. Read | Sensex, Nifty at record high: How investors are benefiting from strong market rally So, how have the benchmark stock market indices performed so well despite the dismal state of economic recovery? Let’s find out: FACTORS BEHIND STELLAR RUN Since last …

India leads m-cap gains in top markets
3 years, 9 months ago

India leads m-cap gains in top markets

Live Mint  

Indian stocks gained the most among the world’s top 10 nations by market value this fiscal, underscoring the strength of the rally that remained unshaken by covid-induced turmoil and economic uncertainties. India’s aggregate market capitalization soared 88% in dollar terms this fiscal year, showed data from Bloomberg. Last fiscal year, India’s market capitalization plunged 31% as the nationwide lockdown wrecked …

The fear of flying at Mount 50K
3 years, 11 months ago

The fear of flying at Mount 50K

Live Mint  

For the past few days, the Sensex has been flirting with the landmark figure of 50,000. At 22 times FY22 earnings, valuations are well above the long-term average," said Sanjeev Prasad, chief executive officer, and co-head, Kotak Institutional Equities. The elevated valuations scenario is likely to continue till the time inflation starts rising in the US leading to the Fed …

Goldman Sachs upgrades Indian equities to overweight; sees 11% upside to Nifty
4 years, 1 month ago

Goldman Sachs upgrades Indian equities to overweight; sees 11% upside to Nifty

Live Mint  

MUMBAI: Goldman Sachs has raised Indian equities to overweight on hopes that earnings recovery will lead rally. As the economy recovers from the pandemic-induced contraction, Goldman Sachs expects corporate profits to rebound 27% next year and a further 21% in 2022, after an expected decline of 11% year-on-year this year. As domestic macro recovery is picking up, Goldman Sachs economists …

Markets at a seven-month high as macro data boosts optimism
4 years, 2 months ago

Markets at a seven-month high as macro data boosts optimism

Live Mint  

Indian markets rallied more than 1% to end at a seven-month high on Tuesday as expectations of better September quarter corporate earnings, improvement in domestic economic macro data, and a positive scenario in the global markets improved investor sentiment. Asian markets ended on a strong note after US President Donald Trump was discharged from hospital following treatment for covid-19, while …

India stock market investors should expect lower returns: Quantum
4 years, 2 months ago

India stock market investors should expect lower returns: Quantum

Live Mint  

India is likely to see a slower pace of economic growth over the next few years, which means stock investors should expect lower returns, according to analysts at asset manager Quantum Advisors Pvt. India’s $2 trillion stock market has rebounded more than 40% from a March bottom, joining a global rally in defiance of a bleak economic outlook. “India‟s golden …

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