Expert view: Earnings may not recover anytime soon; green shoots emerging in IT, says Pramod Gubbi of Marcellus
1 month, 2 weeks ago

Expert view: Earnings may not recover anytime soon; green shoots emerging in IT, says Pramod Gubbi of Marcellus

Live Mint  

Expert view: Pramod Gubbi, co-founder of Marcellus Investment Managers, believes the Indian stock market has a lot of headwinds to deal with at the current juncture. In an interview with Mint, he said the Indian stock market's valuations remain elevated, and earnings may not recover anytime soon. On the other hand, if retail investors lose patience and domestic flows abate, we might see significant downsides, especially in small and mid-caps, which domestic flows have so far supported. As highlighted above, key risks from a fundamental perspective are earnings growth falling short of expectations embedded in lofty valuations, sustained strength in the US dollar resulting in continued FII selling, and potentially domestic investors losing their nerve, resulting in slowing domestic flows. Whilst long-term macroeconomic fundamentals remain strong, with fiscal consolidation, inflation somewhat benign, bank balance sheets strong, and corporate leverage low, there is clearly a cyclical slowdown driven by slowing public capex and slightly levered households, resulting in slowing consumption, especially middle-class consumption.

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Expert view: Market correction opens opportunities; focus on growth & valuations, says Equitree co-founder
1 week ago

Expert view: Market correction opens opportunities; focus on growth & valuations, says Equitree co-founder

Live Mint  

Expert view on markets: Pawan Bharaddia, co-founder and CIO of Equitree Capital, believes the recent correction in the Indian stock market has created several attractive opportunities with a favourable risk-reward ratio, making it appealing for bottom-up stock pickers. Despite this broad-based selloff, pockets of exuberance remain, particularly in sectors such as capital goods, renewable energy, and select consumer companies, where …

India Struggles to Shake Off Pessimism After $1.3 Trillion Rout
2 weeks, 1 day ago

India Struggles to Shake Off Pessimism After $1.3 Trillion Rout

Live Mint  

-- Global fund managers are in no rush to load up on Indian stocks even after an unprecedented losing streak has lowered equity valuations. “Global investors would need to see sustained evidence of economic recovery and corporate earnings growth,” said Anand Gupta, a portfolio manager at Allianz Global Investors in Singapore. The cohort sold 4.9 billion rupees this quarter, after …

Indian markets decline for 5 straight months: What should investors do next?
3 weeks ago

Indian markets decline for 5 straight months: What should investors do next?

Live Mint  

Indian stock markets have been on a persistent downtrend, marking five consecutive months of losses. The Nifty has shed nearly 15 per cent from its September 2024 highs, erasing 4,000 points amid continuous selling by foreign institutional investors. Here's what market experts suggest Focus on Resilient Stocks, Not Falling Prices Trivesh D, COO of Tradejini, noted that instead of chasing …

Indian stock market likely to bounce back in second half of 2025, predicts Emkay; lists top stocks to buy
1 month ago

Indian stock market likely to bounce back in second half of 2025, predicts Emkay; lists top stocks to buy

Live Mint  

Indian equity markets are expected to face near-term weakness and heightened volatility in the first quarter of 2025, but a recovery is anticipated in the second half of the year, according to Emkay Institutional Equities, a division of Emkay Global Financial Services. Corporate Earnings Outlook According to Emkay, the earnings downgrade cycle is nearing its end, with consensus Nifty estimates …

India Inc’s dull earnings outlook signals tougher times ahead for markets
1 month ago

India Inc’s dull earnings outlook signals tougher times ahead for markets

Live Mint  

If investors were hoping that corporate earnings would offer some support to Indian equity markets, they are in for a disappointment. Read this | What India Inc’s Q3 show reveals about the state of the economy In short, despite modest expectations, the Q3 earnings season was underwhelming, hurt by weak urban consumption and fading benefits from lower input costs. “Contrary …

India Inc sees worst quarter in 5 years: What it means for stock market?
1 month, 1 week ago

India Inc sees worst quarter in 5 years: What it means for stock market?

India Today  

The stock market has been volatile and has seen a downward trend, correcting nearly 12% from its all-time highs. One of the key reasons behind this stock market decline is the poor Q3 earnings of India Inc, which have affected investor sentiment. INDIA INC REPORTS WEAKEST EARNINGS IN YEARS The recently concluded Q3 earnings season has been the weakest for …

Earnings miss by Adani, Tata & other India Inc biggies sparks concerns over stock market outlook
1 month, 2 weeks ago

Earnings miss by Adani, Tata & other India Inc biggies sparks concerns over stock market outlook

Live Mint  

A deepening slowdown in corporate earnings is fueling fresh concern over India’s $4.1 trillion stock market, and threatening to undermine Prime Minister Narendra Modi’s latest efforts to revive growth. Citigroup Inc. and HSBC Holdings Plc are among banks that have cut profit forecasts as the latest earnings from some of India’s top firms, including Adani Enterprises Ltd. and Tata Motors …

Difficult to say Indian stock market has bottomed out; Budget may boost sentiment: Ajay Menon of Motilal Oswal
1 month, 3 weeks ago

Difficult to say Indian stock market has bottomed out; Budget may boost sentiment: Ajay Menon of Motilal Oswal

Live Mint  

Expert view: Ajay Menon, MD & CEO of Wealth Management, Motilal Oswal Financial Services Ltd., believes several key events will keep the market sentiment cautious in the near term, making it difficult to say if the Indian stock market has bottomed out. Hence, we anticipate that expected income tax reforms and increased infrastructure funding will likely boost market sentiment and …

India’s earnings growth mojo over emerging market peers is waning
2 months, 1 week ago

India’s earnings growth mojo over emerging market peers is waning

Live Mint  

For India Inc., the first half of FY25 presented significant challenges, as earnings growth momentum faced a combination of unfavourable factors. Read this | Tepid Q3 outlook spells more pain for India Inc. earnings As a result, India’s advantage of robust corporate profit growth compared to its emerging market peers has diminished. Shrinking margin tailwinds have triggered earnings per share …

The market in 2025 will be a story of two halves - challenges followed by opportunities, says Ashish Gupta of Axis MF
2 months, 1 week ago

The market in 2025 will be a story of two halves - challenges followed by opportunities, says Ashish Gupta of Axis MF

Live Mint  

Ashish Gupta, chief investment officer of Axis AMC, expects the stock markets in 2025 to be a story of two halves. By the second half, these headwinds should ease, with corporate India returning to double-digit earnings growth and presenting new opportunities, Gupta pointed out. India's GDP Another global factor to monitor is how China’s stimulus measures unfold. Better half If …

India’s $556 Billion Equity Rout Seen Worsening as Growth Cools
Trending News
2 months, 1 week ago

India’s $556 Billion Equity Rout Seen Worsening as Growth Cools

Live Mint  

Investors are expecting Indian stocks to post another quarter of losses as a slowdown in economic growth and sticky inflation hurt corporate earnings and foreign flows. READ: India’s Record-Breaking Stock Run Faces Bigger Hurdles in 2025 After hitting multiple new highs last year, India’s nearly $5 trillion equity market has come under pressure due to foreign outflows sparked by fears …

We expect the markets to stabilise as earnings recover, says Atul Singh of LGT Wealth India
2 months, 2 weeks ago

We expect the markets to stabilise as earnings recover, says Atul Singh of LGT Wealth India

Live Mint  

Atul Singh, CEO, LGT Wealth India talks about the shifts in investment strategies, the growing appeal of alternative investments, and the evolving landscape for global diversification. Edited excerpts: Can you start by telling us a bit about LGT Wealth India and your role there? Private equity, venture capital, and real estate-linked assets are gaining significant popularity. Over time, we've seen …

Weak earnings in near term won’t be a negative surprise for markets: Kotak Mahindra S'pore's Nitin Jain
2 months, 2 weeks ago

Weak earnings in near term won’t be a negative surprise for markets: Kotak Mahindra S'pore's Nitin Jain

Live Mint  

On the flip side, any positive trigger will be lapped up by investors and could result in sharp upside moves, said Jain, chief executive officer at the asset manager. Yes, there were some challenges on economic growth and earnings in the September quarter; and we also had large selling by foreign investors in the last quarter. So, it's going to …

Mint Quick Edit | Equity bounce: The market’s path ahead is hazy
2 months, 3 weeks ago

Mint Quick Edit | Equity bounce: The market’s path ahead is hazy

Live Mint  

India’s equity market has got off to a promising start in 2025, with the BSE Sensex rising 2.3% in just the first two sessions of the year. Given the market’s recent weakness, optimists hope that the slide in prices over the past quarter has bottomed out. Though that’s still off its monthly mop-up peak of ₹2.1 trillion, a respectable year-end …

Improved earnings of Indian corporates set to drive returns in 2025: Report
Trending News
2 months, 3 weeks ago

Improved earnings of Indian corporates set to drive returns in 2025: Report

Live Mint  

New Delhi, January 2 : Indian corporates are expected to witness an improved earnings in upcoming quarter which will drive in retuns in the new year, stated the Mirae Asset Mutual Funds stated in its Annual Market Outlook 2025 report. However, the report highlighted that despite higher valuations at the start of the year, equities did well with mid and …

Indian stock markets: Navigating bullish trends, valuation risks, and what’s next in 2025
Trending News
2 months, 3 weeks ago

Indian stock markets: Navigating bullish trends, valuation risks, and what’s next in 2025

Live Mint  

The Indian stock market witnessed an eventful 2024. Liquidity and risks The primary driver behind the bullish 2024 market was robust liquidity, fuelled by retail investors and high-net-worth individuals through direct investments, mutual funds, portfolio management services, and family offices. Read this | 2024: A year of IPO boom as retail interest zooms The Nifty’s price-to-earnings ratio, a key indicator …

Outlook 2025: Cautiously optimistic on India stock market, Nifty 50 valuations suggest modest upside, says Dhiraj Relli
2 months, 3 weeks ago

Outlook 2025: Cautiously optimistic on India stock market, Nifty 50 valuations suggest modest upside, says Dhiraj Relli

Live Mint  

The Indian stock market outlook for 2025 remains cautiously optimistic as the Nifty 50 valuations suggest modest upside potential, said Dhiraj Relli, MD & CEO at HDFC Securities. Foreign portfolio investors may find better return opportunities in other markets, particularly in light of the growth slowdown in India, which has reached a seven-quarter low. Currently, the Nifty 50 index is …

Market outlook 2025: Nifty 50 could correct another 5-10% in the first half, says Murthy of Vachana Investments
2 months, 3 weeks ago

Market outlook 2025: Nifty 50 could correct another 5-10% in the first half, says Murthy of Vachana Investments

Live Mint  

Investors hoping for a strong rebound in the Indian stock market in the near term may be in for a major shock. Recovery in the Indian market could start only in the second half of the calendar year 2025 with better earnings and valuation comfort, according to CA Rudra Murthy B.V., the founder director of Vachana Investments. Indian companies' earnings …

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

Earnings growth slowdown appears temporary, says Franklin Templeton's Hari Shyamsunder
3 months ago

Earnings growth slowdown appears temporary, says Franklin Templeton's Hari Shyamsunder

Live Mint  

Government capex would align with nominal GDP growth in times to come while private capex is expected to gather pace over the next three to five years, driven by higher capacity utilisation and an uptick in investments in emerging sectors such as renewables and electric vehicles, according to Hari Shyamsunder of Franklin Templeton. Looking ahead, the government capex is expected …

Stock market crash: Nifty down 9% from peak; PL expects moderate returns from Indian stock market
3 months 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
3 months, 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
3 months, 2 weeks 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 …

‘SIP flows healthy but investors more watchful after pullback’
3 months, 3 weeks ago

‘SIP flows healthy but investors more watchful after pullback’

Live Mint  

The recent market pullback, while not having impacted flows into mutual funds, has made investors watchful, according to Anthony Heredia, managing director and chief executive officer of Mahindra Manulife Mutual Fund. Yet, he says, there are expectations of improvement in GDP and corporate earnings in the second half of the current fiscal, driven by higher government spends and return of …

Street takes cheer from poll results, but will the gains sustain?
3 months, 3 weeks ago

Street takes cheer from poll results, but will the gains sustain?

Live Mint  

Benchmark indices extended Friday's gains to Monday, with the Nifty clocking the biggest two-day rise since early June. Foreign institutional investors net purchased Indian equities worth ₹9,948 crore, while domestic institutions net sold shares worth ₹6,908 crore. According to Nuvama Institutional Equities, India may witness about $2.5 billion net passive FII flows thanks to the MSCI rejig, including $1.9 billion …

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

Traders Mete Out Stiffer Penalty to India Firms Missing Earnings
4 months, 1 week ago

Traders Mete Out Stiffer Penalty to India Firms Missing Earnings

Live Mint  

-- India’s largest paint maker is the latest victim of nervous investors turning more unforgiving of stocks failing to meet their earnings expectations. The reaction highlights an emerging trend in India’s $4.6 trillion stock market, where investors are quick to aggressively punish companies whose earnings haven’t lived up to their elevated valuations. Bajaj Auto Ltd., IndusInd Bank Ltd. and Avenue …

Q2 Results: Jefferies’ Chris Wood flags steepest earnings downgrades for India Inc since 2020
Trending News
4 months, 1 week ago

Q2 Results: Jefferies’ Chris Wood flags steepest earnings downgrades for India Inc since 2020

Live Mint  

In a recent GREED & fear note, Christopher Wood of Jefferies reported that disappointing results from India Inc. in the July-September quarter prompted the steepest earnings downgrades since early 2020. Earnings Downgrades Amid Economic Challenges Jefferies slashed FY25 earnings per share estimates for 63 per cent of the 121 companies that reported September quarter results. Jefferies now projects that Nifty …

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

Indian Stock Market: A Glimpse into the Future
5 months ago

Indian Stock Market: A Glimpse into the Future

Live Mint  

The Indian stock market is expected to witness double-digit earnings growth over the next four to five years, with small-cap earnings expected to grow even faster. However, short-term market volatility remains a concern due to factors such as increased fluctuations, foreign institutional investor (FII) selling, and geopolitical events. Despite these challenges, the strong corporate fundamentals and robust external balances provide …

Stock prices could slide but don’t expect it to happen one fine day
6 months, 3 weeks ago

Stock prices could slide but don’t expect it to happen one fine day

Live Mint  

Individual investors in India have taken to the stock market like never before. Now, if one were to plot this increase in unique investors against the NSE 500 index, one would see a strong correlation: as the stock market has gone from strength to strength, it has attracted newer investors. As new investors have bought stocks, the stock market has …

Stock market outlook: Expect no deep and prolonged correction; Nifty may see low-teen upside by March 2025: UBS
10 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 …

Stretched valuations could weigh on Indian stock market returns in 2024: CLSA
1 year, 2 months ago

Stretched valuations could weigh on Indian stock market returns in 2024: CLSA

Live Mint  

The valuations of the Indian stock market seem not only stretched, but India has become the most expensive large market in the world, which may weigh on returns this year, cautions foreign brokerage firm CLSA. In a report, CLSA noted that Indian equities started 2024 amid extreme bullish sentiment, with top-decile valuations and a record discount to debt yields. The …

Earnings of India Inc have not disappointed
1 year, 9 months ago

Earnings of India Inc have not disappointed

Live Mint  

One worry that has troubled observers about Indian shares trading near their all-time peaks is that corporate earnings have seemed to lag. India Inc’s report card for the three months ended 31 March has been good, with financials and automobile sectors featuring among the top performers. Margins for banks have gone up thanks to increases in lending rates tracking the …

Jefferies’ Christopher Wood explains why Indian stock markets are underperforming
2 years, 2 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, 6 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 …

Is there any silver lining for the markets amid current turmoil?
2 years, 9 months ago

Is there any silver lining for the markets amid current turmoil?

Business Standard  

The BSE Sensex and the Nifty50 indices rose for the first time in seven days yesterday, as markets looked to stabilise after last week’s blow. According to Motilal Oswal Financial Services, the MSCI India index has gained 7% in the past year whereas the MSCI emerging market index has corrected 22%. Naveen Kulkarni, Chief Investment Officer, Axis Securities says DIIs …

Raghav's Take: Why Stocks Are at Lifetime Highs When Economy Is at Its Weakest?
3 years, 8 months ago

Raghav's Take: Why Stocks Are at Lifetime Highs When Economy Is at Its Weakest?

The Quint  

While there are and always will be several complex intersections to explain sky-high stock markets, I would zero in on a few critical and core factors. Indian stock markets, too, have been buoyed by this unrelenting inflow of dollars, shoving forex reserves to well above USD 600 billion. But India is also host to a unique and accelerating phenomenon that …

The fear of flying at Mount 50K
4 years, 2 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 …

RBI paper attributes equity returns in India to falling Equity Risk Premium
4 years, 5 months ago

RBI paper attributes equity returns in India to falling Equity Risk Premium

Live Mint  

Returns in Indian stocks over the past few years came from a fall in equity risk premium rather than earnings, a paper written by RBI officials from the Division of Financial Markets said on Monday. “Decomposition of changes in equity prices indicate that the rise in equity prices during 2016 to early 2020 was mainly supported by decrease in interest …

Market outlook: Large caps seen continuing their outperformance next year
5 years, 3 months ago

Market outlook: Large caps seen continuing their outperformance next year

Live Mint  

India’s largest stocks are likely to be winners again in 2020, after propelling the benchmark equity index to its fourth straight annual gain. “Investor focus is unlikely to shift soon from the few high-quality names which continue to steadily grow faster than the economy,” said Dipen Sheth, Mumbai-based head of institutional research at HDFC Securities Ltd. “The foreign flows, too, …

Why markets are rising in times of slowdown
5 years, 3 months ago

Why markets are rising in times of slowdown

Live Mint  

Investors in India’s equity markets are really forward looking. “The Indian stock market is already factoring in reasonable recovery in the economy and earnings,” analysts at Kotak Institutional Equities explained in a note to clients. Ltd echoed this view: “India’s equity markets appear sanguine that the worst has passed.” Simply put, the markets are up purely on the hope of …

Earnings in India won’t mark revival as slowdown hits demand
5 years, 5 months ago

Earnings in India won’t mark revival as slowdown hits demand

Live Mint  

Singapore: A slowdown in domestic growth and the lingering shadow banking crisis mean the September-quarter results season that kicks off Thursday will be similar to one seen over several quarters in recent years — tepid and patchy. “Overall, we expect a soft quarter and earnings revival could still take some time,” Edelweiss Securities Ltd. analysts Prateek Parekh and Padmavati Udecha …

Markets stare at a volatile 2019, political uncertainty key worry
6 years, 2 months ago

Markets stare at a volatile 2019, political uncertainty key worry

Live Mint  

Mumbai: Despite uncertainty through the year related to a host of factors, including valuations, earnings, interest rates and elections, Indian markets have outperformed their global peers in 2018. Analysts expect political uncertainty to be a negative overhang in the first half of 2019 but said lower oil prices have created a positive environment that could help to correct macro imbalances, …

Street hoping too much from earnings
6 years, 2 months ago

Street hoping too much from earnings

Live Mint  

From the looks of it, the earnings growth outlook for Indian companies should be fairly subdued next year. “Consensus forecasts are calling for Nifty earnings growth of 13% in FY19 followed by a sharp pick up to over 20% growth in FY20, which could risk being too optimistic,” said Abhiram Eleswarapu, head of India equity research at BNP Paribas. In …

Despite global, macro worries, India’s valuation premium is highest this year
6 years, 8 months ago

Despite global, macro worries, India’s valuation premium is highest this year

Live Mint  

Global stock market sentiment has been hurt by the escalating trade conflict between the US and China. In India, rising crude oil prices, persistent selling by foreign investors and the depreciating rupee are other negative cues. Expectations of a much-awaited revival in India Inc’s earnings in the June quarter are driving domestic inflows. However, India’s RoE remains superior to most …

We’re cautiously optimistic that trade tensions will not boil over: Manpreet Singh Gill
6 years, 10 months ago

We’re cautiously optimistic that trade tensions will not boil over: Manpreet Singh Gill

Live Mint  

India’s economic and market indicators have improved from a year ago, and retail inflation has been contained. We expect Indian equities to perform in line with the broader Asian equities universe, but expect outperformance relative to emerging markets outside Asia. Relative to this backdrop, we expect Indian equities to perform in line with Asia ex-Japan equities because we believe many …

India valuations merely trimmed a bit after fall
7 years, 1 month ago

India valuations merely trimmed a bit after fall

Live Mint  

Following the fall in the markets last week, some of the froth in the valuations of Indian equities has come off. Domestic brokerage house Kotak Institutional Equities feels valuations are still not quite in the “buy” territory and going ahead, the quality of corporate earnings growth will be key. Even assuming no risks to the quantum of earnings growth over …

Markets likely to consolidate
13 years, 7 months ago

Markets likely to consolidate

Live Mint  

Despite the turmoil in the global stock markets, Indian stocks showed a lot of resilience and behaved maturely, proving wrong the old saying that “if the US sneezes, Indian bourses catch a cold”. Now, with sentiments remaining negative to the core, markets would look to global economic indicators with a pinch of optimism. In the US, after the better-than-expected retail …

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