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Source: Live Mint The recent market correction has meant a reduction in the price-earnings premium of India over other emerging markets from around 20% levels to ~13-14%. The near- term trend of greater investor flows towards developed markets will keep the India premium in check, believes Suresh Soni, CEO, Baroda BNP Paribas MF. This notwithstanding…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. TCS: Tata Consultancy Services (TCS), India’s largest IT company, has announced its second-highest dividend for FY25, bringing the total declared for the year to ₹96 per share. This is the highest annual dividend declared by the company, apart…
Source: Live Mint Stock market outlook: Global brokerage house HSBC has downgraded Indian equities to ‘Neutral’ from ‘Overweight,’ signalling a tempered outlook for the market’s performance. The downgrade comes amid concerns over high valuations and slowing growth momentum, which HSBC believes will cap near-term market gains. The brokerage has also revised its Sensex target for…
Source: Live Mint Mumbai [India], : The domestic stock markets, in the upcoming week, will focus their attention on the earnings of companies, foreign portfolio investments data, a host of economic data, Fiscal Year GDP Growth, Index of Industrial Production , and other global cues, according to the market experts. The market participants will also…
Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
Source: Live Mint The Indian market is currently undergoing a corrective phase, impacted by the rise in the dollar index following Donald Trump’s victory in the 2024 US Presidential elections, along with continuous outflows from foreign investors and the Middle East crisis. While the last session was a positive one for the Indian markets after…
Source: Live Mint In its latest earnings review, Motilal Oswal Financial Services (MOSL) observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year (YoY) decline. Despite the subdued overall growth, the Nifty 50 index managed a 4 per cent YoY increase, surpassing MOSL’s estimate of 3…
Source: Live Mint Kalyan Jewellers Ltd., headquartered in Thrissur, Kerala, released its earnings report for the September quarter, revealing a decline in both net profit and profit margins year-on-year. The jewelry retailer reported a net profit of ₹130 crore, reflecting a 3.3 percent decrease from ₹134.8 crore in the corresponding period of the previous year….
Source: Live Mint Penny stock Mishtann Foods gained nearly 6 per cent in intra-day trading on Monday, October 28, following the company’s strong financial performance for the second quarter of FY25 (Q2FY25). The results, which highlighted substantial growth in both net profit and EBITDA, reflect Mishtann Foods’ position as a significant player in the Indian…
