Posts in category Economic Times
Q4 earnings: Domestic cyclicals in line or slightly better while defensives like IT & FMCG are underwhelming, says Vinod Karki (30-04-2024)
Vinod Karki, Equity Strategist at ICICI Securities, highlights market trends with a focus on domestic cyclicals, defensives, and FPI buying behavior. He anticipates a tapering down of earnings growth from a low base, emphasizing the importance of maintaining valuations in the market. Karki points out that DIIs and FIIs being an equal footing in terms of net buying is keeping our markets relatively expensive .
ETMarkets Smart Talk: History suggests that Indian markets have done well in the first year following election: Anshul Arzare (30-04-2024)
Anshul Arzare advises investors to focus on economic growth, fundamentals, and investor confidence, and not get swayed by short-term volatility. Indian markets show positive trends with rising domestic investments and GDP expected to grow at 7% in FY25. Arzare says: "Empirically research suggests that in the long-term, ‘buying the dip’ is a good strategy when stock market corrections are caused by sentimental or geopolitical concerns."
Crypto investment products saw outflows for a third consecutive week (30-04-2024)
Investors pulled $435 million from digital products in the week ended April 26, according to a report Monday from CoinShares Ltd. The Grayscale Bitcoin Trust accounted for much of that with $440 million in outflows, though that was lowest level for the largest crypto fund in nine weeks.
Asia’s first spot bitcoin, ether ETFs start trading in Hong Kong (30-04-2024)
Hong Kong's pioneering crypto ETFs on the city's bourse include six funds issued by three managers -- Bosera Funds, China Asset Management (Hong Kong) Limited and Harvest Global Investments.
Apple shares rise after Bernstein analyst takes bullish stance (30-04-2024)
Apple registered its biggest one-day percentage gain in more than two weeks after the upgrade, which marked the stock's first "buy" equivalent rating from Bernstein's Toni Sacconaghi since early 2018.