Posts in category Economic Times
FIIs withdraw Rs 46,000 crore from financial stocks in 2024. Is RBI the deal-breaker? (09-05-2024)
After offloading financials worth over Rs 30,000 crore in January, nearly Rs 10,000 crore in February, FIIs were net buyers in the sector in March before pressing the sell button once again in April. Last month's selling was worth around Rs 9,300 crore.
ETMarkets Fund Manager Talk: Barring private banks, most sectors trading near full valuation: George Thomas, Quantum AMC (09-05-2024)
George Thomas, Equity Fund Manager at Quantum AMC, warns of full valuations in most sectors for FY25, emphasizing demand growth necessity. He advises on ideal asset allocation strategies for moderate risk profiles investing Rs 10 lakh for 10 years.
Expect IT, banking, and FMCG to do well in coming quarters: Nischal Maheshwari (09-05-2024)
Nischal Maheshwari discusses the positive outlook for private banks and key sectors like IT, banking, and FMCG. He also comments on Bharat Forge's success in defense investments and praises Hero MotoCorp's position in rural recovery and EV markets. Maheshwari also says that Hero is the best place to play the rural recovery game.
ETMarkets Smart Talk: Why Harshad Patil is positive on high quality smallcap businesses (09-05-2024)
Harshad Patil focuses on identifying small-cap businesses poised to benefit from manufacturing emphasis and formalization, delivering consistent earnings growth for long-term value creation. Tata AIA's diverse product range outperforms benchmarks, maximizing investor returns.
Any sharp correction for political reasons will be a good opportunity to add: Chandraprakash Padiyar (09-05-2024)
Chandraprakash Padiyar discusses market uncertainties due to high valuations despite positive business outlook. He highlights concerns over political changes impacting market reactions and discusses challenges in the specialty chemical industry due to Chinese competition. He also says near-term, the earnings look fairly decent from whichever portfolio companies have reported till date.
Grayscale’s application for ethereum futures ETF withdrawn (09-05-2024)
Crypto asset manager Grayscale Investments' proposal for an exchange-traded fund tied to ether futures was withdrawn last week, according to a Tuesday notice from the U.S. Securities and Exchange Commission.
Arm’s annual revenue forecast fails to impress investors; shares tumble (09-05-2024)
For the current fiscal first quarter, Arm forecast revenue in a range between $875 million and $925 million, with a midpoint of $900 million, compared with an average analyst estimate of $857.5 million, according to LSEG data.
Airbnb shares slide on lower revenue forecast despite a doubling of net income (09-05-2024)
Earnings growth was partly driven by a shift in the Easter holiday, which came during the first quarter this year versus the second quarter in 2023. Easter is a significant travel holiday.