Posts in category Economic Times
ETMarkets Smart Talk: Sensex@75K! BFSI, auto, healthcare looking attractive for FY25 asset allocation: Sahil Kapoor (11-04-2024)
Entering the new financial year, people might be more optimistic about equities as they had a good last year. For someone with a higher tolerance level, the ideal strategy would be to focus on multi-asset allocation funds.
Gold flat as sticky US inflation tempers hopes for early rate cut (11-04-2024)
U.S. consumer prices increased more than expected in March amid rises in the costs of gasoline and shelter, casting further doubt on whether the Federal Reserve will start cutting interest rates in June.
Oil consolidates gains amid concerns of worsening Middle East crisis (11-04-2024)
Brent crude futures advanced by 4 cents to $90.52 a barrel by 0047 GMT, while U.S. West Texas Intermediate crude futures were up 2 cents at $86.24 a barrel.
Dollar firms, yen skids as Fed cut wagers crumble (11-04-2024)
"Recent moves are rapid. We'd like to respond appropriately to excessive moves, without ruling out any options," Japan's top currency diplomat Masato Kanda said.
Bitcoin world faces ‘halving’: what’s happening? (11-04-2024)
Bitcoin miners, whose computer processors run the world's most popular virtual currency, will soon face the process of "halving" -- a quadrennial phenomenon which alters the profitability of the industry. Halving tends to send the virtual currency shooting higher on the prospect of reduced supply.
Wall St ends sharply lower as sticky inflation dims rate cut hopes (11-04-2024)
Minutes from the Fed's March policy meeting reflected concerns that inflation's progress toward that target might have stalled, and restrictive monetary policy may need to be maintained for longer than anticipated.
Knee-deep in smallcaps? It’s time you rebalanced your portfolio (11-04-2024)
Swarup Mohanty of Mirae Asset Global Investments advises rebalancing portfolios, predicting SIPs will reach Rs 25,000 per head per month by December 2024. Mohanty emphasizes the importance of investing in good companies and suggests a higher allocation to largecaps for portfolio stability. "if you have bought more of the smaller companies, it is time to rebalance," he says.
Gear up for a muted Q4; IT, pharma, metal may disappoint: S Krishnakumar (11-04-2024)
S Krishnakumar shares insights on market performance, cautioning on high valuations and potential earnings surprises in auto ancillaries. He highlights megatrends in renewables, e-commerce, and manufacturing, stressing the need for strategic investment timing. Krishnakumar further says that "opportunities are very rare to come by where there is a lot more comfort in valuation. This is a market which is well priced in ."
Metal stocks see big gains on US, China recovery prospects (11-04-2024)
Positive commentary and target price hikes from CLSA and Jefferies also buoyed the shares, helping the Nifty Metal index surpass the 9,000 mark to hit a lifetime high. The index ended at 8,999.60, up 1% over the previous trading session. Benchmark indices ended half a per cent higher each.