Technology companies outperformed expectations, achieving solid revenue growth while expressing cautious optimism for the coming quarters. The healthcare sector showed strong performance, with stable growth in domestic formulations. This earnings season has reinforced the importance of selectively positioning within growth-oriented sectors.
Posts in category Economic Times
IndusInd Bank, IDFC First Bank among 10 stocks that LIC bought in Q2 (09-11-2024)
In Q2 FY25, LIC made notable adjustments to its portfolio, adding key stocks like IndusInd Bank, Bank of Maharashtra, IDFC First Bank, Dalmia Bharat, and Cyient.
Are Q2 earnings downgrades already factored in? DSP Mutual Fund’s Abhishek Singh explains (09-11-2024)
“I’ve been cautious about valuations for some time. Revenue growth had been slowing for several quarters, and now even profits are lagging. I haven’t had to make major adjustments to my portfolio, as I’ve maintained a conservative stance.”
Swiggy IPO allotment expected soon. Check status, GMP, listing date and other details (09-11-2024)
Swiggy’s IPO share allotment is expected to be finalized later on Saturday. Shares will be allocated through a lottery system under the supervision of the registrar. On the allotment date, investors will learn the number of shares assigned to them relative to their bids.
IRCTC, CONCOR among 27 stocks with dividend, bonus, and split record dates next week. Do you own any? (09-11-2024)
Shareholders must purchase the stock at least one day before the ex-date to qualify for dividends, as settlement occurs the following day. Buyers on the ex-date are not eligible for dividends, splits, bonus issues, or similar benefits.
37 smallcap stocks offered double-digit weekly returns in bearish market (09-11-2024)
JSW Holdings led smallcaps with a 57% gain, followed by Avalon Technologies at 34% and ITI at 33.2%. Around 31 other stocks, including Innova Captab, Tilaknagar, NIIT, and CarTrade Tech, saw returns of 10-20% this week.
Dollar on track for weekly gain after Trump election win (09-11-2024)
The dollar strengthened against major currencies, heading for a weekly gain as investors assessed the potential impact of Donald Trump’s surprise election victory on the U.S. economy. While Trump’s policies are expected to boost growth and inflation, uncertainty remains over their implementation. Market volatility reflects this uncertainty as investors await policy details.
Asian markets struggle to maintain momentum after Fed cut (09-11-2024)
Asia’s markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record following the Federal Reserve’s interest rate cut, while they were also weighing the outlook with another Trump administration. On Wall Street, the S&P 500 and Nasdaq rallied again to hit fresh records, helped by strong performances by tech titans Apple, Google parent Alphabet and Facebook’s Meta.
Gold logs biggest weekly fall in over five months on dollar strength (09-11-2024)
Gold prices experienced their sharpest weekly decline in over five months, driven down by a stronger dollar and market reactions to Donald Trump’s election victory. Trump’s win raised questions about the pace of future U.S. interest rate cuts, impacting gold’s appeal as a safe-haven asset. Despite some buying in Asia, overall demand for physical gold weakened.
S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances (09-11-2024)
The S&P 500 briefly surpassed 6,000 points for the first time as investors celebrated Trump’s election victory and a likely Republican sweep in Congress. The markets soared this week, posting their best week in a year, fueled by expectations of business-friendly policies and a Fed rate cut.