This is not the first time that China has extended a stimulus “carrot” to entice investors. Back then in Feb-March, China announced series of stimulus measures targeting property sector and infrastructure investments
Posts in category Economic Times
IT stocks hold the key to pushing Nifty over 50,000 (03-11-2024)
According to data from trade association NASSCOM, the sector’s revenue reached $254 billion in the year ending March 2024, with exports touching $200 billion. Management consulting company Gartner, meanwhile, forecasts that India’s IT spending will grow by 12.2% to reach $146 billion in 2024 and $203 billion by 2028.
Swiggy IPO: GMP at 5% in unlisted market 3 days ahead of issue opening (03-11-2024)
Swiggy is serving the IPO at a lower valuation of $11.3 billion as against its earlier target of around $15 billion. The valuations were reduced due to prevailing market volatility and the lacklustre debut of Hyundai India.
US election, Q2 earnings, Fed meet and 5 more factors to likely impact stock markets this week (03-11-2024)
“The domestic market showed positive reversal signs this week, aided by festive sentiment, steady institutional inflows, and declining oil prices,” said Vinod Nair, Head of Research at Geojit Financial Services. Market sentiment was also uplifted by easing geopolitical tensions and positive India-China relations.
Vijay Kedia on what to buy and avoid in Samvat 2081 (02-11-2024)
For 15 years they have not done anything. You just imagine even Hong Kong index was some 32,000 or 34,000 in 2008. It is still hovering around 22,000 or 20,000 or something and 14 years and we are I do not know eight times plus or nine times plus we do not know
Small and midcap stocks rally up to 44% in one week amid existing market weakness (02-11-2024)
Amid weak market sentiment, small and midcap stocks performed strongly, with WPIL Ltd shares climbing 44.16% in a week. Other notable gainers include Prudent Corporate Advisory Services, AMI Organics, and Syrma SGS Technology. Midcap stocks like Gillette India and Indian Bank also surged, reflecting robust growth in these segments.
Dalal Street Week Ahead: Nifty not out of the woods yet; any technical rebounds should be chased cautiously (02-11-2024)
The Nifty largely consolidated with a bearish undertone over the past five sessions, trading within a narrow range and ending the week with a modest gain. The index stayed below its crucial resistance points and saw increased volatility. Looking forward, careful approach is advised as technical rebounds are likely to face resistance.