The Reserve Bank of India is struggling with rate transmission due to the dominance of other money market segments over the interbank call money market. The primary means to pass on interest rate changes is seeing lower volumes. Most overnight funds are in the Treps market, reflecting a wider participation from financial players.
Posts in category Economic Times
Ahead of Market: 10 things that will decide D-Street action on Monday (27-10-2024)
The Nifty formed a long bearish candle, indicating ongoing pressure. A minor pullback or sideways consolidation may occur in the next one to two days. Support is at 24,100 and 24,000, while immediate resistance is at 24,450–500, with crucial resistance at 24,700–750. Open interest data shows the highest call OI at 24,400 and 24,300, with put OI at 24,200.
How to define and calculate Return on Assets (ROA) (27-10-2024)
Higher ROA indicates better asset efficiency and profitability, while lower ROA may signal underperformance or inefficient asset use
Sebi’s new framework on gold: Here are 5 things to know (27-10-2024)
Investments in gold can take various forms, including physical gold, Sovereign Gold Bonds, Gold ETFs, and the newly introduced Electronic Gold Receipts (EGRs). India’s annual gold demand is around 900–1,000 tonnes, but it lacks a liquid spot market for price discovery. SEBI’s new framework aims to enhance price discovery through the proposed gold exchange, benefiting investors.
Selling continues in Nifty, oversold conditions may trigger a bounce (27-10-2024)
The Nifty index faced consistent selling pressure, closing lower and signaling a weakened structure. Currently below its ten-day low, it approaches the critical level of 24,000, where substantial put writers have positioned themselves. Despite oversold momentum indicators suggesting a potential rebound, strong resistance at 24,500–24,800 could limit upside, prompting cautious trading strategies in the upcoming week.
Market Trading Guide: BEL, Torrent Pharma among 5 stock recommendations for Monday (27-10-2024)
Torrent Pharma is trading around 3,432.85, maintaining its long-term uptrend and consolidating after a recent pullback.
Swiggy likely to launch high-profile IPO on November 6 (27-10-2024)
Swiggy’s IPO is anticipated to launch in the first week of November, aiming to raise approximately Rs 11,300 crore. The IPO is expected to open for subscription on November 6 and remain available for bidding until November 8, with exact dates to be confirmed this week. The offering includes an OFS of Rs 6,800 crore and a fresh equity issue of Rs 4,500 crore, positioning the IPO’s valuation at around $11.2 billion.
Diwali 2024 stock picks: Inox Wind, KPIT Tech, 7 more counters to buy for Samvat 2081 (27-10-2024)
Axis Securities has identified nine stocks for this Diwali that could deliver handsome returns for investors.
F&O Talk | Nifty eyes key support at 23,750; further fall may test 200 DEMA: Sudeep Shah of SBI Securities (27-10-2024)
The Nifty experienced its steepest weekly loss, closing at 24,181, as dominant selling pressure pushed it below key technical thresholds. With bears in control and FIIs offloading heavily, further volatility is expected. Key support and resistance levels are identified, alongside potential shorting opportunities in specific stocks.
Bharti Airtel Q2 Results Preview: PAT may zoom up to 254% YoY; 12% revenue uptick seen on higher ARPU (27-10-2024)
Bharti Airtel is projected to deliver strong Q2FY25 results, with triple-digit net profit growth YoY. PAT is estimated between Rs 4,570 crore and Rs 5,217 crore, reflecting a YoY increase of 103% to 254%. Revenue is expected to range from Rs 40,822 crore to Rs 41,591 crore, indicating a 10% to 12% YoY growth, supported by industry-leading ARPU and diverse business segments.