Posts in category Economic Times
Oil prices extend rally on potential U.S. crude purchase for reserve (11-06-2024)
Oil prices rose on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, supported by expectations of rising fuel demand this summer. Market focus is on the Fed's policy meeting and upcoming reports from OPEC and the International Energy Agency. Analysts expect Brent to rise to $86 a barrel in the third quarter.
India bond yields seen little changed ahead of inflation data, Fed meet (11-06-2024)
Indian government bond yields expected to remain stable as market watches inflation data in India and the U.S. and the Federal Reserve's monetary policy decision on Wednesday.
Ixigo public issue oversubscribed on opening day (11-06-2024)
Le Travenues Technology's IPO for online travel platform Ixigo was oversubscribed on the opening day, with bids for 85.5 million shares against 43.7 million available.
ARCs to see recoveries improve from stressed residential projects (11-06-2024)
ARC expected to see 5-7% increase in recovery rates of stressed residential projects. Recovery rates to reach 16-18% by March 2025 due to rising prices, demand, and investor interests.
India likely to cut interest rates ahead of US: Report (11-06-2024)
ICICI Securities Primary Dealership report suggests India may cut rates before the Federal Reserve, citing strong US employment data weakening the case for Fed easing.
Milind Karmarkar on two sectors that may outperform in Modi 3.0 (11-06-2024)
Power utilities have already done well and possibly they will continue to do well because there is growth in that sector. So, many of these companies are putting in new power plants and things like that. So, there is definitely growth in that sector.
Industry campaigns like ‘Mutual Funds Sahi Hai’ key to SIP growth: Sunil Subramaniam (11-06-2024)
I think it is still under-penetrated market. Equity penetration in India is still in the single digit. So, I think there is immense scope for this to grow.
SIP strategy best for current market conditions: Ajay Tyagi (11-06-2024)
The negative obviously is what the media has been discussing and debating, which is that it is never too easy to run a coalition government. There will be pulls and pressures from different parties. We will see how it plays out. The nucleus, which is the BJP, is certainly stronger than what many of the previous coalition governments have witnessed prior to 2014, so that is also incrementally positive.
Financial health of cement sector to be strong despite market challenges: Ravleen Sethi (11-06-2024)
Now, cement prices, yes, they have been under pressure and largely the price elusiveness what we believe is here to stay also in medium term.
Microlenders’ books up 24.5%, asset quality improves (11-06-2024)
The microfinance market expanded by a fourth in FY24 with improved asset quality, driven by better loan recovery. Data from the Microfinance Institutions Network (MFIN) shows a 24.5% growth in the gross loan portfolio to ₹4.34 lakh crore.