Posts in category Economic Times
Why investors are favouring FMCG stocks after elections (08-06-2024)
One key reason behind FMCG becoming a preferred choice in today’s time was this year’s general election. It was the most expensive affair with an estimated campaign cost incurred by political parties reaching a record Rs 1.35 lakh crore. A significant share of this pie moves into the pockets of rural India.
Canara Bank, Bandhan Bank among 10 lenders that saw decrease in NPAs in Q4 (08-06-2024)
Canara Bank, Punjab & Sind Bank, Bandhan Bank, are among top lenders that saw a decrease in NPA in Q4FY24.
Unlocking the power of passive value investing through Nifty 50 Value 20 Index (08-06-2024)
Investing can be done in many ways. One of the eminent investment philosophies that is used by investors is value investing. Value investing is an investment strategy where investors seek to buy stocks that they believe are undervalued by the market. These stocks are typically trading below their intrinsic value, which is determined by analysing the company's fundamentals, such as earnings, dividends, and growth potential.
F&O Talk| FIIs long-short ratio at oversold level, deploy Bull Call spread, says Chandan Taparia of Motilal Oswal (08-06-2024)
S&P BSE Sensex and Nifty50 rose to new highs, recovering from recent declines. Chandan Taparia from Motilal Oswal shared insights on market outlook.
Modi premium for Indian stocks gets a hard look after elections (08-06-2024)
With the leader now navigating coalition politics after a weaker-than-expected mandate in this week’s national election, the so-called Modi premium is under scrutiny. Investors are looking for proof that Modi can continue his reforms with the same vigor, while balancing the demands of alliance partners and avoiding populist measures to regain public support.
IPO Calendar: Ixigo’s Rs 740 cr issue, 4 listings on primary market radar next week (08-06-2024)
The IPO of Le Travenues Technology which operates the travel platform Ixigo is set to launch on June 10, along with Kronox Labs' debut. Analysts foresee a surge in IPO activity in the coming days.
JPMorgan, Citi scrap Fed rate-cut bets for July after jobs data (08-06-2024)
JPMorgan's chief US economist, Michael Feroli, stated in a report on Friday that "the recent momentum in job growth" indicates that the "broader" labor-market weakening, which the Fed mentioned could justify a rate cut, might take more than three months to materialize.
Foreign exchange reserves climb to record $651.5 billion (08-06-2024)
India's foreign exchange reserves reached a record $651.5 billion, showing resilience amid uncertain geopolitics. RBI Governor Shaktikanta Das is confident in meeting external financing needs. Services exports, driven by software, business services, and travel, rose 4.2% in Q4 FY24, with a significant boost from GCCs.
Wall St Week Ahead-Inflation, Fed meeting to give clues for US market direction (08-06-2024)
Political uncertainty may impact market stability. Early presidential debate raises concerns about 2024 election influence. Market attention shifts from economic data to political landscape.
11,000% rally! Smallcap multibagger stock turns Rs 10,000 to Rs 11 lakh in 10 years (08-06-2024)
Refex Industries, a manufacturer of refrigerant gases, witnessed a remarkable 11,000% stock rally in the last decade. Recent data shows a 33% rise in shares in the last six months and a 44% increase in the last year.