Posts in category Economic Times
Govt to focus on capex & infra to propel next phase of growth: Indranil Sengupta (04-06-2024)
I would say that valuations that are concerned and whoever is getting into the market right now should also clearly take that into account. Because once you start losing the support of valuations, then obviously you are taking that much more of a risk. But then that said, I mean, a lot depends on where equity markets grow in the US because that clearly has a big impact globally.
Capital goods, utilities, infra & real estate sectors can see further re-rating: Mihir Vora (04-06-2024)
I think the more the uncertainty reduces, the higher the markets can go in terms of valuations and that applies to stocks specifically and that applies to the markets in general also.
Markets can gain another 10% by year end: Samir Arora (04-06-2024)
But the bottom line is that this is a big event and the FIIs who have been selling for the last few months are not going to sell like this anymore and therefore you will be in a sweet spot where domestic guys are buying and foreigners are trying to build back their positions.
Railway, power to remain mega themes for next decade: Gautam Duggad (04-06-2024)
Last two, two-and-a-half years we have been significantly overweight on PSU banks in our model portfolio. In fact if you look at our model portfolio, the highest overweight across sectors stands at PSU bank and that has worked very well for us.
Energy transition, electrification theme to provide big investment opportunity: Nirav Sheth (04-06-2024)
We need to look forward to the next big critical event which is budget and I believe that that will set the tone for what India needs to do for the next 5-10 years and I believe that you are likely to see a reasonable level of indirect reforms.
Asian shares retreat as investors question US economic strength (04-06-2024)
Asian share markets weakened as U.S. economy's 'exceptionalism' unravels with weakening manufacturing activity. MSCI's Asia-Pacific index down 0.1%. U.S. Treasury yields fall after weak manufacturing data. Westpac economist Coombs sees market pricing 40 basis points rate cuts by 2024.
Banks, infra stocks to lead Indian shares higher as vote count set to begin (04-06-2024)
Indian markets surge as exit polls predict a strong majority for the Bharatiya Janata Party-led National Democratic Alliance. Public sector enterprises, state-run banks, and infrastructure stocks record gains, with analysts projecting sustained rally and double-digit returns in equities.
India stocks perched at record highs as vote counting set to begin (04-06-2024)
India stock futures and rupee steady as votes in world's largest election to be counted. Prime Minister Modi expected to win third term, leading to market surge. NIFTY 50 index futures up 0.21% in early trade.
Tokyo stocks open lower (04-06-2024)
Tokyo stocks opened lower on Tuesday as a slightly higher yen and falls in the US Dow index weighed on the market. The benchmark Nikkei 225 index was down 0.45 percent, or 175.29 points, at 38,747.74 in early trade, while the broader Topix index was down 0.33 percent, or 9.33 points, at 2,788.74. kh/kaf/smw
Oil prices extend losses on worries of supply rising later in 2024 (04-06-2024)
Oil prices fell with Brent crude at $78.16 and U.S. West Texas Intermediate at $74.05. OPEC+ extended output cuts into 2025. GasBuddy data indicated a decline in U.S. gasoline prices.