Posts in category Economic Times
Bet on largecap, index stocks; try and take your portfolio to safer sectors: Dipan Mehta (19-06-2024)
The larger ones, the large banks, the large IT companies, the large pharma companies, they are still in that ballpark figure of 15 times to 30-35 times trailing 12-month price to earning multiple.
Consumer staple stocks will continue to underperform: Ridham Desai (19-06-2024)
When markets start behaving like a fixed deposit, you get a little worried. Every morning you come, it is up 0.5%, that is not how stock markets are supposed to be. So, one day we will arrive and the market will be down 2%.
ETMarkets Smart Talk: FMCG & IT stocks provide valuation comfort compared to historical valuations: Vipul Bhowar (19-06-2024)
Populist policies will likely take precedence to secure victory in a coalition setup. Key cabinet portfolios, particularly those related to finance, defence, and infrastructure, will be closely monitored.
If you are a good stock picker, you should be able to double your money every three years: Ramesh Damani (19-06-2024)
Ramesh Damani says he remains bullish and would remain invested. Damani says that even though he is not young anymore, he still feels young. So, he does not want to raise too much cash and remain fully exposed to Indian equities.
Playing contra? Why Atul Suri is not bullish on bank and IT stocks now (19-06-2024)
Atul Suri says the bull market is about those sectors and themes that did not do well for a decade. In this market most people are going to be in positions in private sector banks and largecap IT, but the bull market is happening somewhere else. The market is never about consensus.
Buying gold annually in order to diversify allocation of forex reserves: Shaktikanta Das (19-06-2024)
I think SEBI is engaged with that. So, let me not intrude into SEBI's territory and start talking about the stock markets. I think SEBI is fully seized of what is happening in the markets and we have our regular interactions with the SEBI as a part of the FSDC, the Financial Stability and Development Council, we have also a subcommittee which is chaired by the governor.
GIFT Nifty signals a positive start for D-Street. Here’s the trading setup for today’s session (19-06-2024)
Domestic markets continued to reach new record highs, building on gains made since the election results. "The market is also benefiting from positive trends in global markets, particularly in the US as it progresses steadily towards the presidential election in November. Volatility has decreased this month, supporting a short-term upward trend," explained Siddhartha Khemka, Head of Retail Research at Motilal Oswal.
Wall Street bankers beaten in ‘Smartest’ chess tournament (19-06-2024)
William Graif, a chess enthusiast, has competed in various countries and now focuses on teaching chess to children after participating in the World Corporate Chess Championship.
Crypto money is poised to sway US polls (19-06-2024)
Cryptocurrency executive Ryan Selkis, from Messari, spoke at an event celebrating Trump's NFTs, emphasizing the political influence of the 50 million U.S. crypto holders.
Fosun to pare stake in Gland Pharma (19-06-2024)
Shanghai-based Fosun Pharmaceutical Group, the promoter of Gland Pharma, plans to sell up to a 5% stake in the company through a block deal to raise ₹1,435 crore ($172 million). This follows a successful IPO in November 2020 and is managed by UBS, as per a BSE filing. The offer price of ₹1,750 per share represents a 4.