Posts in category Economic Times
Raamdeo Agrawal’s advice to SIP investors amid market correction (05-06-2024)
Market loves myth, I mean myth of public sector company, myth of private sector company, I think that has to be broken down but markets works the way it works, I mean they love to put PSU as a separate category altogether and private sector as a separate category and that is how they pick stocks.
What should investors do with their portfolios now? Samir Arora answers (05-06-2024)
But the same government also on the margin may change a little, little bit as feedback from the fact that their results are disappointing. But beyond a little bit here or there, what exactly will change and also at the index level, instead of stock A, stock B will do well, that is how life is.
Stay patient; don’t dabble in risk right away: Maneesh Dangi (05-06-2024)
It is still likely that Modi would return, but the best case scenario for the market would be a Vajpayee like Modi versus one which continues to have animosity with state because that setup would be very-very bad for market.
Investors should start looking at value stocks with long-term perspective: Porinju Veliyath (05-06-2024)
We all were knowing, discussing in the last many-many months, we can just feel now it has come, whatever is the reason, so that correction is happening and I think it will be a healthy correction.
Use this adversity to buy high quality companies at discounts: Nilesh Shah (05-06-2024)
Well, what looks to essentially be the go-to market strategy, if I may use those words, would essentially to look at the defensives. Sectors which have had an extended period of underperformance, which is FMCG, rural plays, IT, pharma, these will emerge to be the risk off trades or will emerge to be the defensive plays and it is quite possible that you will see some kind of recalibration, tweaking of allocations, sectoral allocations and it is quite possible that you will see some money move from the favoured lot to basically this lot.
Dollar finds footing as traders turn to US services data (05-06-2024)
The dollar steadied as traders awaited an interest rate decision in Canada and U.S. services data. The yen received a boost after reports of potential bond buying cuts by the Bank of Japan, leading to a rise in the Swiss franc. Japanese real wages fell for the 25th straight month due to inflation outpacing pay rises.
Tokyo stocks open lower (05-06-2024)
Tokyo stocks opened lower on Wednesday, weighed down by a stronger yen against the dollar despite gains on Wall Street. The dollar fetched 155.35 yen in early Asian trade, up from 154.80 yen in New York, but still down from 155.91 yen in Tokyo late Tuesday.
India bankers predict IPO surge as election uncertainty lifts (05-06-2024)
India emerges as Asia's top market for share sales, especially IPOs, amidst election closure. Record-breaking deals worth $3.9 billion raised via IPOs this year, double from 2023. Major upcoming IPOs include Hyundai Motor Co.'s India unit. Investors eye rapid growth in India's economy.
Rs 31,09,459 crore m-cap loss! Correction the start of a stock picker’s market (05-06-2024)
Lower-than-expected BJP seats erase Nifty gains. Nifty falls by 5.93%, still trades expensively. India and Japan rally on economic growth and reforms. Overseas investors sell Indian shares, moving to cheaper markets like China.