Posts in category Economic Times
Betting on these 2 PSU banks; Godrej Properties can be a SIP candidate: Abhijit Chokshi (03-05-2024)
Abhijit Chokshi from Stockifi.in recommends Aarti Pharmaceuticals in midcaps for caffeine APIs. Also bullish on PSU banks like SBI, PNB, rural plays like Dabur, and sectors like power, ports, and shipping.
Q4 results today: Titan, Britannia, Adani Green among 49 companies to announce earnings on Friday (03-05-2024)
49 companies, including Titan and Adani Green, to reveal Q4 results. Titan foresees 18% revenue growth and 13% net profit rise. Watch out for updates from Britannia, MRF, Tata Tech, and other key players.
Looking to buy Kotak Bank on further dip; tough to justify PFC & REC valuations: Sandip Sabharwal (03-05-2024)
Sandip Sabharwal discusses various market aspects including Kotak Bank's potential amidst a correction, private banking preferences, power sector insights, CVs sector observations, and the situation with Godrej Properties. He also comments on recent earnings performances in the IT sector. Sabharwal says: "This correction in Kotak Bank could possibly take it to levels where it becomes a buy candidate sooner than later."
There will be two Fed rate cuts, in September and in Q4: Suresh Tantia, UBS (03-05-2024)
UBS's Suresh Tantia expects two rate cuts by the Fed in 2019, with a focus on the US 10-year bond yield falling below 4% by year-end. Favoring yen over Chinese yuan in the FX market amid predictions of rate cuts. Tantia says: " We do not think the story of the rate cuts have been delayed. It is going to happen sometime this year and our view is that most likely in the September meeting Fed will start to cut rates."
ETMarkets Smart Talk: FIIs remain underweight on India; 3 sectors that may make a comeback in 1-2 years: Ashutosh Bhargava (03-05-2024)
Ashutosh Bhargava says that it would be wrong to say election results will have no bearing on the market. The market is discounting continuity of the current regime and by no means is prepared for an alternative scenario. A low level of market volatility amidst ongoing pools reflects that. If consensus expectation turns out to be right and event risk is behind, one should expect return of FII flows.
At multi-year highs: IndiGo, 5 other stocks witness 5-year swing high breakout (03-05-2024)
This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.
Positive Breakout: APL Apollo & 3 other stocks cross above their 200 DMAs (03-05-2024)
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.