comparemela.com

Latest Breaking News On - Sanjeev prasad - Page 14 : comparemela.com

Indices Tank 1% After Fitch Spoils Mood on Street

Indian equities took a beating on Wednesday, tracking the risk-off sentiment in other global markets, after Fitch Ratings cut the sovereign credit rating of the US, the worlds largest economy, by one level from the highest AAA to AA+.

FPIs: FPIs may wait for some steam to blow off a red-hot Street

With the near-uninterrupted 17% rally from the 2023 lows in March taking domestic benchmark indices to record highs and pushing share valuations to elevated levels, there are concerns that the market may be overheated in the near term which could result in foreigners moderating their purchases of local stocks.

One-way street! As Nifty defies gravity, equity investors risk turbulence

While the headline valuation may not look very expensive, it could be misleading due to the large contribution of banks to overall profits of Nifty. A sectoral break-up of net profits of Nifty50 index across shows that the contribution of banks has gone up from 21% in 2022 to 27% in 2023.

eicher motors: Not much margin of safety in most stocks on a bottom-up basis: Sanjeev Prasad

eicher motors: Not much margin of safety in most stocks on a bottom-up basis: Sanjeev Prasad
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Analysts struggle to find investment-worthy themes in the current market

The sharp rally in the markets thus far in fiscal 2023-24 (FY24) has left analysts struggling to find investment-worthy themes. The S&P BSE Sensex has surged nearly 7 per cent thus far in FY24 and hit a fresh 52-week high of 63,601.71 levels on June 22, mostly led by foreign institutional (FII) flows. The Indian market has seen a broad rally in the past few months but headline indices have seen more modest performance. We are not very clear about the reasons for the rally and the divergent performance and struggle to find ideas in the consumption, investment and outsourcing sectors after the sharp run-up in several of our favored sectors and stocks in the past two months, wrote Sanjeev Prasad, co-head, Kotak Institutional Equities, in a recent co-authored note with Anindya Bhowmik and Sunita Baldawa.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.