Are Indian Markets Overstretched?

The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21. Illustration: Dominic Xavier/Rediff.com   Indian......

Are Markets In An Oversold Zone?

'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.' Illustration: Uttam Ghosh/Rediff.com   Rising bond yields, driven by hawkish central bank policies and flaring......

Tailwind ahead for consumer durables sector during festival season

It’s all eyes on the consumer durables sector during the festival season after a weak Q1FY24 and Q2FY24 was impacted by an erratic monsoon. Photograph: PTI Photo from the Rediff Archives......

Unseasonal rains to impact performance of consumer durables in Q1

Unseasonal rains watered down the performance of consumer durables companies as temperatures cooled, impacting the sales of refrigerators and air conditioners (ACs) in the 2023-24 (FY24) April-June......