Nikita Vashisht

All stories by Nikita Vashisht

'Markets are conflicted on which way to move'

'Markets are conflicted on which way to move'

Rediff.com18 Nov 2022

'Calendar year 2023 is going to be big as pessimism takes a back seat.'

Which sectors to invest in? Read what experts say

Which sectors to invest in? Read what experts say

Rediff.com16 Sep 2022

After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.

Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?

Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?

Rediff.com16 Aug 2022

After new-age tech companies reported better-than-expected June quarter (Q1FY23) results, analysts said it will be a long road to recovery for their respective businesses and the stock prices. Moreover, brokerages differ on whether it is the right time to own these stocks. The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115, translating into an upside of around 9 - 109 per cent from the current levels. The company's gross order value (GOV) of food delivery jumped 10 per cent quarter-on-quarter (QoQ) and 42 per cent year-on-year (YoY) in Q1, aided largely by growth in volume, and mild growth in average order value (AOV) at 1-2 per cent. The company also broke even on an adjusted Ebitda basis during the quarter.

'2022 Is Year Of Investing In Markets'

'2022 Is Year Of Investing In Markets'

Rediff.com27 Jul 2022

'Our advice is to put money into equities now rather than staying away.'

What Accenture's Q3 means for Indian IT

What Accenture's Q3 means for Indian IT

Rediff.com4 Jul 2022

Despite a healthy March-May quarter (Q3FY22) show by global IT consulting firm Accenture, Indian IT companies shed up to 3 per cent on the National Stock Exchange (NSE) on Friday as analysts continued to highlight medium-term pain points for the sector. The Nifty IT index settled 0.9 per cent lower on Friday, as against a 0.9 per cent rise in the Nifty50 index. According to analysts at ICICI Securities, Accenture's Q3 saw moderation in year-on-year growth rate across verticals and US regions, which signals at likely normalisation in revenue momentum for Indian IT services going forward.

Analysts give thumbs-up to Tata Motors

Analysts give thumbs-up to Tata Motors

Rediff.com25 May 2022

'Favourable product mix, sales recovery, and cost saving initiatives are expected to support margins going ahead while focus on debt reduction (target of debt free by FY24) will aid balance sheet strength'

Explained: Why M&As are rising in India & how investors can benefit

Explained: Why M&As are rising in India & how investors can benefit

Rediff.com4 May 2022

Tesla Inc chief Elon Musk is set to acquire micro-blogging site Twitter for about $44 billion. Back home, India Inc, too, is seeing aggressive merger and acquisition (M&A) activity with PVR-Inox and HDFC-HDFC Bank announcing their mergers recently. While Axis Bank recently acquired Citi India's India retail business, reports suggest Larsen & Toubro Infotech (LTI) and Mindtree could be eyeing a merger.

HDFC - HDFC Bank merger: What's in store for the shareholders?

HDFC - HDFC Bank merger: What's in store for the shareholders?

Rediff.com12 Apr 2022

HDFC and HDFC Bank's merger - touted as India's biggest-ever corporate merger - pumped up shares of the two entities on the bourses. Shares of Housing Finance Development Corporation (HDFC) skyrocketed 9 per cent while those of HDFC Bank zoomed 10 per cent. In comparison, the benchmark S&P BSESensex and the Nifty50 indices settled 2.2 per cent higher on Monday.

'Auto is an extremely attractive contrarian bet'

'Auto is an extremely attractive contrarian bet'

Rediff.com21 Mar 2022

'Valuations are very attractive, and most companies are cash-rich with strong dividend yields.'

Why the Zomato stock is getting hammered on markets

Why the Zomato stock is getting hammered on markets

Rediff.com26 Jan 2022

Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.

'Markets should sustain at current levels'

'Markets should sustain at current levels'

Rediff.com11 Oct 2021

'Markets are factoring in a good show by India Inc in Q2.'

'Market rally more likely to sustain than come to grinding halt'

'Market rally more likely to sustain than come to grinding halt'

Rediff.com1 Oct 2021

'Private banks are well-placed to deliver good performance over the next six months.'

'Stay invested, buy quality stocks, exit weaker ones'

'Stay invested, buy quality stocks, exit weaker ones'

Rediff.com25 Aug 2021

'Stocks of weaker companies may see the correction continue, but the ones that are relatively bigger and stronger will see investor interest come back.'

'It will remain a stock pickers' market'

'It will remain a stock pickers' market'

Rediff.com2 Aug 2021

'At this moment, investors should look for relative value within sectors and clear visibility (third-wave-or-not) on earnings delivery.'

Plan to buy Rakesh Jhunjhunwala-backed Nazara Tech's shares?

Plan to buy Rakesh Jhunjhunwala-backed Nazara Tech's shares?

Rediff.com17 Mar 2021

Rakesh Jhunjhunwala-backed Nazara Technologies is all set to hit the primary market with its Rs 583-crore IPO on Wednesday. The diversified and online gaming firm's three-day issue will run through March 17-19 and will be entirely an offer for sale (OFS). While 5.29 million equity shares will be offloaded via OFS by some of the shareholders, Rakesh Jhunjhunwala, who owns 3.29 million shares or 11.51 per cent stake in the company as of September 30, 2020, has decided to hold on to his stake. The issue has a price band of Rs 1,100-1,101 and will be available in lots of 13 shares and multiples thereof.

Borrowers spoilt for choice as banks cut loan rates

Borrowers spoilt for choice as banks cut loan rates

Rediff.com4 Mar 2021

Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts.

Airlines may not benefit much from airfare hike. Here's why

Airlines may not benefit much from airfare hike. Here's why

Rediff.com13 Feb 2021

'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.

Why rally in RIL stock may not be over just yet

Why rally in RIL stock may not be over just yet

Rediff.com17 Jun 2020

Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.

Second wave of NPAs? SBI, BoB, YES Bank could be hit

Second wave of NPAs? SBI, BoB, YES Bank could be hit

Rediff.com1 Oct 2019

YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to "high risk" emanating from ADAG, Cox & Kings, CG Power, DHFL and Essar Shipping.

More pain in store for the Indian economy, says Goldman Sachs

More pain in store for the Indian economy, says Goldman Sachs

Rediff.com28 Aug 2019

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.