Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
Though the markets have lost ground since the past few sessions, analysts do not seem worried.
A day after the Union Cabinet paved the way for the government reducing its stakes in Oil and Natural Gas Corporation (ONGC), Coal India Ltd (CIL) and NHPC, the shares of these companies fell 3.4-5.2 per cent on bourses.
The automobile segment is our preferred area, and old favourites such as Tata Motors, Bajaj and Maruti Suzuki continue to entice us.
However, it still lags far behind the US, which leads with a market-capitalisation of $23.9 trillion through August 2014.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
China's economy is in transition, with rising wage costs and massive overcapacity.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
Non-resident Indians (NRIs) are very positive about India
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
Auto firms are likely to perform better in coming months.
Dilip Bhat, joint managing director of the Prabhudas Lilladher group, a financial products agency, talks to Business Standard about the market rally ahead of the elections.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
FMCG stocks have underperformed the market, falling 2.2 per cent so far in 2014.
Of these, three stocks belong to the automobile pack and two are from the pharma.
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