Puneet Wadhwa

All stories by Puneet Wadhwa

'Nifty, Sensex don't indicate problems in economy'

'Nifty, Sensex don't indicate problems in economy'

Rediff.com6 Jan 2020

'So, what does one believe -- just 6 stocks that are pushing the indices higher or the 600 scrips that are reflecting economic pain?'

Fund mobilisation via QIPs in 2019 is the 2nd-highest in five years

Fund mobilisation via QIPs in 2019 is the 2nd-highest in five years

Rediff.com13 Nov 2019

In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route.

Why govt's Rs 25,000 cr realty push fails to enthuse most analysts

Why govt's Rs 25,000 cr realty push fails to enthuse most analysts

Rediff.com8 Nov 2019

A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.

Analysts give thumbs down to BSNL-MTNL meger

Analysts give thumbs down to BSNL-MTNL meger

Rediff.com24 Oct 2019

'The announcement has come too late. This should have been done years ago.'

As IPOs succeed, investors win big on primary market

As IPOs succeed, investors win big on primary market

Rediff.com15 Oct 2019

Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.

FPIs withdraw $3 billion in Q3, most in nearly three years

FPIs withdraw $3 billion in Q3, most in nearly three years

Rediff.com2 Oct 2019

Despite the 3 per cent gain in September 2019, the FPI sell-off during the quarter has seen the benchmark indices - the S&P BSE Sensex and the Nifty 50 register negative returns in Q3CY19.

Though slowly, tide is indeed turning for mid, small-caps

Though slowly, tide is indeed turning for mid, small-caps

Rediff.com13 Sep 2019

So far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.

At Rs 11,000 cr, July's FPI pullout highest in 9 months

At Rs 11,000 cr, July's FPI pullout highest in 9 months

Rediff.com1 Aug 2019

After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.

Nearly a quarter of listed stocks on the BSE trade below face value

Nearly a quarter of listed stocks on the BSE trade below face value

Rediff.com30 Jul 2019

Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.

Falling car sales reflects in Nifty Auto's 3-year low

Falling car sales reflects in Nifty Auto's 3-year low

Rediff.com20 Jul 2019

An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.

Mid- and small-cap stock indices not yet out of the woods

Mid- and small-cap stock indices not yet out of the woods

Rediff.com10 Jul 2019

The proposal to increase public float, hike income tax surcharge, move to tax share buybacks and lack of stimulus to shore up economic growth has hurt investor sentiment.

Residential property prices dip in Mumbai, Chennai and Kolkata in H1

Residential property prices dip in Mumbai, Chennai and Kolkata in H1

Rediff.com10 Jul 2019

Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.

Why not to expect a runaway pre-Budget market rally

Why not to expect a runaway pre-Budget market rally

Rediff.com11 Jun 2019

Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.

Dewan Housing crisis drags Jhunjhunwala down

Dewan Housing crisis drags Jhunjhunwala down

Rediff.com10 Jun 2019

The liquidity crisis at Dewan Housing Finance Corporation Limited (DHFL) has dented the fortunes of ace investor Rakesh Jhunjhunwala, who increased his stake in the troubled company in the March 2019 quarter (Q4FY19).

FPIs pumped in nearly $11 bn in equity markets till May

FPIs pumped in nearly $11 bn in equity markets till May

Rediff.com5 Jun 2019

Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.

Is it safe to invest in PSU stocks?

Is it safe to invest in PSU stocks?

Rediff.com21 May 2019

Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer

Oil can hit $100; poses biggest risk to Indian equities

Oil can hit $100; poses biggest risk to Indian equities

Rediff.com29 Apr 2019

The surge in oil prices has also affected the rupee, which hit a 6-week low of 70.25 on Friday against the dollar.

Primary market off to best start in 3 years

Primary market off to best start in 3 years

Rediff.com11 Apr 2019

Going ahead, experts say, the fundraising trend in the primary market will depend on how the secondary market performs against the backdrop of the outcome of general elections and global cues.

Economy-wise, Modi's re-election will be favourable: Marc Faber

Economy-wise, Modi's re-election will be favourable: Marc Faber

Rediff.com10 Apr 2019

With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.

'Both BJP and Congress are indulging in competitive populism to woo voters'

'Both BJP and Congress are indulging in competitive populism to woo voters'

Rediff.com9 Apr 2019

There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.

Stock markets in India are convinced of a Modi victory

Stock markets in India are convinced of a Modi victory

Rediff.com8 Mar 2019

Even though stocks may remain volatile in the run-up to the polls, as political parties stitch up alliances, the long-term trajectory for the markets remains bullish.

Anil Ambani's sinking wealth leaves lenders jittery

Anil Ambani's sinking wealth leaves lenders jittery

Rediff.com21 Feb 2019

While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.

More pain ahead for mid, small-cap indices

More pain ahead for mid, small-cap indices

Rediff.com30 Jan 2019

The underperformance comes amid liquidity concerns in the non-banking finance companies space and Essel Group default news.

Markets unlikely to see any pre-interim Budget rally

Markets unlikely to see any pre-interim Budget rally

Rediff.com25 Jan 2019

The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.

'Mid and small-caps will outperform in 2019'

'Mid and small-caps will outperform in 2019'

Rediff.com18 Jan 2019

'The probability of another negative year in 2019 is low.'

Special 26: These stocks outperformed markets for 5 years

Special 26: These stocks outperformed markets for 5 years

Rediff.com17 Jan 2019

Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.

Which stocks should you invest in this election season?

Which stocks should you invest in this election season?

Rediff.com16 Nov 2018

Analysts caution a non-BJP government is not an impossible scenario. In case of a Modi-led coalition, they advise investors to focus on discretionary consumption, select private banks and financials, RIL, housing, and IT.

'Comfort zone for the market will be 5-10% below current levels'

'Comfort zone for the market will be 5-10% below current levels'

Rediff.com14 Nov 2018

Mahesh Nandurkar, executive director and India Strategist at CLSA, talks to Puneet Wadhwa ahead of their 21st India Forum on his interpretation of how the markets have played out over the past few months, the road ahead, and his sector preferences in this backdrop.

Markets not yet factoring a major upset for BJP in upcoming state elections

Markets not yet factoring a major upset for BJP in upcoming state elections

Rediff.com9 Oct 2018

The polls are being viewed as a run-up to the general elections scheduled for May 2019 and will test the popularity of the government and its policies amid rising crude oil prices

Rate-sensitive stocks tank; experts say wait and ride out the storm

Rate-sensitive stocks tank; experts say wait and ride out the storm

Rediff.com5 Oct 2018

Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices

'Invest in mid-caps very selectively'

'Invest in mid-caps very selectively'

Rediff.com25 Sep 2018

Even as rising crude oil prices, trade war fears and a sliding rupee cast a shadow on market sentiment, Nischal Maheshwari, chief executive officer for institutional equities and advisory at Centrum Broking, tells Puneet Wadhwa that in the next one year, the outcome of the 2019 general election is a bigger challenge for the market.

DON'T rush to buy PSBs. Here's why

DON'T rush to buy PSBs. Here's why

Rediff.com19 Sep 2018

The recent three-bank merger seems to be grossly negative for Vijaya Bank and Bank of Baroda in the short term, as the negative net worth of Dena Bank will have to be absorbed by the merged entity

5 reasons why Goldman Sachs downgraded Indian equities

5 reasons why Goldman Sachs downgraded Indian equities

Rediff.com18 Sep 2018

Stretched valuations and slowdown in DII flows are some of the reasons why Goldman Sachs cut its India rating to 'market-weight'

'Stay away from large-caps': Mark Mobius to investors

'Stay away from large-caps': Mark Mobius to investors

Rediff.com14 Aug 2018

Mark Mobius, co-founder, Mobius Capital Partners, tells Puneet Wadhwa that investors should concentrate more on "value" rather than momentum, and on good small- and medium-sized companies rather than large-caps.

28 companies announce buyback plans worth Rs 21,300 crore

28 companies announce buyback plans worth Rs 21,300 crore

Rediff.com21 Jun 2018

While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers

The key risk for the Indian stock market

The key risk for the Indian stock market

Rediff.com19 Jun 2018

High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.

BSE Midcap index set for worst monthly fall in 18 months

BSE Midcap index set for worst monthly fall in 18 months

Rediff.com1 Jun 2018

The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%

Mid, small-caps outperform in four years of Narendra Modi government

Mid, small-caps outperform in four years of Narendra Modi government

Rediff.com25 May 2018

Analysts attribute this outperformance to the government's proactive economic reform measures

'Rising oil prices a key threat to Indian equities'

'Rising oil prices a key threat to Indian equities'

Rediff.com23 May 2018

Rising oil prices, sharp slowdown in mutual fund inflows and steep valuations remain the key risks for Indian investors going ahead.

'We expect high single digit returns from the market this year'

'We expect high single digit returns from the market this year'

Rediff.com8 May 2018

'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'

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