All stories by Puneet Wadhwa
'India is more fortunate than other emerging markets'Rediff.com2 days ago
'It is less dependent on imported capital.'
Zomato IPO: What leading brokerages sayRediff.com13 Jul 2021
Zomato's initial public offer (IPO) is scheduled to open for subscription on July 14 and is priced between Rs 72 - 74 per share. At the upper end of the price band of the offering, the company aims to raise Rs 9,350 crore. Most analysts have given a 'subscribe' rating to the issue for listing gains.
Covid leaves Indian adults poorer by 6.1% in 2020: Credit SuisseRediff.com23 Jun 2021
Covid-19 pandemic that brought life to a near standstill in 2020 has left Indian adults poorer by 6.1 per cent in 2020, suggests the Credit Suisse Global Wealth Report 2021. Wealth per Indian adult in 2020, according to the report, dropped to $14,252 by 2020-end compared to pre-pandemic levels. On a cumulative basis, Credit Suisse estimates the drop in the wealth of Indian adults at $594 billion.
India Inc earns 72% of revenue from the domestic market: Morgan StanleyRediff.com16 Jun 2021
72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.
'Inflation is the biggest threat right now'Rediff.com15 Jun 2021
'For equities, inflation trending upwards but within the range of expectations can actually be a big positive as it helps earnings and may shift flows from bonds to equities.'
Despite near-term headwinds, analysts bullish on FMCG stocksRediff.com8 Jun 2021
Despite near-term headwinds of rising input costs and the possibility of lower demand for products as Covid dented rural & urban India, and impacts both production & consumption, analysts remain bullish on stocks of fast moving consumer goods (FMCG) companies and expect the index to relatively outperform its peers in the second half of fiscal 2021-22 (FY22). In the past one year, prices of key commodities such as groundnut oil, mustard oil, Vanaspati, soya oil, sunflower oil and palm oil have shot up in the range of 20 per cent to 60 per cent, data show. The FMCG sector macros in this backdrop, according to analysts, have further deteriorated because of weakness in consumer demand and likely margin pressure due to elevated crude oil, palm oil and global food prices.
Cryptocurrencies: 'Invest for long-term'Rediff.com3 Jun 2021
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
'Corporate earnings in June quarter can be weak'Rediff.com27 May 2021
'There is a weak link between the economy and the stock market.'
'Returns from stocks in next 1 year will be disappointing'Rediff.com20 May 2021
'If one believes that the Indian stock market will go up 70 per cent every year for the next 10 years, I wish you good luck!'
Morgan Stanley: 'We are overweight on Indian equities'Rediff.com19 May 2021
In a bull-case scenario it sees the Sensex at 61,000 levels, while it's bear case scenario pegs the Sensex at 41,000 levels by December 2021.
Markets in vulnerable zone, full-fledged bear phase less likely: AnalystsRediff.com12 May 2021
'In the short term, the markets may remain weak due to rising Covid cases'Rediff.com7 May 2021
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
Normal monsoon to boost stocks of agri-related companiesRediff.com27 Apr 2021
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.
UBS bets on EMs; India among most preferred destinationsRediff.com27 Apr 2021
Over the next three - six months, UBS believes earnings will be the main driver for EM equities outperformance.
'India remains investment destination'Rediff.com23 Apr 2021
'Rising Covid cases and localised lockdowns are being closely monitored.'
Oxygen diversion may not hurt industry just yetRediff.com22 Apr 2021
However, a prolonged and intense second wave that curtails oxygen supply to industries for a longer-than-expected period will exacerbate downside risk in affected sectors
Covid lockdowns to cost India $1.25 bn a week: BarclaysRediff.com13 Apr 2021
If the current restrictions remain in place until the end of May, we estimate that the cumulative loss of activity could amount to around $10.5 billion, or around 0.34 percentage point (pp) of annual nominal gross domestic product, say Barclays economists.
'Investors who feel nervous at higher valuations should not exit equities'Rediff.com6 Apr 2021
'They can shift to dynamic asset allocation funds to automatically rebalance their equity exposure.'
Jefferies' Chris Wood cuts back on India exposure over CovidRediff.com3 Apr 2021
However, despite Covid, Indian markets registered their best financial year performance in a decade, with the Sensex and Nifty50 rallying 68 per cent and 71 per cent, respectively, in FY21.
Analysts bullish on PSU stocks on divestment hopeRediff.com25 Mar 2021
The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.