All stories by Puneet Wadhwa
'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 yearsRediff.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 analystsRediff.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 megerRediff.com24 Oct 2019
'The announcement has come too late. This should have been done years ago.'
As IPOs succeed, investors win big on primary marketRediff.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 yearsRediff.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-capsRediff.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 monthsRediff.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 valueRediff.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 lowRediff.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 woodsRediff.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 H1Rediff.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 rallyRediff.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 downRediff.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 MayRediff.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?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 equitiesRediff.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 yearsRediff.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 FaberRediff.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'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 victoryRediff.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 jitteryRediff.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 indicesRediff.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 rallyRediff.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'Rediff.com18 Jan 2019
'The probability of another negative year in 2019 is low.'
Special 26: These stocks outperformed markets for 5 yearsRediff.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?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'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 electionsRediff.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 stormRediff.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'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 whyRediff.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 equitiesRediff.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 investorsRediff.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 croreRediff.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 marketRediff.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 monthsRediff.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 governmentRediff.com25 May 2018
Analysts attribute this outperformance to the government's proactive economic reform measures
'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'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.'