PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, outlines an equity market strategy for retail investors.
International brands such as Daikin, Hitachi and Samsung, which were largely present in the premium products range, are getting aggressive on expanding their mid-range portfolios to penetrate into smaller cities and towns. While competition isn't hurting Voltas just yet, which has managed to retain its market share at 24.4 per cent as of September 30 (Q2), the main question is whether the company can defend its market share without compromising on profitability.
If the government had paid enough to begin with, or if it had made serious advance purchase commitments that allowed the vaccine producers to mobilise necessary investment, then it is possible to imagine more free or subsidised vaccines such as are available in developed economies, asserts Mihir S Sharma.
Dr Kanchan Sanyal, health and wellness advisor at Columbia Pacific Communities, a healthcare group, shares some crucial tips to stay safe.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
If you have an active trading account or have consumer loans or thinking of taking out a loan, consider investing in NBFCs, says Devangshu Datta
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
The test - called the Truenat Beta CoV test - effectively enables same-day testing, reporting, and patient isolation initiation.
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.
VIX is meant to indicate investors' perception of the annual market volatility over the next 30 calendar days. The higher the value, the higher is the expected volatility and vice versa. VIX touched its historical peak of 85.13 on November 17, 2008, in the aftermath of the collapse of Lehman Brothers. In the past five years, it has stayed below 30.
Overall, the domestic FMCG market bounced back to levels of 98 in June compared with 75 in May and 101 in March before the nationwide lockdown was announced. The pre-Covid March index for foods was 103, and for non-foods, it was 99.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
Several carmakers, including car market leader Maruti Suzuki India pulled the plug on diesel models citing higher costs for BSVI variants leaving buyers with limited options.
The move is meant to curb or reverse the export of India's financial markets to overseas trading platforms.
There is speculation that the Congress may bring Priyanka Gandhi, Jyotiraditya Scindia, Randeep Surjewala and RPN Singh, among others, to the upper house.
Market sources said other brokerages are also looking to streamline their business models as market volatility, along with increasing competition, has taken a toll on earning yields.
'Mamata will beat the living daylights out of BJP workers with the result that people who are not totally committed, they will promptly leave the party and go back to Trinamool.' 'Or when they find they cannot get what they came to the BJP for they will go back to Trinamool.'
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Immediately after Narendra Modi's swearing-in ceremony, former prime minister Manmohan Singh on Monday shifted to his retirement abode at Motilal Nehru Marg in the heart of the city after staying for 10 years at the official residence of prime minister at 7 Race Course Road.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Pradip Shah, managing director, IndOcean, feels that although gold has done reasonably well, it doesn't really create too much value in the long run.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.
Exporters say their capacity utilisation has reached almost 70 per cent and that big firms have brought it up to as high as 85 per cent.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
Motilal Oswal Financial Services has posted a net profit of Rs 20.4 crore, a sharp drop of 62 per cent compared to the corresponding period of the previous year. The fall is attributed to the tough market conditions. Kochi-based Geojit Financial Services has posted profit after tax of Rs 38.63 crore after the company received Rs 40 crore as compensation from BNP Paribas for discontinuing the commodity business.
'Sonia's term as Congress president -- which was 20 years -- was the longest in the party's history.' 'It will also go down as the period in which the Congress transformed in the way Indians viewed it,' says Aakar Patel.
A joint venture of Synbiotics, a wholly owned subsidiary of Ambalal Sarabhai Enterprises (ASE), and CoDiagnostics, CoSara Diagnostics is the first and only Indian company so far to receive a licence from the Central Drugs Standard Control Organisation (CDSCO) to manufacture coronavirus diagnostic test kits.
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones.
In the first case registered under the new beef ban law in Maharashtra, three persons have been booked for allegedly slaughtering calves in Malegaon town of the district and search is on to trace them.
In her message on the occasion of the 73rd Independence Day, she appealed to all to reinvigorate the principles of compassion, coexistence and inclusive development as the indelible features of polity, society and economy.
The leaders alleged that those who had no contribution in the freedom struggle wanted to spread fear 'in the name of nationalism', suppress the voice of people and were questioning the legacy of Congress.
As many as 31 air conditioners and 25 heaters were among a number of electrical appliances installed in the official bungalow of Sheila Dikshit in Delhi when she was chief minister.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
Sebi filed a criminal complaint against the brokers with the economic offences wing, which on Friday registered a case under the Forward Contract Regulation Act 1952.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.