Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
But trading through the route still a minuscule portion of total turnover
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
The bigger worry is that the miss for FY19 is likely to be significant even after assuming macro factors such as crude oil prices, rupee, input costs, and interest rates, do not worsen from the current levels, reports Vishal Chhabria.
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
The mid-cap universe - comprising firms that rank 101-250 in terms of m-cap - could see as many as 17 new stocks move out. Similarly, over half a dozen stocks could exit the large-cap universe, which is defined as the top 100 entities in terms of m-cap.
Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise
Infosys is likely to report strong revenue growth in the fourth quarter of FY19 on the back of momentum in the big deal space.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
India Inc will report good set of numbers in Q4.
Tata Steel and Tata Chemicals under investor watch
The nomination of cluster heads for defence, infrastructure and finance business is awaited.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
Market experts believe the retreat is because of uncertainty.
The scrutiny is expected to be over this month itself.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
SBI remains a favourite of most brokerages in the PSB segment.
But experts say downside limited, pockets of opportunities for investors
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.