While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
A total of 49 companies raised Rs 81,615 crore in Samvat 2077, more than the preceding four years and almost double the amount raised in the previous year. Samvat 2078 appears even more promising with mega issues of Paytm and Life Insurance Corporation (LIC) of India. However, Paytm's record could be short-lived as state-owned LIC is planning to launch a Rs 1-trillion IPO by March 2022.
Analysts at Barclays pitched for a 0.25 per cent cut to generate demand advising the central bank to throw caution to the wind.
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
Brokerage Edelweiss Securities said if the NDA returns to power with a clear majority in line with exit polls, markets would rejoice the policy continuity.
It is the biggest issue we have ever faced in the securities market, where a sensitive and systemically important institution and first-line regulator was not only exploited by unscrupulous elements but functioned like a private fief, points out Debashis Basu.
Waves of foreign portfolio investments worth over Rs 51,000 crore splashed into the Indian market in 2021 as overseas investors turned net buyers of domestic securities for the third straight year while excess global liquidity and other factors steered the ebb and flow of their investing ways. With the global financial system still flush with liquidity, emerging market assets, especially equities, might well remain the preferred investment avenue for many more months to come, experts opined. As the equities sizzled during most of 2021, that also saw economy slowly coming back into the recovery path, Foreign Portfolio Investors (FPIs) turned net buyers but their investment is much less compared to net inflows of Rs 1.03 lakh crore in 2020.
Pessimism largely emanates from the fact that the volume outlook for FY20 isn't encouraging at the moment.
Foreign brokerage UBS has raised its end-2008 target for the Sensex from 19,000 to 22,600, saying that domestic economic growth, which is insulated from the global economic slowdown, will help companies to report a strong performance.
The benchmark indices have rallied 28 per cent this year, while the broader market has outperformed
Asset financing firms are still witnessing subdued demand and meaningful recovery is likely only in FY16, the report said.
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
Check out some of the stocks that will react on the basis of their numbers in the near term.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
'In the overall global portfolio, India's weighting has come down in the past seven months.'
The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
Citi, HSBC and UBS etc have already cut their market targets.
With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
The RBI is understood to be dithering since it would want more clarity on the cost of the fiscal policies the new government would undertake before it decides to cut rates, even though it has pencilled in a lower gross domestic product growth rate for this fiscal year.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit.
Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered for this exercise.
While sales momentum from rural areas may last another three to six months, sales growth in urban areas could stage a comeback by next year's June quarter as people learn to live with the coronavirus and economic activity gradually improves in the cities.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The weakness in the stock was because of inspections by the American drug regulator at its Halol plant in Gujarat which resulted in eight observations, as well as a downward revision of speciality drug payoffs.
Street may be ignoring TCS headwinds as the stock's peak valuation doesn't seem justified by BFSI weakness, likely higher US tax rates and stronger rupee, reports Ram Prasad Sahu.
Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".
The management, however, is a bit wary about near-term performance.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
The rupee appreciation will most likely lead to lower inflation and less ambiguity.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Inflation has seen some moderation in the recent past, falling from double-digit figures in 2013 to 7.8 per cent year-on-year in August.
JLR volumes could hit million units by 2019, stock trading at discount to other premium automakers
The report said inflation is expected to remain below 5 per cent over the two years.
