With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
For equity investors, the risk-to-reward ratio is worsening.
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.
Total income of Wipro was almost flat at Rs 15,571.4 crore at the end of the first quarter of 2020-21 compared to Rs 15,566.6 crore in the corresponding quarter of the fiscal year 2019-20.
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Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
Indian companies typically have higher return on equity.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
FIIs have offloaded stocks worth Rs 13,110 crore
This weakness is likely to continue in the near-term.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Many analysts find market expensive, even at current levels.
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Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
Corporate India at present is more indebted than all state govts put together.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
'It was because of the huge selloff in the Indian equities that the rupee fell so sharply against the dollar on Friday.'
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
Check out some of the stocks that will react on the basis of their numbers in the near term.
The ruling BJP losing Chhattisgarh, Madhya Pradesh and Rajasthan, or being able to retain power only in Chhattisgarh may result in a "sharp correction" in the indices
Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
In India, bond yields have fallen nearly 70 basis points in the last one year.
Lower IT exports will raise India's dependence on capital flows to fund imports.
This was even as the country's economy grew by 7.3%.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
Earnings spread for foreign investors down to 10-year low of 1.1 per cent, from 2 per cent at the beginning of the year and record high of nearly 5 per cent in 2013
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
Stock prices is due to valuation expansion
Axis Bank's acquisition of Citibank's consumer finance business for Rs 12,325 crore - the second biggest deal in the Indian banking sector - is seen as a good deal at a good price. The acquisition enables Axis Bank to close the gap with competition in some key segments such as credit cards. At the same time, there are some key issues that are crucial for the deal's success, apart from the fact that it will take some time for Axis to reap the full harvest of its investment.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
