The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.
Besides foreign flows, corporate earnings and US Federal Reserve chief Janet Yellen's testimony to the nation's legislature are also likely to impact investor sentiment.
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
This analysis is based on the quarterly earnings for 724 companies.
And why markets could give up 25 per cent of all these gains made since March 2020
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
Investors turn their attention to export-driven sectors.
Operational income not covering even their interest expenses, finds study; analysts say if economy turns around, new equity issuances an option
This weakness is likely to continue in the near-term.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Oil and gas sectot may not put up good numbers in Q4.
The sector is witnessing weak tendering.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
Government-owned companies are more generous in rewarding their shareholders with dividends.
With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
Indian market has been plagued by negative sentiment and triggers
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
FIIs have offloaded stocks worth Rs 13,110 crore
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
According to Rahul Rege, business head (retail) at Emkay Global Financial Services, it is difficult to track more than 10 stocks.
An analysis of year-wise movements of average global crude oil prices versus India's GDP reveals no inverse correlation, contrary to wide belief.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
The index is more expensive than it was at 2014-end or when it hit a life-time high in January.
Sales expansion also down 4.4%
Mid- and small-cap companies seem to have done better than top-tier companies
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher.
There, however, has been an improvement in operating margins.
Renault Kwid plays the reinvention game to suit changing customer behaviour
Through the past 12 months, the Bank Nifty has risen 55%
A large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
Lower IT exports will raise India's dependence on capital flows to fund imports.
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