Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
BSE PSU index rallies 10% in one month; nearly a third of the stocks on the index has gained 20% over the period
'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.
Going ahead, experts say, the fundraising trend in the primary market will depend on how the secondary market performs against the backdrop of the outcome of general elections and global cues.
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
The markets will be eyeing the amendments.
During the current financial year, 25 companies have raised Rs 28,220 crore through IPOs
Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x
A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.
With India's imports exceeding exports, weak rupee does more harm than good. Analysts, however, say that rupee depriciation is positive for export-oriented sectors such as IT services, pharmaceuticals, textiles and automobiles
Indians face COVID-19 with record debt, stalled income.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
So far in 2017, the Nifty has gone up by 22.4 per cent.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
Centre took Rs 1,002 bn from here in 2017-18, sharply up from Rs 904 bn a year before and Rs 123.6 bn in FY14
Analysts expect inflation to peak in the first half of 2016-17 and moderate, thereafter, on the back of positive impact of monsoons
With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand
'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'
The Indian rupee is down nearly 2 per cent against the US dollar since the beginning of January 2019. Experts attribute the Indian rupee's relatively poor performance to a sharper-than-expected fall in economic growth in India.
The country's top FMCG stocks, such as Hindustan Unilever, ITC, Nestl, Britannia, Godrej Consumer Products, and Dabur, among others, are currently trading at around 41x their trailing 12-month earnings, down from their peak P/E multiple of around 48x at the end of December 2018.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
Experts say going ahead data price will fall further due to competition
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
The bourse's valuations may get a boost, as it gets set for its OFS of about Rs 10,000 crore.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.
The Karnataka election is being seen as the semi-final to the 2019 general elections and appears to be heading towards a close fight
Most analysts as well as company executives say the rally in commodity prices is ill-timed coming just when firms were recovering from disruptions such as demonetisation & introduction of GST
The risk-reward ratio could turn adverse for foreign investors if corporate earnings disappoint by wide margins, or if crude oil prices spike in the international market, putting pressure on the rupee-dollar exchange rate.
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Close to 50 companies have announced stock splits this year so far, something experts say is typical in a bull phase.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
FY16 saw the highest number of new product launches in a year from Maruti
ICICI Bank was the top loser along with index heavyweights RIL, ITC and HDFC.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
Financial shares were among the top Sensex gainers along with auto and pharma shares.
