Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai.
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.
It is the fundamentals of companies that will drive stock performance.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
A fall presents an opportunity to buy rate-sensitive stocks.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
FY16 saw the highest number of new product launches in a year from Maruti
Analysts expect the indices to dip further if the global macros do not stabilise
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
Sensex,Nifty to remain under pressure through the week.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Long-term investors can stay put in the markets, but should brace for volatility
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher.
.jpg)
Close to 50 companies have announced stock splits this year so far, something experts say is typical in a bull phase.
Wonder why corporate India is showering dividends?
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
This analysis is based on the quarterly earnings for 724 companies.
Jindal's house was raided by the CBI on Tuesday.
It was a year of big gains for equity investors.
The rally in most of these stocks is partly attributed to impressive financial performance.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
Investors turn their attention to export-driven sectors.
Pharma shares extended losses after the government's ban on combination drugs.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
Tata Motors, Titan Company & Tata Steel come in at second, third & fourth slots.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
