'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'
'Stocks of weaker companies may see the correction continue, but the ones that are relatively bigger and stronger will see investor interest come back.'
Stocks mutual funds had invested in had risen almost to pre-pandemic levels in March.
The net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. The nine firms posted a 107.7 per cent jump in net profit at Rs 23,929 crore in April-September compared to the year-ago period. Net sales, on the other hand, were down 14 per cent to Rs 1.49 trillion in H1FY24, data collated by Business Standard showed.
Domestic institutional investors pumped Rs 2.3 trillion into equities during H1 CY24. Of this, mutual funds contributed 80%.
There cannot be value in every stock, whether large cap or otherwise. Thus buying a stock cheap does not always translate into value buying
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
Given the fragmented nature of the domestic cable TV market and the need for last-mile connectivity, RIL, said sources, would have to do more to achieve its target of reaching 20 million homes and 15 million business establishments with its broadband services across 1,600 towns in the next few years.
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
India on track to be third largest consumer economy by 2025.
India Inc has an impressive report card to show for the first quarter of this financial year.
The total value of holdings of domestic institutional investors as a percentage of the value of FII holdings has reached its highest level in four years.
'Market feels this Budget will promote all-round growth and that is what is giving it confidence.'
Analysts expect the indices to dip further if the global macros do not stabilise
'The market position from here on is expected to go up'.
'Policy was more in line with the expectations.'
Except for liquidity, which could act in favour or against the market in the short term, most market participants are bullish.
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.