Motilal Oswal of Motilal Oswal Financial Services tells Puneet Wadhwa why he thinks the current market levels will sustain.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Analysts said the demand recovery in two-wheeler and car segments was skewed towards the semi-urban and rural markets.
A nationwide and compulsory switch to BS-VI is due from April 1, 2020. Amid increase in input and other costs, companies had decided to increase the price of their vehicles from January 2020. This is expected to push sales of passenger vehicles by 2 to 4 per cent in December; reportedly, bookings are in that range.
Given the nature of the money stuck, investors are fast losing patience with the exchange.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
Move can also bring a huge change in the way business is done in India, where firms use multiple current accounts, often for even individual projects, making them difficult to monitor.
Experts said a future rate cut would depend on the inflation.
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
International brands such as Daikin, Hitachi and Samsung, which were largely present in the premium products range, are getting aggressive on expanding their mid-range portfolios to penetrate into smaller cities and towns. While competition isn't hurting Voltas just yet, which has managed to retain its market share at 24.4 per cent as of September 30 (Q2), the main question is whether the company can defend its market share without compromising on profitability.
Pradip Shah, managing director, IndOcean, feels that although gold has done reasonably well, it doesn't really create too much value in the long run.
Motilal Oswal Financial Services has posted a net profit of Rs 20.4 crore, a sharp drop of 62 per cent compared to the corresponding period of the previous year. The fall is attributed to the tough market conditions. Kochi-based Geojit Financial Services has posted profit after tax of Rs 38.63 crore after the company received Rs 40 crore as compensation from BNP Paribas for discontinuing the commodity business.
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Last fortnight, 206 companies from the BSE-500 hit 52-week lows as investors sold heavily in counters with dimmed prospects.
The test - called the Truenat Beta CoV test - effectively enables same-day testing, reporting, and patient isolation initiation.
The move is meant to curb or reverse the export of India's financial markets to overseas trading platforms.
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.
'The bull does not want to go in front of the crowd, so they put chillies on his private parts etc to make him enter the game arena.'
The turbulence witnessed by the stock market this year has adversely affected brokers but Motilal Oswal, Chairman and Managing Director, Motilal Oswal Financial Services says he is unruffled. "Revenues have been hit if you compare them on a quarterly basis. The earnings were exceptionally high during the last two quarters of 2007, as the benchmark indices rose more than 30 per cent during the period. Given the swift rise in share prices, this slowdown was expected."
VIX is meant to indicate investors' perception of the annual market volatility over the next 30 calendar days. The higher the value, the higher is the expected volatility and vice versa. VIX touched its historical peak of 85.13 on November 17, 2008, in the aftermath of the collapse of Lehman Brothers. In the past five years, it has stayed below 30.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Reliance Money has emerged as the top brokerage house in terms of online security and cost effectiveness, while Motilal Oswal leads as the most research driven stock trading platform, a survey says.
Overall, the domestic FMCG market bounced back to levels of 98 in June compared with 75 in May and 101 in March before the nationwide lockdown was announced. The pre-Covid March index for foods was 103, and for non-foods, it was 99.
Market sources said other brokerages are also looking to streamline their business models as market volatility, along with increasing competition, has taken a toll on earning yields.
The damage to Gujarati-owned property has forced Gujarat Chief Minister Narendra Modi to write to Prime Minister Manmohan Singh. He requested the prime minister to take up the issue with the Kenyan government and ensure safety of the Gujarati community there.
Shares list at 21% premium over offer price of Rs 825.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
Several carmakers, including car market leader Maruti Suzuki India pulled the plug on diesel models citing higher costs for BSVI variants leaving buyers with limited options.
Stronger rupee likely to take a toll; Infosys results on April 13 to be keenly watched
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
Pharmaceutical major Matrix Laboratories has emerged as the fastest wealth creator while state-owned Oil and Natural Gas Corporation
Sebi filed a criminal complaint against the brokers with the economic offences wing, which on Friday registered a case under the Forward Contract Regulation Act 1952.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
A joint venture of Synbiotics, a wholly owned subsidiary of Ambalal Sarabhai Enterprises (ASE), and CoDiagnostics, CoSara Diagnostics is the first and only Indian company so far to receive a licence from the Central Drugs Standard Control Organisation (CDSCO) to manufacture coronavirus diagnostic test kits.
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