So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
Bank shares were the top losers along with index heavyweight RIL
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.
Sensex rises, Nifty ends at record high; RIL shares rally.
Indian CEOs might like to make some serious course correction.
Titan was the top gainer in the Sensex pack, rising over 3 per cent, followed by M&M, Reliance Industries, Axis Bank, TCS, Maruti and Infosys. NSE Nifty surged 122.10 points to 15,885.15.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The $2.25-billion Godrej Group is considering leasing its flagship name to group companies for a royalty fee, a model similar to the one adopted by Tata Group, India's largest conglomerate.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
30 companies belonging to the Tata group are listed and have a combined market cap of 478,659 crore.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
She faced off against former disciple-turned-defector Suvendu Adhikari in a very different contest. It's not land acquisition, but an ego clash that has acquired, tragically, communal overtones, explains Kanika Datta.
In a letter to the Business School community on Wednesday, Nohria said he will step down from the position of dean of the Harvard Business School (HBS) on June 30, 2020, after a decade in the role.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While some companies used that to become world leaders, others squandered it by over-borrowing.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
TCS still ace in the pack
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
At current prices, the downstream petrochemical industry production is expected to increase from $15-$18 billion currently to $30-35 billion over the next 5-7 years.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The reasons may not appear compelling, but an alliance with Dow Chemical could help RIL. Here are the reasons.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
This will be the biggest outbound acquisition by India Inc this year.
Nandigram may have turned into a war zone once more but the industry feels that the issue is national. Despite the current crisis being a turf war between the political parties, the genesis of the issue is land acquisition for a chemical hub project. Harsh K Jha, president, Indian Chamber of Commerce and MD of Tata Metaliks, said Nandigram per se may be a state issue but it has affected the investment climate and land acquisition across the country.
Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.
Index heavyweights were the top losers along with bank shares.
Apart from such advisory, IT biggies such as TCS, Infosys and HCL Tech among others have been pursuing 'remote working' model to overcome the situation.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The Pune-based Rahul Bajaj group, thanks to an amazing stock market ride by Bajaj Finance and Bajaj Finserv, has grabbed third spot, pushing the Aditya Birla group down to fourth position.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.