Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
CLSA expects annual net inflows of $15 billion from domestic investors over the next few years in India.
The stock, which is a play on the growth story of Indian Railways, has corrected 15 per cent from its 52-week high level of Rs 2,072.95 scaled on March 9. Yet, this has not deterred brokerages from holding a bullish view on the stock.
Amid lowering of bank deposit rates and falling yields from traditional investment vehicles like gold and real estate, investors are fast shifting to financial assets. The MF sector is emerging a clear beneficiary of this trend.
Good sowing of kharif crops, better minimum support prices, and fewer Covid-19 cases (in villages) will help the rural growth story to continue, says Maruti.
Move 10 per cent of your portfolio to the yellow metal.
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
With fear of a slowdown looming, a steep fall in world's markets last week and the US being downgraded first the time in seven decades, domestic retail investors have made losses in their most-favoured schemes this year.
A key trigger for the increased retail participation in equities has been the lockdown triggered by Covid-19 that saw investors channelising their savings to capital markets in search of better return on their investments and the need to increase their disposable income.
'Rising Covid cases and localised lockdowns are being closely monitored.'
The largest targeted emerging market deal on record is Prudential's $35.5-billion bid for AIG's Asian insurance unit AIA Group Ltd.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
The market capitalisation of China, the world's second-largest economy, has topped $10 trillion for the first time.
After Maharashtra, analysts expect more states like Karnataka and Haryana to slash stamp duty rates. However, analysts, do caution that it's still a long road to recovery for the realty sector.
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.
Following the outbreak, Iran has stopped Indian basmati shipments. This has led to exports already falling 18-20 per cent this fiscal year. Iran and the rest of West Asia account for the largest imports of Indian basmati, and comprise more than 30 per cent of the shipments.
United Kingdom is the second most targeted nation for global M&A in 2009 YTD, with USD 56.3 billion via 806 deals, accounting for 6.3 per cent of global M&A activity, behind the United States which accounts for 36.8 per cent," according to deal tracking firm Dealogic. The global M&A deal tally has reached over $893 billion so far this year.
There has been a lull in the primary market scenario across the world, with the global IPO value registering a decline of 95 per cent at $1.6 billion so far this year.
In the past four months, $7.5 billion has flowed back into domestic stocks, helping the benchmark indices bounce back more than 40 per cent from their 2020 lows.
The total volume for investment grade loans, defined as those with high credit quality and low risk profile, has reached $128.3 billion since the beginning of this year -- the highest ever YTD volume -- with SBI Capital Markets emerging as ninth largest book-runner for such deals. With nine deals worth a total value of about $4.1 billion, SBI Cap is the only Indian entity in the top ten bookrunners for such loans in Asia-Pacific, excluding Japan, the data shows.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
The capital markets seem to have fallen off the government's agenda.
Some make for good investment ideas even after a strong run-up but others could see gains fizzling.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange
Market participants are now awaiting Thursday's meeting of the European Central Bank
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
There was net outflow of $7.2 billion from the Indian market in June of which $5.4 billion was from debt market triggered by global risk aversion and currency weakness, Deutsche Bank India Equity Strategy report said.
Bengaluru-based developers, such as Puravankara Limited and Sowparnika Projects, have witnessed over 85-90 per cent of their customers being first time buyers or end users.
Liquidity pushed benchmark indices 22% higher to become the best performing equity market globally
A rising rupee is a tailwind for dollar investors.
Market experts believe the retreat is because of uncertainty.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
FIIs hold as much as 27 per cent in the over $1.6 trillion Sensex market capitalisation as of the September quarter, which is at a historic high.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
Investors should avoid jumping from their current funds into those that have outperformed lately, advises Arnav Pandya, a certified financial planner.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
Weakness in Infosys, L&T and Hindalco cap index gains.
