India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.
'The probability of this being a suckers' rally, where all kinds of beaten down stocks have begun to rally sharply, should be a time to be cautious and circumspect.'
'BJP is cutting him down to size as he is trying to emerge a Hindutva national hero.'
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
The team, who became Force India in 2008 after Indian beer baron Vijay Mallya bought Spyker F1, were taken over in August by Canadian billionaire Lawrence Stroll after going into administration.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
All iconic and very rare to find now, they are still high in demand among the youth
'Internet, healthcare and life insurance are a few sectors which offer solid long-term decadal potential.'
Sports Ministry formally recognises yogasana as competitive sport.
In Bihar, where a bandh had been called, a railway station and a police vehicle were torched, an ambulance attacked and security personnel injured in stone-pelting incidents on the fourth consecutive day of the agitation, while protesters vandalised Ludhiana railway station in Punjab and blocked roads and rail tracks in West Bengal, Haryana, Rajasthan, Maharashtra, Odisha and Uttar Pradesh.
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
The coimbatore driver clinched the overall title in the Power MAI Challenge Rally in Chandigarh on Sunday.
Naren Kumar finished third behind Karandip Singh and Arjun Balu respectively in the Movva Rally de Bangalore but clinched the MAI Indian National Rally Championship.
In the process, the Coimbatore driver chalked up his sixth straight INRC victory.
There are overvaluation and excesses in many pockets of the market. This is most obvious in the IPO market, where loss-making companies have inflicted large losses on investors, observes Debashis Basu.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
Strong equity flows from domestic institutions, not foreign inflows, will be the real driver of the expected bull rally
The combination of sanctions, and low fuel prices is really hurting the Putin regime.
The cycle of violence resulting from the increasing criminalisation of politics cannot stop, will not stop, unless there is a wider political consensus against relying on criminal mafias for electoral purposes, argues Virendra Kapoor.
Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.
He and co-driver Kumar Ramaswamy of Team MRF finished over four minutes ahead of second-placed R Karthikeyan and co-driver G Satish.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
'The return of violence in Kashmir justifies government precautions, but risk has to be taken.' 'We need to act and ensure that risk is converted to gain through direct interaction with Kashmir's public,' says Lieutenant General Syed Ata Hasnain (retd).
In an apparent bid to offset BJP candidate Pragya Thakur's controversial statement against slain IPS officer Hemant Karkare, Modi heaped praises on Mumbai police.
The Sensex crossed the 20,000-mark on the back of aggressive buying by funds ahead of the US Federal Reserve meeting.
Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.
Skipper Sunil Chhetri made it a fairytale 100th international game with a double strike as India recorded a comprehensive 3-0 victory over Kenya
They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.
Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.
A top-three finish in Rallye de Goa should see him clinch MAI Indian National Rally Championship.\n\n
Brokers hope of a stable government after elections and signs of economy returning to growth path.
Sahara Force India enjoyed a double points finish at the 'home' British Grand Prix with Esteban Ocon and Sergio Perez finishing eight and ninth to collect six points for the team, in Silverstone, on Sunday.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
How has Raj Thackeray, who is as much a businessman as politician, been able to pull it off, when most Opposition politicians live in fear of IT and ED and CBI, asks Krishna Prasad after attending a Raj rally in Nashik.
Singh is being probed in an alleged extortion case and three men, allegedly his aides, have been already arrested for extortion.
Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.
'Rajinikanth has fans in every political party. They will not change their mind because the BJP prints posters of him with Modi.'
Mark Mobius, co-founder, Mobius Capital Partners, tells Puneet Wadhwa that investors should concentrate more on "value" rather than momentum, and on good small- and medium-sized companies rather than large-caps.
