If the central banks act harshly now, the markets will crash and then rally. If they are hesitant, the pain will be prolonged, predicts Debashis Basu.
Normal monsoon makes FMCG, automobile and consumer durable companies optimistic about growth prospects
My expectation is for the present downturn to last for between one and three months, says the investment guru.
A recession is a decline in a country's gross domestic product (GDP) growth for two or more consecutive quarters of a year. A recession is also preceded by several quarters of slowing down.
The Bharatiya Janata Party-led state government is acquiring groundnut at Rs 4,500 per quintal; the market price is Rs 3,500 per quintal
Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015
The report said not only was the government's $500 billion infrastructure programme on the back burner, but the spread between private and public sector borrowing costs had widened, which is bad news for private investment spending. CLSA said tax revenues were crashing. It forecast that the public sector deficit, already 11 per cent of the GDP this fiscal year, would rise to 14 per cent in FY09/10.
The markets had been on an upward trajectory since August 2013.
Real reason for crashing gold prices is not Trump victory, says expert.
Billionaire Gautam Adani on Tuesday said China will feel increasingly isolated as rising nationalism, shift in supply chains and technology restrictions threaten the world's second-biggest economy. This is because globalisation, of which China was seen as the foremost champion, is at an inflection point. "It will look very different from what we had come to accept in a largely unipolar world," he said.
The Pharma sector has underperformed the market and their performances have not been that bad for them to lag behind. I guess they are catching up with other index stocks, says market expert Pranav Sanghavi.
The employee stock options, which lost its charm following the dot-com bust of late 90s and crashing markets, are regaining popularity with more and more companies using them to attract and retain talent, say industry insiders.
What should you do when the stock markets show no signs of stabilising and you lose money by the day?
The Securities Appellate Tribunal chief Justice Kumar Rajaratnam has resigned amid controversy over the UBS Securities case relating to the stock market crash last year.
Nifty ended down 31 points at 5,419. BSE market breadth was negative. Out of 3,008 stocks traded, 1,813 declined while 1,092 advanced.
An investor would be better off concentrating on the job on hand than to spend a lot of time towards investments
A sharp fall in the price of Bitcoin and other cryptocurrencies is another hard blow to the already sinking cryptocurrency market in India. Global and domestic prices have been on a downward trail since November last year when Bitcoin prices hit a peak of close to $68,000 in international markets. The recent past has seen a much sharper fall in the price of the leading cryptocurrency, Bitcoin.
In the future of work, companies will have to embrace terms like moonlighting, gig work, flexi work as 'on-demand talent in a Cloud' can be a reality, says Milind Lakkad, chief human resource officer of Tata Consultancy Services (TCS). In some form or the other, gig work, flexiworking - and even moonlighting - will have to be welcomed by companies, says Lakkad. As a first step towards embracing these, TCS is trying to bring all these opportunities for its own employees within the company.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. Finance Minister Nirmala Sitharaman's budget for FY23 announced a 30 per cent tax on any income from the transfer of virtual digital assets.
The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.
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.
Markets suffered after other Asian indices closed in the red, tracking record-breaking losses at the Wall Street overnight.
From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.
Gold prices hit one-month lows at the bullion market on Wednesday on sustained selling from stockists and investors in the backdrop of a crash in global market, while silver hit two-and-a-half-year low.
Government companies are always looked with a shadow of doubt. Although STC has been performing well. But with the current market scenario, investors are vary of touching scripts which are not frontline and not as liquid, says market expert Pranav Sanghavi.
Call it the "Nano effect" but less than a month after Tata Motors displayed its competitively-priced small car at the Delhi auto show, prices in the 1.3-million used-car market crashed 15 to 30 per cent, if not more.
Leading trade and industry chambers on Monday urged the investor community to remain calm and said the economic fundamentals were strong and the stock market crash was a "panic reaction".
History shows that the large caps stage a fast recovery, whereas penny stocks continue to languish in the aftermath of a market crash. For instance, 884 penny stocks (those trading below their paid-up value and comprising 31.5 per cent of all traded stocks) have not yet seen their highs of May 10, 2006.
Corrections are a part of the game and if you are a longer term investor and if you have spare cash I would use these large declines to pick up quality stocks, says market expert Pranav Sanghavi.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
What do you think of this sharp rise in Sensex? Was it too fast? Will the market crash as rapidly as it rose? Will the bull run sustain? What should you do now?
New Delhi's timing couldn't have been worse, both for India's fledgling electric vehicle (EV) sector and prospective electric bike buyers. It was hard to miss the perfect storm brewing for India's EV industry since early 2022. On one hand, you had several accidents involving battery fires that unnerved consumers; on the other, uncertainty had crept in over subsidies.
The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'