Latest Updates Around The World
Indian equity markets are likely to remain in a prolonged phase of consolidation, with limited upside potential in the near term, as valuations remain under pressure and earnings growth struggles to meet expectations, Ajay Srivastava, Managing Director at Dimensions Corporate, said in an interview with ET Now.Srivastava warned that the December quarter earnings season could […]
Even as equity markets consolidate from record highs, the medium-term outlook remains firmly positive on improving earnings momentum, stabilizing macro indicators and a strong recovery in consumption, says Vaibhav Sanghavi, CEO of ASK Hedge Solutions.Speaking to ET Now, Sanghavi said the recent market size may seem “slightly uncomfortable” but the underlying trends point to a […]
India’s benchmark Nifty has hit new all-time highs, but the broader market continues to underperform, with the Nifty Smallcap Index still 11% below its peak. According to Rupen Rajguru, Managing Director and Senior Advisor at Julius Baer, ​​this divergence signals an attractive time for investors to accumulate stocks as India’s earnings cycle prepares for a […]
Indian stock markets may be gearing up for their next phase of growth – and large caps could finally be in the driver’s seat. According to Deepak Shenoy, founder and CEO of Capitalmind Mutual Fund, early signs from the September quarter results point to resilience in the financial and auto sectors, with mid and small […]
Car sales in India fell for the fourth consecutive month in August, because car manufacturers regulated shipments to dealers prior to the announcement of the revised goods and service tax (GST) rates. A total of 321,840 vehicles were sent from factories to dealers to dealers last month, a decrease of 8.8% of 352,921 units a […]
Mahindra & Mahindra LTD (M&M) booked an increase of 24% on an annual basis in consolidated net profit at £ 4,083 crore for the quarterly ending in June, canceled by robust operational performance of the farm and automotive verticals. Consolidated turnover expanded 22% to £ 45,529 Crore, which reflects broad growth from core and group […]
