Latest Updates Around The World
Gurmeet Chadha’s stock market mantra remains in the game. Sees these 2 things to reverse trends Notwithstanding the continuous correction in the midst of foreign money outflows, it will remain in the game for investors, says Gurmeet Chadha, Managing Partner & CIO at complete Circle Consultants, which suggests that investors remain patient. For him, the […]
Indian shares remain stuck in a consolidation phase, but the next part of the growth could be activated by festive consumption, retailings and a rebound in company profits, said Sushant Bhansali, CEO of Ambit Asset Management, in an interaction with ET NOW. Bhansali noted that the current phase of Sideways Movement lasted almost a year […]
The Sesex has not gone anywhere in the last 12 months, with a return of -0.7% lagging behind and falls behind most global peers, a sobering outcome despite a background of policy outflow such as GST and income tax, interest rate letters and the inflow of domestic funds. Analysts point to weak business results, continuing […]
Indian shares can remain accessible in the short term, but will pick up in the second half of the tax-driven by profit recovery and GST-conducted consumption boost, said Mahsh Patil, Chief Investment Officer at Aditya Birla Sun Life AMC. “The Indian markets have achieved a overdue global peers this year, with Asian and developed markets […]
International Brokerage Jefferies has called the newest acquisition of TBO TEK a “classic opportunity” to expand its global reach, after the company had announced the purchase of classic holidays, a luxury travel wholesale -based wholesale trade, for around $ 125 million. The brokerage has raised its price target on the shares to RS 1,800 from […]
“Secondly, within this global background, on the micro -side, the business results remained soft, which was largely on expected lines. However, with announcements that have already been made and expectations of further reports about GST rationalization, you could see a positive momentum in consumption and operating results in the second half. Despite the matte trade […]
In the first half of Augustus, foreign investors have put pressure on Indian shares worth 21,000 crore, investigated by trade tensions in the US India, matte income from the first quarter and a weakening rupid. With this, the total outflow of foreign portfolio investors (FPIs) in shares reached RS 1.16 Lakh Crore marking so far […]
Sumit Bhatnagar, fund manager at LIC MF, expects a small time correction in the market, but does not provide the Grand Prix. He anticipates a pick -up in business income, driven by consumption and increased Capex activities, which benefit sectors such as NBFCs, Cement and FMCG.Et now: looking at all these uncertainties, we have many […]
Australian shares closed on a record high on Friday, in which a week set for a week that delivered several record peaks after a reduction in the central bank and a wave of strong business results with an incentive student. The S&P/ASX 200 index closed 0.7% higher on a record peak of 8,938.60. The benchmark […]
Ashish Gupta, CIO, AXIS investment fund says that the markets of India can see in the next two months momentum if the dollar remains weak. The profit growth is modest, but could improve in H2. Domestic SIP streams remain strong, Fii’s Vleighig and IPO delivers heavily. NBFCs, consumer -discretionary, selected capital goods and electricity remain […]
