This increase in the US bond yield, the most significant in roughly four decades, is consequential
Metal stocks continued to rally last week, despite weakness in the overall market
This makes Indian bonds less attractive to foreign investors
Weak demand, global slowdown add to their woes
The Sensex had an earnings yield of 4.11 per cent on Friday against 4.47 per cent yield on 10-year US government bonds
Largecaps are trading at a valuation discount to mid and smallcap stocks and this has made them attractive
According to data, the combined forex revenue of listed IT companies grew by 20.7 per cent to reach Rs 5.14 trillion in FY23
A slowdown in fresh investments has resulted in a steady decline in the contribution of the corporate sector to overall capex and its share in GPD
Growth in forex revenue continues to lag increase in forex expenses
Tata-owned fashion retailer's P/E ratio at 150 times is far ahead of DMart's 101 times
Sector could run out of steam, given sharp slowdown in the industry revenue growth
Combined net sales of listed firms in these groups slowed to 2.2%
Tata Sons also made a fresh equity investment worth around Rs 1,800 crore in Tata Electronics in the past two years
The yield on 10-year Indian government bonds is now only 295 basis points higher than that of US 10-year treasury bonds, the lowest since January 2007
India Inc's combined quarterly net profit rose 47% to a record Rs 3.36 trn; net sales were up just 5%
IT services, a growth driver, showed a revenue and profit slowdown, ranking third in net profit after banks and oil firms
Public sector lender's quarterly net profit in Q1 at Rs 18,537 crore ahead of RIL's quarterly net profit numbers
The combined net sales of all companies in the sample were up just 7.3 per cent YoY in Q1FY24, the lowest in the past 10 quarters
This gives little incentive to FPIs to invest in Indian equities
A steady rise in the valuation has been largely due to higher stock prices, and not because of faster growth in corporate earnings