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Puneet Wadhwa leads all stock & financial markets’ coverage at Business Standard. He has an experience of over two decades in managing India’s busiest print, digital and electronic newsrooms at the Outlook Group, NDTV and Hindustan Times.
Puneet Wadhwa leads all stock & financial markets’ coverage at Business Standard. He has an experience of over two decades in managing India’s busiest print, digital and electronic newsrooms at the Outlook Group, NDTV and Hindustan Times.
As India moves to open up the country, investors look at sectors that have been resilient. Puneet Wadhwa charts sectors that are expected to do well in the next few months
Currently, Rakesh Jhunjhunwala and his family's net worth in listed companies stands at Rs 8,517 crore, compared to Rs 8,388 crore as on March 31, 2020.
Most brokerages expect the company to do well over the coming quarters and peg the target price for the stock higher than its current market price. Subscribing to the issue makes sense, they say
Over the next year, we would expect Sensex and Nifty returns to be in line with their earnings growth
Analysts at Goldman Sachs expect the Indian economy to contract 0.4 per cent in FY21 versus consensus median 2.7 per cent
Microsoft is one of the leaders in the cloud computing segment segment, besides Alphabet (Google) and Amazon, making the stock attractive
As regards the United States (US), Wood expects a gradual opening up in May
Global holdings of physically-backed gold ETFs and similar products jumped by 298 tonnes during the March quarter - the highest quarterly inflows for four years
The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then
Analysts, however, do caution against the rich valuation the pharma index and the stocks are trading at
Thus far in CY20, 20 companies have announced buyback of their shares, of which, 14 firms have proposed to buyback from open market route
The worst-case scenario, assumes that coronavirus (Covid-19) will continue to spread, possibly in waves, all the way through to mid-2021
India's Achilles heel on ratings, according to Nomura, is its parlous state of fiscal affairs
In the recent past, we have used the market volatility to add some quality franchises and replaced our weakest holdings. Overweight healthcare, insurance, automobiles/consumer discretionary.
Mid-and-small-cap stocks have seen a significant impact in this correction and the fall is giving a good opportunity to add good quality mid-and-small-cap stocks in our schemes, says Patil.
Variables such as nominal gross domestic product (GDP), central bank balance sheets, or official gold reserves will remain the key determinants of gold prices.
According to estimates by Jefferies, the deal implies a pre-money equity valuation of Rs 4,362 billion ($57 billion) for Jio Platforms Limited (JPL).
On Monday, the front-month US WTI benchmark crashed into negative territory for the first time ever in history
Though Asia's external & fiscal buffers are generally more robust than those in other regions, equipping governments with more policy space, their policy responses will only cushion some of the impact
'Volatility is here to stay in the near term, for Indian as well as global markets, as a lot is still unknown about the future trajectory of the coronavirus pandemic and lockdowns across the globe'