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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.
The liquidity crisis at DHFL has dented the fortunes of ace investor Rakesh Jhunjhunwala, who increased his stake in the troubled company in the March 2019 quarter (Q4FY19)
The demand for purpose-built student accommodation (PBSA) bed spaces, as Knight Frank calls it, currently stands at over 8 mn and is projected to grow at a rate of around 8% each year until 2012
CLSA feels asset sales will be key to prevent defaults by DHFL, as expected repayments over the next two months are higher at Rs 6,000 crore versus expected collections of Rs 4,000 crore
Nomura's findings are based on the study of world's 50 biggest economies from the first quarter of 2018 (Q1CY18) till the first quarter of CY19 (Q1CY19)
Wood sees mutual fund flows to equities to resume post the outcome of the general election and expects the reforms initiated by the Modi govt in its first term to bear fruits over the next 5 years
Acceleration in corporate earnings growth in FY20 is expected to drive the markets from here on, Reddy says. From an allocation perspective, he still prefers large-caps
Banking, capital goods, oil & gas, realty, metal, consumer durables, automobiles and utilities indices were up in the range of 2.5% to 4% on the BSE on Monday
"We see May 23 as a binary event and a decisive majority for the current government (NDA) would be viewed as the better outcome," said Lavina Quadros, Equity analyst at Jefferies.
Reports peg the outflow from Indian shores at around $700 million as a result of the MSCI Emerging Market index rejig.
Increased voter turnout seems to be concentrated in states where the voters have been at the forefront of the ongoing rural distress
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
A report by Ambit Capital says that BJP is likely to win 190-210 seats. The last phase of voting will take place on May 19 for the remaining 59 seats
Earnings growth in FY20 is more likely to be around 15-16% and not 20% with a lot more of it in the latter part of the financial year, says Vikas Khemani, founder, Carnelian Capital Advisors
Tata Sons, the largest shareholder in Tata Motors, hiked its stake by 2 per cent to 35.3 per cent from 33.3 per cent
Slowdown in global growth and trade is likely to dent GDP growth in India as well, with analysts at Nomura expecting it to slow to 6.8% in FY19
From an accounting perspective, operating profit serves as an indicator of the business's potential profitability with all extraneous factors removed from calculation
Sharma expects earnings growth in FY20 to be in low single digits
Principal Mutual Fund and Taurus Mutual Fund are the other two fund houses that stocked up on YES Bank and increased their holding
Indian markets, experts say, are already pricing in a victory for the Modi-led NDA in the ongoing general elections, albeit with a reduced majority.
Nischal Maheshwari, CEO for institutional equities & advisory at Centrum Broking, tells Business Standard that the larger issue at hand is earnings growth and not the election outcome