So far in calendar year (CY22), frontline indices Nifty50 and the S&P BSE Sensex have climbed around 4 per cent each, as against 10-20 per cent fall in most of the global indices
Brokerages have a mixed outlook on margin trajectory for the sector
Brokerages expect double digit earnings growth over the next three years
Extent of margin gains will depend on extent of ad spends and price cuts
Unless the underwriting business starts looking up, brokerages are reluctant to give a buy call on the stock despite the recent rally
Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences
The new norms will make it mandatory for ceiling fans to have star ratings, as is currently the case with air conditioners and refrigerators
The key risks identified by the brokerage are stretched government finances and oil prices going past $120 a barrel
The brokers had appealed to the Securities Appellate Tribunal (SAT) against a previous order by Sebi issued in 2019
The scheme ends on January 19, 2023; terms and conditions will be made available on date of commencement
In this interview with Sanjay Kumar Singh, Associate Editor, Business Standard, Tejas Khoday, chief executive officer and co-founder, Fyers, dwells at length on the criteria you should apply while selecting a broker.
Says India's 'superior' earnings growth appears to be priced in, sees 'modest' contraction in P/E multiples going ahead; stay overweight on banks, insurers, and investment cyclicals
Brokering industry players said the disruption caused by the malware attack could have been more adverse if not for the weekend
Higher volumes and softer raw materials to drive expansion
Analysts believe ITC would continue to grow in its core business of Cigarettes and FMCG with stable taxation & softening of raw material prices.
Volatility in commodity prices and rise in competitive intensity are expected to weigh on margins
However, industry experts feel that with tighter rules, brokerages will need to have higher working capital and will involve operational risk of transferring large amounts
We have launched an aggressive discount broking plan, Religare One Pro Plan, to counter the discount broker model and attract Gen Z and millennial clients, says Nitin Aggarwal
Margin pressures may continue on competitive pressures, input cost inflation
The DreamFolks Services IPO saw strong demand from retail investors, with subscribtion of up to 8x the alloted quota. The HNI segment was also oversubscribed at the end of Day 1 of the offer period.