Page 178 - Stock Market

Budget overhang, RBI policy, Q3 results to guide market this week: Analysts

Budget overhang is likely to dominate trading pattern in the equity market this week, while participants will also keenly watch other developments like RBI policy, release of key macro data and quarterly earnings, according to analysts. Giving a thumbs down to the Budget, the market benchmark Sensex logged its biggest single-day plunge in more than a decade on Saturday after Budget presentation. Analysts said investors were disappointed as the Budget failed to live up to market expectations of growth-boosting measures and fiscal discipline. "The lack of major growth boosting measures in itself is negative for the equity market. The new income tax regime would also be negative for tax exempt equity savings schemes," Sujan Hajra, Chief Economist and Executive Director, Anand Rathi Shares & Stock Brokers said. Finance Minister Nirmala Sitharaman on Saturday slashed income tax for individuals, abolished dividend tax for companies and announced some measures for agriculture and ...

Niti Aayog VC expresses surprise over market's reaction on Budget proposals

'I am actually quite surprised by the market's reactions yesterday, going down 1,000 points', said Niti Aayog Vice Chairman Rajiv Kumar

Budget 2020 on a Saturday, stock markets to remain open for trading: BSE

The stock markets are generally closed on Saturdays and Sundays, except for special circumstances

Ruling the decade: 66 entities deliver 10x returns from 2010-2019

Bajaj Finance and Bajaj Finserv led the financial services pack, with gains of 132x and 27x, respectively

Margin contraction and competitive pressure may keep spirits low at USL

Investors should await signs of margin improvement and volume uptick, especially in the Prestige-and-above segment before considering investment in USL

NTPC's shopping spree may turn out to be a gift for its investors

Majority of the analysts say the recent buys and capacity expansion plans will work to NTPC's advantage

Large-caps expensive compared to long-term averages, says Mihir Vora

'We are positive on private-sector banks, both retail and corporate', said Mihir Vora, director & chief investment officer, Max Life Insurance

Maruti only Indian firm to find place in Morgan Stanley arm's top-20 stocks

The firm believes the stock is better value for money than others and has a upside as high as 73 per cent

Stocks to bet on in 2020

The year 2019 saw benchmark indices scale fresh lifetime highs amid volatility. Trade war concerns, tax proposals for India Inc and foreign portfolio investors (FPIs), the overall slowdown in the economy, rate cuts by the Reserve Bank of India were some of the key factors that guided markets through 2019. Here are the sectors and stocks leading brokerages across the country are bullish on for 2020

FPI inflow in equity nears Rs 1 trillion in 2019, highest in six years

Domestic mutual funds pumped in Rs 52,850 crore in equities during CY19

Cadila gains after USFDA concludes plant inspection with no observations

The United States Food and Drug Administration (USFDA) inspected the company's topical manufacturing facility in Ahmedabad during December 16-20, 2019, the drug firm said in a BSE filing.

Gold finance stocks doing well, but await correction before investing

A healthy loan growth and asset quality should help protect return on assets, but these may be priced in

US-China trade deal hopes propel markets, Sensex reclaims 41,000-mark

Barring one, all the 19 sector sub-indices compiled by the BSE gained

After 50% returns, 2020 may be even better year for Indian primary market

The 14 mainboard IPOs this year have risen by an average of more than 50% since listing, data compiled by Bloomberg show

Investors need to brace for higher volatility, lower returns in 2020: UBS

Here are the brokerage's five key predictions for next year and the next decade

Investors weigh options as top firms turn expensive after lopsided rally

Investors have taken shelter in some of India's biggest companies amid a credit crunch and the slowest economic growth in six years

Market outlook: US-China talks, macro-data to influence markets this week

Developments around US-China trade talks, Fed interest rate decision and release of key macro-economic data in the later part of the week are expected to influence the equity markets, analysts said. The US Federal Reserve interest rate decision on Thursday will be a major event that would be keenly tracked by markets globally. "Markets are expected to remain volatile this week as many factors globally and stock-specific (developments) will influence the bourses. US Fed meeting outcome will be a major international event," Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote said. Investors will keep a close watch on progress of US-China trade talks. Back home, two major data points are scheduled to be released on Thursday post trading hours -- industrial production and inflation rate -- which may also influence sentiment in the markets. Last week, the Sensex dropped 348.66 points or 0.85 per cent. In the last two trading days, markets witnessed slide after the RBI ...

Ujjivan SFB IPO: Promising franchise comes at a reasonable valuation

Ability to diversify is well demonstrated; its effectiveness may take a while to reflect on numbers

All you need to know about Sensex reshuffle and how it affects investors

Listen to the podcast to know about the latest changes in the Sensex pack, why are some stocks dropped from it and others added and how does the reshuffle affect investors

Airtel and Voda-Idea remain risky bets

While the two stocks have witnessed a relief rally, their fundamentals remain worrisome